Skip to content

China’s Huawei Cloud is expanding to the Web3 industry

China's Huawei Cloud is expanding to the Web3 industry

The Chinese multinational technology corporation, Huawei Technologies Co., Ltd., is expanding its Huawei Cloud services to the Web3 industry by upgrading its documentation and user guides in a new section called ‘Web3.0 Node Engine Service’.

As noticed by the renowned crypto news reporter Colin Wu on August 10, Huawei Cloud has updated “the introduction of the Ethereum node engine and TRON node engine.”

Overviewing the hosting service: “Web 3.0 Node Engine Service (NES) is a blockchain node engine platform developed by Huawei Cloud”, writes the Huawei Cloud team in the user guide. 

“It simplifies blockchain network management, resource management, and authentication, while also providing developers with the ability to connect to mainstream blockchains like Ethereum. NES offers a stable, efficient, and secure infrastructure for Web 3.0 services.”

The documentation states that NES full-node hosting services can be used by:

  • DApp developers and users: They can configure nodes to interact with blockchains with dispatch.
  • Staking node carriers and individuals: They can use NES to host Ethereum full nodes, including execution and beacon nodes, and run validator nodes to connect with the hosted nodes.

Huawei also made available a complete guide to users who want to use its staking services, as well as a complete guide for developers and builders on both the Ethereum (ETH) and Tron (TRX) Networks.

Huawei’s competitor, Hetzner, was distancing itself from crypto

According to a report by the Twitter (X) account Seth For Privacy, one of Huawei’s competitors, Hetzner, expanded their Terms of Services (ToS) in 2022, creating an “adversarial environment”, in Seth’s words, to crypto node operators such as Bitcoin (BTC) and Monero (XMR).

Hetzner also demanded Twitter to delete the original report on its platform, punishing the account that shared the warning with his followers — according to the author.

The recent move by Huawei demonstrates a will for a friendlier approach to cryptocurrencies, blockchain, and Web3 — not only for Web3 industry developers but also for usual investors and users.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Read Next:

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts