Advertisement
AD

Main navigation

ADA Community Excited as Huawei Cloud Infrastructure Arrives on Cardano

Advertisement
Thu, 11/04/2024 - 13:43
ADA Community Excited as Huawei Cloud Infrastructure Arrives on Cardano
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The Cardano community is abuzz with excitement as Emurgo, a founding entity of the Cardano blockchain, has announced a partnership that is set to bring Huawei's cloud infrastructure to the Cardano ecosystem.  

Advertisement

The crypto community has greeted this news with enthusiasm. The sentiment is overwhelmingly positive, with many anticipating growth in Cardano's adoption and utility. Cardano Whale, a Cardano-focused X account, shares excitement about the latest partnership on X.

Emurgo has partnered with Huawei Cloud, one of the world's top cloud computing firms, to extend support for a Cardano validator node. This collaboration marks a pivotal moment for Cardano, promising to strengthen its capabilities and expand its reach.

The partnership will bring Huawei's cloud infrastructure to the Cardano ecosystem, allowing developers to use it to build Web3 solutions on Cardano, resulting in increased growth and adoption across Asia-Pacific and Africa.

Similarly, the collaboration is expected to improve the scalability and interoperability of Cardano's cloud services. Cardano will also gain access to Huawei's Marketplace, a platform utilized by many major organizations, broadening the reach of its Web3 capabilities.

Related
Cardano Founder Unveils Critical To-Dos for ADA Blockchain Sustainability

This milestone is the first step toward a larger collaboration between Emurgo and Huawei in the future, which will drive commercial adoption through validator nodes, events and technological collaborations.

As the Cardano community eagerly awaits further details and updates on the integration with Huawei cloud infrastructure, excitement is building for the potential benefits and opportunities it will bring.

At the time of writing, ADA was up 1.23% in the last 24 hours to $0.584. Crypto analyst Ali believes that nothing has changed for Cardano in terms of its price action. ADA is precisely where it should be, consolidating in the $0.55–$0.80 range before breaking out to $1.70.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD