Watch: Microsoft CEO Satya Nadella supports Blockchain and Metaverse

Satya Nadella

In the video that can be seen below, Microsoft CEO Satya Nadella discusses his faith in blockchain technology and the metaverse while speaking at the World Economic Forum in Davos, Switzerland.

According to Nadella, this is a piece of technology with a set of use cases that he backs because he thinks it’s a good thing. And that he feels that their adoption will only continue to expand from this point forward, which is why he is quite interested in it.

The business executive can be heard saying that he is urging innovators to continue building use cases that would create a breakthrough moment in the widespread acceptance of the technology.

I believe in all these technologies. And we have to keep pushing to make it more real for more people.

Satya Nadella

Satya Nadella talks about Microsoft’s ambitions

In addition, at the event, Satya Nadella discussed Microsoft’s ambitions to integrate artificial intelligence tools such as ChatGPT into all of the company’s products and to make those capabilities accessible as platforms on which other companies may develop.

Nadella said that his business would move fast to market products from OpenAI, the research group that was responsible for the ChatGPT chatbot as well as the picture generator Dall-E 2, which translates linguistic cues into new graphics. One of the first investors in the company was Microsoft.

In a related development, the cloud computing giant put a stop to the mining of cryptocurrencies using its online services by the end of the year 2022 in order to better safeguard both its clients and its clouds.

Microsoft allegedly said that its most recent crypto mining limits seek to safeguard online services from threats like cyber fraud, assaults, and unauthorized access to client resources.

The company also stated that they made this adjustment to better protect their customers and reduce the danger of interrupting or degrading services in the Microsoft Cloud.

Cloud mining is an example of a decentralized form of computing. It is an alternate way to invest in a cryptocurrency that enables users to mine digital currencies without utilizing mining equipment or gear. Instead, cloud mining relies on a distant data center that has pooled processing capacity.

Jai Hamid

Jai Hamid

Jai Hamid is an enthusiastic writer whose current area of interest is the blockchain sector. Whenever she is not reading or writing, you can find her tending to her plants in the garden. She strongly believes that crypto is going to transform the world for the better.

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