MultiversX Unveils New Collaborations in Web3 with Google Cloud and Telekom

Focusing on the metaverse, this blockchain enterprise is making waves with exciting new partnerships designed to push the boundaries of AI and big data integration within Web3. MultiversX The collaborative initiative with Google Cloud centers on smart contract tech, propelling the development of blockchain-based tools while harnessing the power of AI. Similarly, MultiversX has been positioned as a validator within its network, taking charge of transaction oversight, block generation, and enhancing network security.

This partnership announcement with Google Cloud was made during a panel discussion at the xDay Conference, attended by key figures from leading tech firms, government bodies, and industry experts. Both Beniamin Mincu, CEO of MultiversX, and Daniel Rood, Head of Web3 EMEA at Google Cloud, emphasized their shared vision for accelerating Web3 growth. Deutsche Telekom has joined The architecture of MultiversX, which can process over 100,000 transactions per second, has emerged as a preferred backend for various real-world applications. This popularity is due to the enhancements in token standards and smart accounts, attracting notable institutions such as the European digital asset marketplace ICI D SERVICES and Audi’s immersive in-car virtual reality offering, holoride.

Integrating MultiversX's network with Google Cloud's BigQuery—a serverless data warehouse with an embedded query engine—simplifies the execution of extensive blockchain projects. This collaboration provides immense value to Web3 developers and users by allowing them to access critical insights from data analytics and AI tools regarding addresses, transaction volumes, smart contract interactions, and more.

Rood highlighted the thrilling opportunities awaiting Web3 developers for rapid scaling and innovation, stating: 'Our collaboration with MultiversX will allow us to broaden our strategic efforts and reinforce our role as a key innovator in the blockchain arena.'

Furthermore, this alliance equips ecosystem developers to harness Google Cloud's advanced resources and services, maximizing the efficiency and scalability of their non-blockchain components for decentralized applications. The first joint project is set to kick off at the xDay Hackathon, with a total prize pool of up to $1 million, and Google Cloud spearheading the Artificial Intelligence segment.

Looking ahead, MultiversX and Google Cloud intend to intensify their partnership by integrating and supporting the MultiversX network, while also exploring new opportunities to assist startups in their growth and expansion journey.

Deutsche Telekom Partners with MultiversX to Strengthen Web3 Security

Deutsche Telekom aims to facilitate the development of rapid, secure, and cost-effective Web3 applications through its collaboration with MultiversX. Leveraging a multi-cloud approach, their state-of-the-art infrastructure and round-the-clock expert management serve as a solid foundation for ensuring the security and trustworthiness of the blockchain network.

'The Metaverse necessitates secure infrastructures as digital experiences and extensive gaming rely on stable networks. I'm excited to embark on this new Web3 journey with MultiversX and help shape this innovative era,' expressed Dirk Röder, who leads the Web3 Infrastructure & Solutions Team at Deutsche Telekom.

Beniamin Mincu, the CEO of MultiversX, highlighted the importance of seasoned industry professionals actively participating in the blockchain space, further enhancing Web3's potential alongside Deutsche Telekom.

'A strong sign of blockchain’s progress is when industry veterans take notice and actively engage with it. Today, we are advancing Web3’s capabilities by carving out new pathways and pioneering fresh experiences in partnership with Deutsche Telekom,' remarked Mincu.

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Agne is a journalist for Metaverse Post, where she covers the latest innovations and trends in the metaverse, AI, and Web3 sectors. With a deep passion for storytelling, she's conducted countless interviews with industry experts, continually on the lookout for fascinating narratives. Holding a Bachelor's in literature, Agne has an extensive background that spans writing about diverse subjects including travel, art, and culture. Additionally, she has volunteered as an editor for an animal rights organization, raising awareness about important animal welfare issues. Connect with her on

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