Crypto Updates

What happens when cloud meets Web3?

What happens when cloud meets Web3?


Cointelegraph’s Hashing It Out podcast talks to Howie Jiang, Web3 chief solution architect at Tencent Cloud Europe, and Fakhul Miah from Elastos about how crypto can take advantage of cloud technology. The two firms recently announced a partnership to “accelerate the Web3 space.“

Tencent Cloud, a popular global cloud vendor, is betting heavily on Web3 with operations in 27 regions and multiple projects related to Web3. Jiang highlights the firm’s experience with Web3 and explains that the cloud company wants to expand overseas after working with nonfungible tokens (NFTs) and other blockchain products in China.

Elastos has been building what it describes as “the next phase of the internet” for the last five years. Miah explains that a commitment to providing individuals with true digital sovereignty sets it apart from other projects.