New $3 Billion Wipeout Altcoins Start The Week Poorly

The search engine giant and one of the biggest corporations nowadays, Google, recently made a move that will let them offer ledger solutions in the cloud platform marketplace. The corporation has joined the list of tech giants to deploy the technology to offer customers fintech and cloud service solutions, as an official statement posted on Monday, July 23th reads.

Google also announced that the company made a partnership with two blockchain-focused firms, Digital Asset and BlockApps, offering a new distributed ledger technology (DLT) solutions on Google’s Cloud Platform (GCP). This would allow users to “explore ways they might use distributed ledger technology frameworks.”

As a supplier of distributed ledger software for the fintech industry, Digital Asset is specialized in the ledger software – while BlockApps offers a blockchain platform that will launch decentralized apps – known as DApps.

As the statement reads, the companies are looking towards “Building a better cloud with our partners at Next ‘18,” ahead of the Google Cloud Next ’18 conference which will take place later this year.

According to the Digital Asset CEO, Blythe Masters, the upcoming solution would “reduce the technical barriers to DLT application development” as a report by Computerworld yesterday noted.

The new partnerships put Google in the list of other high-profile tech giants that focus on blockchain-as-a-service (BaaS) offerings – joining companies like IBM, Microsoft, and Oracle, as well as Amazon Web Services (AWS) which introduced their blockchain platform for DApps in April 2018.

Meanwhile, the co-founder of Google, Sergey Brin, earlier this month revealed that he is mining Ethereum. As he said during the Blockchain Summit in Morocco, Ethereum mining for him was a “side hustle” and cryptocurrencies are “mind-boggling.”