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  • New Milestone For Google And MultiversX, Partners Launch New Data Integration

    New Milestone For Google And MultiversX, Partners Launch New Data Integration


    In a new development for their partnership, MultiversX has announced its integration with Google BigQuery, marking a significant milestone in making blockchain data more accessible and insightful, per an official post.

    MultiversX Ecosystem Gains a Boost With BigQuery Integration

    This integration hints at potential growth for the MultiversX ecosystem, underscoring the network’s commitment to enhancing the user experience and assisting its developer community by providing them with new tools.

    With this latest collaboration, Google replicates its role as the internet’s information custodian by making MultiversX’s blockchain data readily accessible through BigQuery. This platform operates as an enterprise-grade cloud data warehouse.

    The official post claims this move will “democratize access to blockchain insights, offering unprecedented transparency and analysis capability to users and developers alike.”

    Integrating BigQuery enables anyone with an account to delve into the MultiversX network’s intricacies without needing specialized software or the lengthy process of syncing the ledger.

    Users can now easily query the network’s data, including details about the top 100 block producers, daily transaction counts, and much more, as seen in the chart below. This capability is expected to drive further innovation and development within the MultiversX ecosystem.

    MultiversX data is available and easy to visualize with BitQuery. Source: MultiversX

    Lucian Mincu, CIO of the MultiversX Foundation, highlighted the significance of this development, stating:

    Analyzing and interpreting data to reveal useful insights about product usage is a science barely explored in the web3 space. Having Google resolve a big part of the hassle for MultiversX projects is an important step towards making dApps better, more useful, and more appealing to the masses.

    Google Support Accelerates MultiversX Development

    In addition to data accessibility, the partnership between MultiversX and Google Cloud encompasses a wide range of initiatives to accelerate Web3 adoption and ecosystem expansion. As announced during the xDay 2023 Conference in Bucharest, Romania.

    These include a startup accelerator program, hackathons, developer initiatives, and joint business developments. MultiversX’s presence at the company’s booth at GITEX Global in Dubai in 2023 exemplifies the partnership’s deepening collaboration.

    The partnership also shows Google Cloud’s commitment to supporting the blockchain community, as highlighted by Daniel Rood, Head of Web3 EMEA for Google Cloud. The partnership aims to drive adoption, “accelerating” the growth of the MultiversX ecosystem and, by extension, the broader Web3 space.

    With Google’s backing, MultiversX is poised for accelerated growth, bringing new opportunities for users and developers.

    MultiversX EGLD EGLDUSDT
    EGLD’s price trends to the upside on the daily chart. Source: EGLDUSDT on Tradingview

    As blockchain technology continues to evolve, partnerships between MultiversX and Google BigQuery are pivotal in shaping the future of digital assets and Web3. By enhancing data accessibility and supporting the development community, MultiversX and Google are setting new standards for innovation and collaboration in the blockchain space.

    Chart from Tradingview

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.



    Reynaldo Marquez

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  • xDay 2023 Day 3: Interview With Bogdan-Gruia Ivan, Romanian Minister of Research, Innovation and Digitalization | Bitcoinist.com

    xDay 2023 Day 3: Interview With Bogdan-Gruia Ivan, Romanian Minister of Research, Innovation and Digitalization | Bitcoinist.com

    In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto.

    xDay 2023: “No Time To Waste In Driving Innovation”

    On the event’s third day, we sat down with Bogdan-Gruia Ivan, Romanian Minister of Research, Innovation and Digitalization. The Minister intends to support the crypto community and builders by attracting capital into the country, giving crypto companies tax exceptions, and implementing a new legal framework to provide them with clarity and security.

    Bogdan-Gruia Ivan, Romanian Minister of Research, Innovation, and Digitalization (at the center), meeting with crypto founders during xDay 2023. Source: Bitcoinist

    The Minister sees himself as a “true believer” in blockchain, artificial intelligence, and their capacity to drive innovation in the country. “There is no time to waste,” he said, as he promised to turn words into facts. This is what he told us:

    Q: How do you feel about the event and projects coming out of MultiversX?

    A:

    The first time I was in the Romanian Parliament was 20 years ago. For two years, I served as a member of the Chamber of Deputies. I’m a member of the parliament now, and I feel I have never seen the Romanian Parliament in such a great way, looking so well and having that positive and brilliant vibe about shaping the future. It’s amazing what Beniamin (Mincu) and Multiverse X are doing here.

    Q: How is Romania going to support MultiversX and the crypto community? Can implementing Markets in Crypto-Assets (MiCA) help you achieve your goals?

    A:

    First of all, right now, we already have a Romanian memorandum, an understanding of how we could improve and we are working on a legal framework about technology and about blockchain. Once we pass all reviews from all public institutions, next week, we’ll bring it into the government, and we’ll make it the legal framework for blockchain and emerging technologies. So that is one of the strategic points of developing and putting Romania on the map.

    The second one is the Romanian AI strategy. We want to launch on 26 September with an entire large debate about our AI strategy and we’ll finish it by the end of the year. And after that, we’ll pass a legal framework for AI.

    Third, Romania has huge potential, the most brilliant minds of our young people from the IT sector, and with them, we had to figure out how we could improve and be part of quantum technology (…). And in my opinion, Romania could provide, could be the regional provider, and could be the great hub for entire software and for quantum technologies. So in that way, we’ll launch the framework and the national debate about quantum strategy in two or three weeks.

    Q: Do you think cooperation with crypto projects will extend to other members of the European Union?

    A:

    I’m interested in that because we’re part of the change. We are in the same stage with our partners (…). But at the same time, I want Romania to have its own position in that game. So I would like to put Romania on the map, so it can lead the cryptocurrencies and other emerging technologies because of the ecosystem (in the country), because regulations are friendly, because we have that golden mine in the minds of those bright young people. So that’s why I want Romania to lead in crypto and not only in crypto.

    As of this writing, the price of Bitcoin approaches $30,000.

    xDay 2023 MultiversX EGLD
    BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview

    Cover image from MultiversX, chart from Tradingview

    Reynaldo Marquez

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