Key Points:
The cloud infrastructure branch of China’s tech giant, Huawei Cloud, recently announced updates to the Ethereum and TRON node engines.
Notably, the Ethereum stake operation instructions were revamped on August 3, underscoring Huawei Cloud’s commitment to blockchain users’ privacy by affirming the non-collection of blockchain addresses.
To drive collaborative growth in the sector, Huawei Cloud had previously established the Metaverse and Web3 Alliance in February. This alliance united various enterprises, including Morpheus Labs, DeepBrain Chain, Blockchain Solutions, and Polygon.
The initiative gained momentum when over 100 partners and major clients from the APAC region attended an exclusive event, underscoring its significance.
Huawei‘s Web 3.0 Node Engine Service (NES) marked a milestone as it went live on July 30th, offering support for Ethereum and TRON. This move is set to amplify TRON’s global influence and technical capabilities and stimulate its worldwide expansion.
The NES is poised to invigorate Web3 development and foster novel innovations in blockchain applications, aligning with Huawei’s vision.
Describing the Web 3.0 NES as a node engine platform, Huawei underscores its role in linking developers to leading blockchains such as TRON and Ethereum.
This platform streamlines blockchain network management, resource allocation, and verification while enhancing the stability, efficiency, and security of Web3 services.
As TRON focuses on Asia, particularly Hong Kong and Japan, integrating Huawei’s Web 3.0 NES simplifies network configuration, enabling TRON to deliver more efficient services to its vibrant community.
The partnership between Huawei Cloud and the Web3 ecosystem augurs well for the evolution of blockchain technology and its pervasive influence across industries.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
George Town, Grand Cayman, 22nd November 2024, Chainwire
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