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Huawei will establish the East Asian metaverse and Web3 Alliance.

Huawei’s cloud division has formed a “heavyweight” alliance with numerous blockchain businesses to establish its metaverse and Web3 Alliance initiative, which seeks to accelerate the acceptance and spread of these technologies in East Asia and beyond.

As WeChat reported on February 25, Huawei Cloud announced collaboration with Polygon (MATIC), Deepbrain Chain (DBC), Morpheus Labs (MITX), and BlockChain Solutions, with others to come in the future, during the 2023 Huawei Cloud Asia Pacific Partnership Leaders Symposium in Bali, Indonesia.

Pei-Han, CEO of Morpheus Labs, commented on the cooperation and launch announcement, emphasizing his company’s engagement in the project as “one of the essential partners in Huawei Metaverse – Web3 Alliance.”

Increasing Horizons

The summit, which took place between February 22 and 24, brought together various IT businesses in the area, including Cloudsec Asia, Sirius, HKT Enterprise Solutions, China Telecom, China Mobility, and China Unicom, to discuss attempts to widen the technology’s reach.

According to the research, Huawei Cloud provides cloud-native, artificial intelligence (AI), and big data solutions to governments and organizations in roughly 30 countries, with the goal of achieving digital transformation and increasing productivity while serving 730 million end-users worldwide.

Additionally, Huawei’s latest blockchain collaboration is only one of its efforts to develop new technologies, as it declared back in November 2021 that it had already set its eyes on bringing out the 6G network by 2030, despite the fact that 5G technology had just recently debuted on the global arena.

Tencent Cloud, the cloud unit of tech corporation Tencent, previously announced a cooperation with decentralized technology projects such as Ankr (ANKR), Avalanche (AVAX), Layer 1 network Sui, and Ethereum (ETH) Layer 2 zkEVM scaling solution Scroll to promote the global Web3 ecosystem growth.


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