Google Cryptocurrency Blockchain Tech

Google Partnership with Two Blockchain Startups: Announcement

Just before the Google Cloud Next ’18 conference, the tech giant declared that it has entered the crypto-verse. On 23rd July 2018, it announced that is has teamed up with BlockApps and Digital Asset. The move has the purpose of delivering DLT – Distributed Ledger Technology to its cloud platform.

The real presentation of the plan will be done during the conference, which is why it was declared very briefly. On the event that will take place for three days (24-26 July), the surprising session will be called “Distributed Ledger Technology Partnerships on Google Cloud”.

Both blockchain-partnering firms just did their post release, in case the reader wants more information.

“We’re partnering with Google Cloud to provide developers with a full stack solution so they
can unleash the potential for web-paced innovation in blockchain,” said Blythe Masters, CEO of
Digital Asset. “This will reduce the technical barriers to DLT application development by
delivering our advanced distributed ledger platform and modelling language to Google Cloud.”

Accordingly, the Head of Financial Services Platform at Google Clouds – Leonard Law added:

“We are delighted to innovate with Digital Asset in the distributed ledger space. DLT has great potential to benefit customers not just in the financial services industry, but across many industries, and we’re excited to bring these developer tools to Google Cloud.”

Also, Google has stepped in for the private beta of Digital Asset’s developing program. This way it has been granted access to the SDK [Software Development Kit]. The SDK is required to grasp the smart contract language called DAML or Digital Asset Modeling Language.

It “simplifies the task of writing smart contracts by treating agreements and the parties to them as native constructs and hiding ledger details from the developer, and contains guardrails to protect against delivering contracts that can produce unpredictable results.”

Similarly, BlockApps released their blog-post to let the public know of the partnership. In the post it is highlighted out that the firm is delivering to GCP the so-called BlockApps STRATO:

“BlockApps STRATO is the first Blockchain-as-a-Service platform, enabling the creation of blockchain solutions for all industry verticals. BlockApps launched the category of Blockchain-as-a-Service over two years ago and continues to set the standards for enterprise blockchains… Based on the Ethereum protocol, BlockApps STRATO provides enterprise grade API integration capabilities, configurable consensus algorithms, and the capability to query and report on blockchain data using a traditional SQL database… Application developers will find STRATO familiar, easy to use, and easy to integrate with existing enterprise systems. This enables enterprise teams to quickly begin building blockchain applications.”

This comes right in time when the crypto-verse needs a strong push forward. And of course for Google to take blockchain serious and go toe-to-toe with its competitors in the IT department.