2024

April

Dubai

Forge

BytePlus, the technology division of ByteDance, known globally for its TikTok platform, has officially partnered with Mysten Labs to enrich the Sui blockchain ecosystem. This collaboration leverages BytePlus’s expertise in artificial intelligence (AI) and data analytics, focusing on improving Web3 gaming and SocialFi applications.
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 🚨BREAKING: BytePlus, the enterprise technology arm of ByteDance (the company behind <a href="https://twitter.com/tiktok_us?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">@TikTok_US</a>), is coming to Sui! <a href="https://t.co/GtutYyFI5X" target="_blank" data-wpel-link="external" rel="noopener noreferrer nofollow">pic.twitter.com/GtutYyFI5X</a>— Sui (@SuiNetwork) <a href="https://twitter.com/SuiNetwork/status/1780597336655401004?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">April 17, 2024</a>
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Utilizing ByteHouse for Enhanced Data Capabilities
The initiative integrates ByteHouse, BytePlus’s advanced, cloud-native data warehouse, with Sui’s blockchain data. This integration aims to provide Sui with unmatched scalability and real-time data processing capabilities. Moreover, Mysten Labs anticipates this will substantially enhance data delivery speeds for Sui network users.
BytePlus’s move into the blockchain space reflects a growing trend of technology firms exploring Web3’s potential. This partnership marks a step in BytePlus’s ongoing expansion into new technology arenas, following its previous explorations into virtual banking and blockchain solutions.&nbsp;
As BytePlus and Mysten Labs continue their collaborative efforts, the potential for significant advancements in blockchain functionality and user experience seems promising.
This partnership between BytePlus and Mysten Labs represents a development in blockchain technology, setting a benchmark for future collaborations in the sector. The focus on enhancing the user experience in Web3 gaming and SocialFi projects underscores the potential for broader adoption and technological integration in the near future.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also read: <a href="https://www.cryptotimes.io/2024/04/16/blockchain-for-good-alliance-debuts-at-blockchain-life-dubai/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Blockchain for Good Alliance Debuts at Blockchain Life Dubai</a>
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TikTok’s BytePlus and Mysten Labs Forge Path for Web3 Gaming on Sui

The Crypto Times

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