{"id":556225,"date":"2023-10-20T09:31:23","date_gmt":"2023-10-20T09:31:23","guid":{"rendered":"https:\/\/uniquehot.com\/?p=556225"},"modified":"2024-06-11T14:30:16","modified_gmt":"2024-06-11T14:30:16","slug":"xday-2023-day-2-google-and-multiversx-join-hands-how-the-big-tech-giant-will-support-the-community","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/xday-2023-day-2-google-and-multiversx-join-hands-how-the-big-tech-giant-will-support-the-community\/","title":{"rendered":"xDay 2023 Day 2: Google And MultiversX Join Hands, How The Big Tech Giant Will Support The Community"},"content":{"rendered":"

In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto.<\/strong><\/p>\n

Related Reading: xDay 2023 Day 1: How MultiversX Is Bridging The Metaverse, AI, And Blockchain Under Ecosystem<\/a><\/div>\n

On day two of the event, the MultiversX team, spearheaded by Beniamin Mincu, announced a partnership with big tech giant Google. The partners will work on driving adoption and \u201caccelerating\u201d the expansion of Web3 and the MultiversX ecosystem.<\/p>\n

\"multiversX
MultiversX\u2019s native token EGLD trends to the downside on the daily chart. Source: EGLDUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n

Google Cloud Pledges Financial Support For MultiversX Ecosystem<\/h2>\n

In conversation with Daniel Rood, Head of Web3 EMEA for Google Cloud, the partners spoke about the similarities in the obstacles faced by Google to reach billions of users. Mincu stated that this partnership with the big tech giant will help the network increase its adoption.<\/p>\n

The partnership will be supported by \u201c4 pillars,\u201d as stated by Rood. In that sense, the big tech giant announced that the data running on the MultiversX will be embedded directly into the Google Cloud infrastructure, adding an extra layer of security for the blockchain.<\/p>\n

In the past two years, MultiversX, formerly Elrond, implemented a sharding architecture capable of handling over 100,000 transactions per second. The project has focused heavily on providing its users and builders with a secure and scalable infrastructure; this partnership is another step in that direction.<\/p>\n

The MultiversX CEO stated the following about the partnership:<\/p>\n

We are excited to unveil this collaboration as part of a strategic plan meant to expand our ecosystem and bring significant opportunities for users and developers. MultiversX is in a unique position, with great potential for accelerated growth, and the additional products and services brought by Google Cloud are a key contribution to that.<\/p><\/blockquote>\n

On the stage, Mincu expressed excitement about what the partnership represents for the MultiversX ecosystem and the nascent industry. The announcement was received with applause by the community.<\/p>\n

The MultiversX CEO emphasized their role as the \u201cengine\u201d driving the ecosystem. Thus, Google Cloud will also offer financial aid and pledge to create spaces like hackathons where builders can benefit from the partnership.<\/p>\n

\"\"
Beniamin Mincu, CEO at MultiversX, speaking with Daniel Rood, Head of Web3 EMEA for Google Cloud during xDay 2023.<\/figcaption><\/figure>\n
Related Reading: Elrond Becomes MultiversX, Unveils 3 New Metaverse Products<\/a><\/div>\n

During the xDay 2023 event, a hackathon will reward the community with $1 million in prizes and further funding. Daniel Rood, Head of Web3 EMEA for Google Cloud, added the following:<\/p>\n

There are exciting opportunities to enable Web3 developers to build and scale faster and as we explore new verticals within the space, our partnership with MultiversX will allow us to expand our strategy and reach further and solidify our position as one of the main innovation drivers in the blockchain world.<\/p><\/blockquote>\n

Cover image from MultiversX, chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto. Related Reading: xDay 2023 Day 1: How MultiversX Is Bridging The Metaverse, AI, And Blockchain Under Ecosystem On day two of the event, the MultiversX team, spearheaded by Beniamin Mincu, announced a partnership with big tech giant Google. The partners will work on driving adoption and \u201caccelerating\u201d the expansion of Web3 and the MultiversX ecosystem. Google Cloud Pledges Financial Support For MultiversX Ecosystem In conversation with Daniel Rood, Head of Web3 EMEA for Google Cloud, the partners spoke about the similarities in the obstacles faced by Google to reach billions of users. Mincu stated that this partnership with the big tech giant will help the network increase its adoption. The partnership will be supported by \u201c4 pillars,\u201d as stated by Rood. In that sense, the big tech giant announced that the data running on the MultiversX will be embedded directly into the Google Cloud infrastructure, adding an extra layer of security for the blockchain. In the past two years, MultiversX, formerly Elrond, implemented a sharding architecture capable of handling over 100,000 transactions per second. The project has focused heavily on providing its users and builders with a secure and scalable infrastructure; this partnership is another step in that direction. The MultiversX CEO stated the following about the partnership: We are excited to unveil this collaboration as part of a strategic plan meant to expand our ecosystem and bring significant opportunities for users and developers. MultiversX is in a unique position, with great potential for accelerated growth, and the additional products and services brought by Google Cloud are a key contribution to that. On the stage, Mincu expressed excitement about what the partnership represents for the MultiversX ecosystem and the nascent industry. The announcement was received with applause by the community. The MultiversX CEO emphasized their role as the \u201cengine\u201d driving the ecosystem. Thus, Google Cloud will also offer financial aid and pledge to create spaces like hackathons where builders can benefit from the partnership. Related Reading: Elrond Becomes MultiversX, Unveils 3 New Metaverse Products During the xDay 2023 event, a hackathon will reward the community with $1 million in prizes and further funding. Daniel Rood, Head of Web3 EMEA for Google Cloud, added the following: There are exciting opportunities to enable Web3 developers to build and scale faster and as we explore new verticals within the space, our partnership with MultiversX will allow us to expand our strategy and reach further and solidify our position as one of the main innovation drivers in the blockchain world. Cover image from MultiversX, chart from Tradingview<\/p>\n","protected":false},"author":535,"featured_media":555967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,86661,83568,2219,10610,89371,84673],"class_list":["post-556225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-egld","tag-egldusdt","tag-google","tag-metaverse","tag-multiversx","tag-web3"],"acf":[],"yoast_head":"\nxDay 2023 Day 2: Google And MultiversX Join Hands, How The Big Tech Giant Will Support The Community<\/title>\n<meta name=\"description\" content=\"Google Cloud and MultiversX (EGLD) partnered to drive adoption, and support the community building on this network.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. 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