Zilliqa and Google Cloud unveil game-changing partnership: What you need to know

TL;DR Breakdown

  • Zilliqa Group has formed a strategic partnership with Google Cloud to enhance the Zilliqa Layer 1 blockchain protocol, focusing on scalability, resilience, and data availability.
  • Google Cloud will act as a staked seed node (SSN) operator on the Zilliqa network, providing infrastructure hosting services and validating transactions, thereby contributing to the network’s decentralization and security.
  • The collaboration aims to advance Web3 technologies by leveraging Google Cloud’s robust platform and Zilliqa’s pioneering sharding mechanism, potentially setting the stage for broader adoption and future partnerships in the blockchain ecosystem.

Description

Zilliqa Group has entered into a multi-year strategic partnership with Google Cloud to enhance the Zilliqa Layer 1 blockchain protocol. This collaboration aims to bolster the scalability, resilience, and data availability of the blockchain, thereby benefiting ventures within the Zilliqa ecosystem and the broader Web3 landscape. Google Cloud will serve as a staked seed node … Read more

Zilliqa Group has entered into a multi-year strategic partnership with Google Cloud to enhance the Zilliqa Layer 1 blockchain protocol. This collaboration aims to bolster the scalability, resilience, and data availability of the blockchain, thereby benefiting ventures within the Zilliqa ecosystem and the broader Web3 landscape.

Google Cloud will serve as a staked seed node (SSN) operator on the Zilliqa network, joining 28 existing SSN operators. This role will enable Google Cloud to provide node infrastructure hosting services and validate transactions across the network.

“Google Cloud’s expertise in infrastructure, combined with their role as a staked seed node partner, underscores our commitment to excellence, both within the Zilliqa Group of companies and across the wider ecosystem. Together, we’re setting the stage for a new wave of innovation and growth in the Web3 space.”

Matt Dyer, CEO of Zilliqa Group

Enhancing network capabilities and data transparency

Zilliqa has been a pioneer in blockchain innovation since its inception in 2017. It was the first public blockchain to implement sharding—a mechanism that increases transaction processing capability by dividing the network into smaller groups of nodes.

The partnership with Google Cloud will leverage Google Kubernetes Engine (GKE) to offer best-in-class load balancing, autoscaling, and continuous integration and delivery capabilities. This will enable Zilliqa to keep its nodes operational around the clock and offer developers unprecedented scalability for Web3 projects in gaming, decentralized finance (DeFi), and loyalty programs.

Additionally, Zilliqa will utilize Google Cloud’s BigQuery, a serverless data warehouse, to make its blockchain datasets publicly available. This move aims to eliminate technical roadblocks associated with blockchain analytics and enhance data transparency. It will enable anyone to easily access and query transaction data from the Zilliqa mainnet, offering valuable insights into gas fees, token activity, and decentralized application (dApp) usage.

James Tromans, Head of Web3 at Google Cloud, stated that their engineering work with Zilliqa will focus on improving the scalability and resilience of the base layer to better support novel scaling solutions like sharding.

Early this year, Zilliqa partnered with Rex Regum Qeon (RRQ), a prominent eSports organization based in Indonesia, to create an NFT membership program for fans to boost the Web3 ecosystem.  

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Zilliqa and Google Cloud unveil game-changing partnership: What you need to know

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年9月13日 23:21
Next 2023年9月14日 00:06

Related articles

  • Deutsche Bank partners with Taurus to offer custody services

    TL;DR Breakdown Germany-based financial institution Deutsche Bank has inked a partnership with Taurus to offer crypto custody services. Expanding horizons in the cryptocurrency market. Description Deutsche Bank, a prominent financial institution based in Germany, is gearing up to offer cryptocurrency custody options to its customers through a strategic partnership with the cryptocurrency infrastructure platform, Taurus. This move comes on the heels of Deutsche Bank’s participation in a $65 million series B fundraising round for Taurus in February 2023, marking a … Read more Deutsche Bank, a prominent financial institution based in Germany, is gearing up to offer cryptocurrency custody options to its customers through a strategic partnership with the cryptocurrency infrastructure platform, Taurus. This move comes on the heels of Deutsche Bank’s participation in a $65 million series B fundraising round for Taurus in February 2023, marking a significant step into the world of digital assets. Deutsche Bank participated in a $65 Series B funding for Taurus Taurus, a Switzerland-based company, specializes in providing enterprise-grade infrastructure for various aspects of the cryptocurrency and digital asset space. Their offerings encompass services…

