MultiversX showcases xPortal features, announces developments
The xDay 2023 conference organized by technology leader MultiversX in Bucharest unveiled new xPortal features. Described as a super app, xPortal is the only secure decentralized digital wallet. It integrates social interaction, a news platform, access to the metaverse, NFTs and gamification, creating a multifaceted digital journey for its users.
Moreover, MultiversX, formerly known as Elrond, has shown a set of technical improvements aimed at maximizing the potential of its blockchain.
The new protocol improvements are tailored to improve the throughput of the MultiversX network, pushing it to achieve over 100,000 TPS and over 1 inch of latency.
Multiverse X CEO Vision: Connecting Today to Tomorrow.
The conference opened with Benjamin Minku, CEO of Multiverse X, highlighting the role of technology in shaping our future. It encouraged building solutions to current challenges to showcase the effects of technology such as electricity and the Internet.
Minku highlighted the shift from being consumers to creators courtesy of technological advances.
He spoke about the importance of embracing upcoming technologies. Highlighting spatial computing, AI and blockchain, Minku shared his vision of a future where digital assistants are commonplace.
He urged the audience to participate in the development of society by using these technologies.
Following the keynote, MultiversX shared its roadmap for scaling up its blockchain capabilities. The new features include an on-chain 2FA strategy and a user-friendly transaction model. These improvements are designed to bring a more traditional web experience to blockchain, making it more accessible.
Sergio Biris, head of product for Multiverse X, detailed xPortal's features in more detail. It has unveiled tools to manage finances, debit cards and a native in-app crypto purchase solution.
In addition, peer-to-peer fiat payments and European IBANs, SEPA and SWIFT have been announced as early as 2024. Beeris also introduced xGenie, an AI-powered assistant, to ensure a user-friendly xPortal experience, demonstrating MultiversX's commitment. Combining technology with everyday life.
Beeris added:
The features launched today, especially debit cards, have been a long time in the making. Thus, we have created a bridge to an interconnected future where the lines between crypto, fiat and emerging technologies such as AI will dissolve, leading to an unparalleled user experience.
Runtime Proofing Reveals PI Squared: Maximizing Blockchain Security and Versatility
On the third day of the xday conference, Illinois-based Runtime Proof presented PI Squared, a universal ZK Rollup rooted in the MultiversX blockchain.
This invention is designed to transform the proof of mathematical claims into the proof of mathematical proof, which is a universal proof solver.
With the exponential growth of blockchain coupled with an increase in security breaches, PI Squared has emerged as a symbol of improved security standards.
By providing a programming language or VM-agnostic platform, it facilitates developers, users, and enterprises to effortlessly, trustlessly, and programmatically validate authentications.
This effort not only highlights the MultiversX blockchain security tool, but also makes it an attractive prospect for startups and companies looking for a secure platform for high-value deployments.
Through PI Squared, MultiversX and Runtime Proof are striving to develop a safer and more reliable blockchain ecosystem.
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