Huawei Cloud Introduces Advanced Web 3.0 Services to Enhance Hong Kong's Digital Landscape - Blockchain.News

Huawei Cloud Introduces Advanced Web 3.0 Services to Enhance Hong Kong's Digital Landscape

Luisa Crawford Aug 16, 2023 13:30

Huawei Cloud launched Web 3.0 services in Hong Kong on Aug. 16, 2023. The TechWave event showcased blockchain innovations and aimed to boost the region's digital economy and Web 3.0 ecosystem.

Huawei Cloud Introduces Advanced Web 3.0 Services to Enhance Hong Kong's Digital Landscape

Huawei Cloud has announced the launch of several innovative Web 3.0 services and technologies during the TechWave Web 3.0 Special Day. The event, co-organized by Cyberport Hong Kong, Institute of Web 3.0 Hong Kong, and Techub News, took place at Cyberport Hong Kong and witnessed the unveiling of blockchain services such as the Web 3.0 Node Engine Service (NES) and QingTian Enclave Confidential Computing.

A significant highlight of the event was the inauguration of the Web 3.0 Zone in Huawei Cloud KooGallery, which now hosts the first ten partner applications. The event attracted industry stalwarts including Peter Yan, CEO of Cyberport Hong Kong, Yang Wang, Vice President of Hong Kong University of Science and Technology (HKUST), and Gao Jianghai, President of Huawei Public Cloud Business Department. The gathering facilitated discussions on the growth, infrastructure, and application compliance of the Web 3.0 industry, as well as the merging of digital and physical realms.

Cyberport CEO, Mr. Yan, emphasized the organization's role as a central hub for Web 3.0 in Hong Kong. He mentioned, "As the largest Web 3.0 community in Hong Kong, we aim to utilize our comprehensive innovation and technology (I&T) ecosystem to bridge sectors like smart living, FinTech, and digital entertainment, promoting collaboration and innovation within Web 3.0 projects."

HKUST's Vice President, Mr. Wang, highlighted Huawei Cloud's pivotal role in propelling Web 3.0 in Hong Kong. He stated, "Huawei's global vision and strategy will significantly elevate Hong Kong's position in the global Web 3.0 arena, thereby boosting the region's digital economy."

Mr. Gao from Huawei Public Cloud Business Department pointed out the technical challenges the Web 3.0 industry currently faces. He said, "By leveraging Huawei's 30 years of experience in ICT, combined with hardware and software synergy, we are confident in addressing these challenges and advancing the Web 3.0 industry."

Huawei Cloud has introduced a hosting service tailored for Ethereum staking nodes, enhancing staking validator efficiency to over 99%. The QingTian Enclave security framework ensures end-to-end data encryption, providing a secure environment for applications and data on elastic cloud server instances. Additionally, with innovations like ZK Rollup hardware, Huawei Cloud aims to reduce average transaction confirmation times from hours to minutes.

In its endeavor to develop the regional Web 3.0 industry, Huawei Cloud has launched the Web 3.0 Zone on KooGallery. This platform collaborates with industrial parks, universities, and research institutes to foster skill development, ecosystem growth, and developer engagement.

Furthermore, Huawei Cloud's Blockchain Service (BCS) has developed over 400 industry application scenarios across seven key sectors. The company's vision is to establish an open blockchain platform that promotes cross-industry innovation and accelerates the integration of Web 3.0 technologies with the real economy.

Concluding the event was a roundtable discussion that delved into topics like Web 3.0 infrastructure innovation and on-chain user security. The overarching aim is to cultivate a collaborative and beneficial Web 3.0 industry ecosystem in Hong Kong.

Huawei Cloud, with its Everything-as-a-Service strategy, is committed to providing Web 3.0 customers with globally distributed computing power and establishing a secure Web 3.0 infrastructure on the cloud. The company's mission is to foster a sustainable industrial ecosystem in Hong Kong with a global impact, propelling the growth of the region's Web 3.0 industry.

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