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BlockNews
Home BREAKING NEWS

AMD Partners with Wormhole to Integrate Hardware Accelerators for Blockchain Technology

Matoy by Matoy
February 22, 2024
in BREAKING NEWS, BUSINESS, CRYPTO, TECHNOLOGY
Reading Time: 3 mins read
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  • AMD is partnering with Wormhole to bring its hardware accelerators into the Web3 space, which will help improve speed and scalability for multichain dApps.
  • AMD and Wormhole plan to release mainnet deployments of zero-knowledge light clients in the coming months, enabling trustless transfers between major blockchains.
  • The partnership leverages AMD’s expertise in hardware acceleration to help accelerate decentralized computing and advance blockchain interoperability.

Advanced Micro Devices (AMD) is bringing enterprise-grade hardware accelerators into the Web3 space to support blockchain interoperability. On Feb 21, the interoperability platform Wormhole announced a collaboration with AMD to bring its FPGA hardware accelerators to the Wormhole ecosystem.

The partnership will also have AMD employ its expertise in hardware acceleration and technical support to the ecosystem to help with speed and scalability for multichain applications being built with Wormhole.

ICYMI: AMD teams up with Wormhole to bring enterprise-grade hardware accelerators to Web3

— BlockNews.com (@blocknewsdotcom) February 22, 2024

Integrating Zero-Knowledge Light Clients

Additionally, in the months following, engineers from both AMD and Wormhole plan to release mainnet deployments of various zero-knowledge light clients. This will allow trustless message-passing to be enabled between blockchains including Ethereum, Near, Solana, Aptos, Sui, and Cosmos.

The advancements of zero-knowledge cryptography coupled with enhanced computing power create a combination that supports more secure blockchain transfers and reducing the reliance on third-party entities to establish trust and security.

Accelerating Decentralized Computing

Hamid Salehi, the director of product management for Adaptive and Embedded Computing Group at AMD, said the company is excited to help accelerate decentralized computing in the blockchain industry.

Rehul Maganti, a contributor to the Wormhole ecosystem, is quoted as saying that the AMD partnership will bring the ecosystem one step closer to low-latency trustless multichain messaging. He said the several ZK-enabled corridors they are expected to roll out in the partnership should level-up user experience both in terms of speed and security.

AMD has been widely known for its development of semiconductor chips used to power high-level artificial intelligence (AI) applications. It is in direct competition with market leaders such as Microsoft and Intel.

Many industry insiders in the Web3 industry consider AI and blockchain to emerge as a power duo in the space over the next year as both technologies provide complimentary use cases to another.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: amdBlockchainWormhole
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Matoy

Matoy

If Matoy is not busy looking at the latest Web3 news, he's always in the kitchen cooking delicious meals for his family. He's also a competitive fighting game player and a car enthusiast

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