Tencent Cloud Europe and Elastos recently announced a partnership to accelerate the Web3 space. Tencent Cloud, a global cloud vendor, is expanding its Web3 operations after working with NFTs and blockchain products in China. Elastos, committed to providing digital sovereignty, is working on improving internet identity verification through decentralized identifiers and verifiable credentials. The partnership aims to utilize cloud software to boost Web3 solutions for everyday internet problems, such as identity verification, and discuss the next steps for global Web3 adoption and upcoming regulations.