Google is joining the list of tech giants to deploy blockchain technology to offer customers fintech and cloud service solutions, according to an official statement Monday, July 23.
Google announced that the company has partnered with two blockchain-focused firms, Digital Asset and BlockApps, to offer new distributed ledger technology (DLT) solutions on Google’s Cloud Platform (GCP), which would allow users to “explore ways [customers] might use distributed ledger technology frameworks.” Digital Asset is a supplier of distributed ledger software for the fintech industry, while BlockApps offers a blockchain platform to launch decentralized apps (DApps).
With the new partnerships, Google joins other high-profile tech companies with blockchain-as-a-service (BaaS) offerings, such as Microsoft, IBM, and Oracle Amazon Web Services (AWS), which introduced its blockchain platform for DApps in April 2018.
On July 8, Google co-founder Sergey Brin revealed that he is Ethereum miner.
Speaking at the Blockchain Summit in Morocco Brin said that mining Ethereum was a “side hustle,” and that cryptocurrencies are “mind-boggling.”
According to a jointly released statement on July 23, 2018, internet search engine giant, Google, is collaborating with Digital Asset, a highly reputed blockchain-based solutions creator, to make distributed ledger technology (DLT) development tools available on the Google Cloud Platform (GCP).
The collaboration of the Internet giant and a company with a strong expertise in distributed ledger technology is expected to become beneficial for both parties. Google Cloud will get an opportunity to increase its market share while fintech company can reach new audiences.
Digital Asset, a provider of distributed ledger solutions, today announced a new collaboration with Google Cloud to bring Digital Asset’s blockchain platform and developer tools to the Google Cloud Platform.
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Larry Page and Sergey Brin's fans will be disappointed as they leave Google. So will Bill Gates and Warren Buffett, but for different reasons.
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Ex-Google CEO: Ethereum Has a Tremendous Potential
Former Google CEO Eric Schmidt recently revealed that he’s a fan of blockchain technology and digital currencies, specifically referencing the likes of Bitcoin (BTC) and Ethereum (ETH).
Ex-Google CEO: Ethereum Has a Tremendous Potential
Google has been among the last major cloud vendors to hold out and not provide a blockchain offering. However, the technology giant has recently partnered with a provider of distributed ledger solutions to enhance the Google Cloud Platform through blockchain technology.
Google co-founder Sergey Brin claimed that the American multinational technology giant failed to put itself at the forefront of what many hail as the next great technological revolution — blockchain technology.