Google is planning to create cloud solutions based on the blockchain

Home » BLOCKCHAIN » Google is planning to create cloud solutions based on the blockchain
2018-03-23
Google is planning to create cloud solutions based on the blockchain

Google is working on creating cloud solutions based on the blockchain. Alphabet Inc. develops its own blockchain system, which allows third parties to implement and verify transactions. The timing of the launch of a new solution is not announced.

It is also known that the company intends to create cloud services that are designed to help the Internet giant strengthen its competitive advantages in the market. To achieve this goal, Google actively invests and acquires companies, many of which have significant experience with distributed ledger technology.

According to CB Insights, GV’s venture company previously invested in Bitcoin-Wallet Blockchain, Ripple, LedgerX bitcoin-option platform, Veem payment provider and other start-ups.

At the same time, the company’s representatives are not yet in a hurry to make their plans public, and also to specify the terms for the implementation of the plan.

“We have people in different teams studying the options for using blockchain. However, it is too early to announce any possible applications or plans, “the representatives of the international conglomerate noted.

CRYPTOCURRENCIES
  • bitcoinBitcoin$4,024.66
  • ethereumEthereum$137.99
  • rippleXRP$0.316601
  • tetherTether$1.00
  • eosEOS$3.68
  • stellarStellar$0.110076
  • litecoinLitecoin$59.95
  • cardanoCardano$0.052816
  • tronTRON$0.022726
  • moneroMonero$54.20
  • iotaIOTA$0.296949
  • nemNEM$0.050123
  • dashDash$91.98
  • neoNEO$9.28
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 39
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 40
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 39
Anton Vokrug, the CEO of DataTrading, about the financial markets and cryptocurrencies
The topic of cryptocurrency regulation will be actual for several more years in Ukraine. The Government of Ukraine has already taken steps towards the adoption of relevant cryptocurrency-related laws. In particular, the Ukrainian officials work on the legalization of the project “The Concept of State Policy in the Field of Virtual Assets”. However, what does the regulation really mean […]
2019-02-27 0 139
© 2017–2018