Search Results for: Google Cloud Platform

Google Cloud’s partnership with Polygon, an Ethereum Layer 2 protocol, strengthens the growing trust in blockchain’s role in our digital future. Google’s entry as a validator bolsters security, and implicates its infrastructure employed by high-traffic platforms, as part of web3 collaborations.

Google Play has revised their policy to accommodate developers integrating digital assets, such as non-fungible tokens (NFTs), into their apps and games. This move, prioritizing user-owned content, aims to foster user loyalty through exclusive NFT rewards, while ensuring responsible use of blockchain technology.

Cryptocurrency custody technology provider Fireblocks has expanded its support to cloud service providers including Amazon Web Services, Google Cloud Platform, Alibaba Cloud, Thales, and Securosus, aiming to cater to banks using on-premise and cloud-based IT infrastructures.

Flare’s integration with Google Cloud Marketplace brings nine blockchain APIs, including Bitcoin and Ethereum, to the ecosystem. This collaboration offers developers and users access to highly-integrated blockchain data, facilitating cross-chain applications and easing blockchain experimentation without hardware costs or ongoing maintenance burdens. However, some express concerns regarding potential centralization issues.

Flare’s integration of its API portal on Google Cloud Marketplace promises to bring a wealth of blockchain APIs to developers and users, fostering easier experimentation and wider adoption of blockchain technology. Despite concerns about centralization, this move aims to boost Web3 participation and facilitate cross-chain applications.

Cloud data company Databricks recently raised $500M in funding, reaching a $43B valuation. High-profile investors include Nvidia and Capital One Ventures. Databricks’ primary product, the Lakehouse platform, provides developers smoother access to workflow processes and allows clients to construct their AI models.

“Cronos Labs has launched a recruitment phase for its $100M accelerator program, aiming to support early-stage projects that promote the adoption of decentralized applications (DApps). However, this strategy can inadvertently lure scammers using government-owned website URLs to dupe victims and access their crypto wallet holdings.”

“The continual growth of data has increased demand for effective storage solutions. Blockchain technology offers decentralized, secure, and scalable solutions. Experts propose collaboration and leveraging decentralized networks to tackle this issue. Concerns exist in integrating with pre-existing systems, however, strategies including data sharding and Layer-2 solutions may effectively expand storage capacity.”

“Singapore-based blockchain startup Web3Go raised $4 million in seed funding, largely supported by Binance Labs. The firm is preparing to launch its native asset creation platform which addresses the personalized needs of content creators in the digital universe, paving the way for the Web3.0 revolution.”

Improbable’s MSquared, a metaverse creation engine, is gaining interest through its early access and open-sourcing of Metaverse Markup Language. With support from tech giants like Google, Nvidia, and Dolby, MSquared aims to promote development of novel business models and enable unique experiences within a network of metaverses.

Deutsche Telekom partners with Ethereum Layer-2 scaling platform Polygon, joining as one of the 100 validators on its Proof-of-Stake (PoS) network. The collaboration aims to improve the Ethereum ecosystem and strengthen Polygon’s protocol security, governance, and decentralization, attracting attention across multiple industries.

Privacy-focused blockchain startup Auradine raised $81 million in Series A funding led by Celesta Capital and Mayfield, with participation from Stanford University and Marathon Digital Holdings. Auradine aims to develop scalable, sustainable, and secure solutions in the fast-evolving blockchain technology sector.

The Aptos Foundation pledges over $3.5M to 50 project teams dedicated to scaling Aptos blockchain and fostering innovation within the Web3 ecosystem. Grants focus on public good services, infrastructure, and open-source development, covering categories like Developer Tooling, Infrastructure, Education, and Ecosystem initiatives.