🚀 Tencent Cloud and Elastos join forces to drive Web3 adoption and improve online identity verification. On Cointelegraph's Hashing It Out podcast, Tencent Cloud's Howie Jiang and Elastos' Fakhul Miah discuss how cloud technology can benefit the crypto and Web3 space.

🌐 Tencent Cloud, a major cloud service provider, is betting big on Web3 with operations in 27 regions and multiple related projects.

🔐 Elastos is working on the "next phase of the internet" and seeks to improve aspects such as identity verification through decentralized identifiers and verifiable credentials.

🤝 The collaboration between Tencent and Elastos uses cloud software to power Web3 solutions on everyday internet problems, such as identity verification.

🌍 The episode also addresses next steps for global Web3 adoption and how regulations will impact the industry in the coming months.

🎧 Listen to the latest episode of Hashing It Out on Spotify, Apple Podcasts, Google Podcasts or TuneIn. Comment your thoughts on Web3 and cryptocurrency adoption in the comments section!