    Article 2023年9月15日
  • PayPal Embraces Ethereum for Its New Stablecoin, PYUSD

    TL;DR Breakdown PayPal has launched PYUSD, an Ethereum-based stablecoin, positioning itself alongside significant players like Tether and Circle in the crypto market. PYUSD is deeply integrated with the PayPal ecosystem, offering unique advantages like connectivity to fiat currency and potential for mainstream adoption in e-commerce. Description In a recent development that has sent ripples through the cryptocurrency community, the global online payments giant has made its foray into the stablecoin market by introducing PYUSD. This Ethereum-based stablecoin, pegged to the United States dollar, positions PayPal alongside other major players in the instantaneous on-chain value transfer domain, such as Tether and Circle, … Read more In a recent development that has sent ripples through the cryptocurrency community, the global online payments giant has made its foray into the stablecoin market by introducing PYUSD. This Ethereum-based stablecoin, pegged to the United States dollar, positions PayPal alongside other major players in the instantaneous on-chain value transfer domain, such as Tether and Circle, known for USDT and USDC, respectively. Contents hide 1 Why Ethereum Was the Natural Choice for PayPal 2 PYUSD: A Testament…

    Article 2023年8月12日
  • What is the Blockchain Association and its achievement in the sector so far? 

    TL;DR Breakdown The Blockchain Association, made up of 114 crypto behemoths, comes together to protect and promote the crypto industry in the United States. Some crypto enthusiasts argue that the Blockchain association has failed, considering the stagnant state of crypto regulation in the United States. The Blockchain Association also played a huge role in the cases of its member companies, such as Grayscale, Coinbase, and Ripple, against the SEC. Description The Blockchain Association marks its fifth anniversary this month. The trade association comprises 114 big companies, such as Kraken, Pantera, and Coinfund. According to a press release today, the association’s mission is to promote the potential of blockchain technology, advance cryptos’ future in the United States, and shape policy that ensures the same. Crypto enthusiasts … Read more The Blockchain Association marks its fifth anniversary this month. The trade association comprises 114 big companies, such as Kraken, Pantera, and Coinfund. According to a press release today, the association’s mission is to promote the potential of blockchain technology, advance cryptos’ future in the United States, and shape policy that ensures the…

    Article 2023年9月15日
  • Crypto crimes plummet amid a rise in digital asset prices

    TL;DR Breakdown Chainalysis has reported a massive decline in crypto crimes despite a strong rise in the price of digital assets. Ransomware is still on the rise despite a drop in other crimes in the space. Description In a positive turn of events for the crypto space, crypto crime has seen a substantial decline this year, alongside the surge in digital asset prices. Blockchain data firm Chainalysis reported a remarkable 65% drop in crypto-related crime compared to 2022. The findings were based on the analysis of digital asset inflows to illicit entities, … Read more In a positive turn of events for the crypto space, crypto crime has seen a substantial decline this year, alongside the surge in digital asset prices. Blockchain data firm Chainalysis reported a remarkable 65% drop in crypto-related crime compared to 2022. The findings were based on the analysis of digital asset inflows to illicit entities, which the firm categorizes as addresses associated with darknet markets or ransomware attackers. Chainalysis reports a decrease of 65% in crypto crimes According to Chainalysis, inflows to “risky entities,” including…

    Article 2023年7月14日
  • Japan’s Largest Banks Collaborate to Introduce Stablecoins to Cosmos

    TL;DR Breakdown Partnership: TOKI, Noble, and Progmat, along with major Japanese banks, are collaborating to introduce fully collateralized Japanese stablecoins to the Cosmos ecosystem. Cosmos Integration: The stablecoins will initially be available on the Cosmos Inter-Blockchain Communication (IBC) protocol. Description Japan, known for its technological advancements and progressive regulatory environment, is making significant strides in the cryptocurrency landscape. In a groundbreaking partnership, the country’s largest banks have joined forces to bring stablecoins to the Cosmos ecosystem. This collaboration involves TOKI, a prominent cross-chain bridge provider and partner of Progmat, and Noble, a token issuance protocol. … Read more Japan, known for its technological advancements and progressive regulatory environment, is making significant strides in the cryptocurrency landscape. In a groundbreaking partnership, the country’s largest banks have joined forces to bring stablecoins to the Cosmos ecosystem. This collaboration involves TOKI, a prominent cross-chain bridge provider and partner of Progmat, and Noble, a token issuance protocol. Together, they aim to introduce fully collateralized Japanese stablecoins to the Cosmos network, offering a secure and regulated means of digital asset transactions. Contents hide 1 The…

    Article 2023年7月8日
TOP