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Home»EXCHANGE NEWS»EMURGO partners with Huawei Cloud to expand Cardano network
EXCHANGE NEWS

EMURGO partners with Huawei Cloud to expand Cardano network

By Crypto FlexsApril 13, 20243 Mins Read
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EMURGO partners with Huawei Cloud to expand Cardano network
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EMURGO, the leader in Web3 adoption on the Cardano blockchain, has entered into a strategic partnership with Huawei Cloud. We hope this will enable us to strengthen the Cardano network by installing Cardano validator nodes on the powerful infrastructure of Huawei Cloud. As a result, we will see more growth and faster web3 adoption in Asia Pacific and Africa with EMURGO as a key partner integrating Huawei Cloud’s powerful cloud computing capabilities into the open source Cardano and other decentralized blockchain ecosystems.

Huawei Cloud is not only one of the world’s largest cloud computing providers, but also a globally recognized cloud services brand within technology giant Huawei. This agreement will give Cardano blockchain developers access to a variety of Huawei Cloud capabilities, including global network and processing capacity, which will be useful for developing unique web3 solutions that can scale further and integrate more effectively. no see. This will also allow us to expand the reach of Cardano’s Web3 capabilities by introducing them to the Huawei Marketplace, where many leading organizations use them.

Therefore, further cooperation between EMURGO and Huawei to develop the Cardano ecosystem within key regional economies in Asia Pacific and Africa is still in its early stages.

Ken Kodama, CEO of EMURGO, expressed his satisfaction with this agreement and his desire to cooperate with Huawei Cloud, which is well-known globally for its excellent cloud solution products. He also said that it has successfully integrated the two worlds by fusing partner Huawei’s reliable cloud technology with the highly decentralized nature of blockchain networks, developers’ community sourcing solutions, and eb3 applications. All of this would not be possible without establishing the concepts of transparency and trust for data exchange across connected devices and the Internet of Things (IoT) services that rely on them within the framework of a cloud ecosystem. The company also looks forward to working closely with HUAWEI CLOUD to drive joint growth in the Asia Pacific region.

Rex Lei Yang, Managing Director of Huawei Cloud Singapore, said they are continuously working to improve themselves and maintain a leading position in today’s cloud world. As a result, cooperation with EMURGO is very interesting because it gives us access to a large network of Web3 developers, as well as other solutions created around the Cardano blockchain. Ultimately, the company’s Web3 service will build on this agreement to drive the future of our business.

With over 3,000 stake pools or validators providing liquidity and staking to millions of ADA holders, EMURGO was one of the founding institutions behind the Cardano blockchain, one of the most decentralized blockchains in existence. EMURGO has established a strong presence across Africa through its regional subsidiary, EMURGO Africa, and its Cardano accelerator, Adaverse, and continues to expand across Asia Pacific beyond its current operations in Singapore, Indonesia, India and Japan. In Cardano, nodes (or stake pools) participate in permissionless network security.

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