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China’s Ministry of Industry and Information Technology (MIIT) has announced the formation of a working group aimed at setting standards for the metaverse. In a public notice on Jan. 19, MIIT stated that the metaverse working group was created to…
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Huawei Cloud unveils innovative Web3 services at the SUSTAINABLE WEB3 SG 2023 Summit.
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Huawei Cloud, the cloud infrastructure arm of Chinese tech giant Huawei, has announced the formation of the metaverse and web3 alliance, which will bring together several companies, including Morpheus Labs, DeepBrain Chain, Blockchain Solutions, and Polygon. Huawei Cloud unveiled the…
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Huawei opines that 5G and 6G networks may meet the Metaverse's demands and that existing telecom infrastructure cannot do so.
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Three prominent IIC researchers explain current blockchain deficiencies in all DLT networks and provide solution that increases speed, scalability and interoperability while reduce transaction costs. The Industry IoT Consortium (IIC) has detected peer-to-peer communication deficiencies affecting all blockchain networks, negatively…
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Huawei, the Shenzhen-based provider of telecommunication equipment and seller of consumer electronics, has applied for new blockchain patents for storage purposes. Steaming ahead, Huawei’s filing highlights its desire to stay ahead of competitors and be an innovation leader. A Blockchain…
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Chinese telecommunications giant Huawei announced the rollout of a blockchain directory for government data that connects over 50 government undertakings to a single network for seamless data propagation. According to Ledger Insight, top brass at Huawei see this as an…
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Per a November 4, 2019, statement from Huawei’s WeChat channel, the multinational telecom titan has signed a strategic cooperation agreement with the People’s Bank of China (PBoC) – China’s central bank. Huawei Making Its Presence Felt in the BlockSphere Huawei,…
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After earning significant success in China, Huawei Cloud launched its Blockchain Services (BCS) globally earlier this month. Per a press release issued by the company on November 29, 2018, the service will help create, manage, and deploy blockchain applications economically…
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On October 30, 2018, Switzerland-based phone maker Sirin Labs announced the launch dates of their much talked about blockchain smartphone dubbed Finney, which is to be backed by the legendary Argentine football star Lionel Messi. Unleashing the Power of Blockchain…
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The third-largest maker of handsets in the world Huawei will be releasing the bitcoin wallet of BTC.com in its AppGallery. This was revealed by business operations vice president at BTC.com, Alejandro de la Torre. “It’s a good opportunity to tap…