Finst

Cardano collaborates with Huawei

Cardano is entering into a strategic partnership with Huawei, the major smartphone manufacturer and technology group.

By Luc Vesters
• 2 min read
Cardano collaborates with Huawei

Cardano is entering into a strategic partnership with Huawei, the major smartphone manufacturer and technology group. In particular, it involves View post on X, a project on the blockchain. Huawei will make its cloud infrastructure available, for example, for node operation.

View post on X

The partnership marks the "cornerstone of a larger collaboration," according to the announcement on Twitter. It covers "adoption by nodes," "events" and "technical collaborations." The ADA community reacted enthusiastically to the news. Emurgo is a Web3 service from Cardano designed to promote global adoption.

The ADA share price has not moved much yet. It is trading at about 60 cents at a market capitalization of US$20 billion. That makes it the 10th most valuable cryptocurrency in the world.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.