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2021-04-03


Google Cloud: The ideal platform for DLT companies

google-cloud-ideal-platform-for-dlt-companies

During 2020, Google Cloud announced its entry into the EOS Community as a Block Producer. Recently the Google team published an article in which they outline why Google Cloud is uniquely positioned to be an excellent partner for Block.One and other distributed ledger technology (DLT) companies.

  1. Businesses in all industries are moving online, by 2025 software companies are expected to account for 30% of economic activity.
  2. This increase in digital transformation requires new technology infrastructures that provide trust and coordination.
  3. The EOSIO software developed by Block.One, at the basis of the EOS mainnet, is ideal for developing networked applications.
  4. Google Cloud is uniquely qualified to help Block.one and other companies develop and operate their DLT networks

With this article, Google Cloud is definitely trying to attract new companies within the blockchain industry, and specifically leveraging the EOSIO technology. Through their expertise and infrastructure, they can handle very big business, and this is definitely a positive driver for the EOS ecosystem.


How does Google Cloud help these companies?

Confidential Computing Confidential Computing is an emerging technology that encrypts data in-use while it is being processed, thus it ensures that data will remain private and encrypted while it is indexed, queried, or trained on. Google Cloud currently offers Confidential Computing in nine regions.

AI and data analytics Google Cloud offers smart analytics services, leveraging Artificial Intelligence and machine learning models. Indeed, DLT are open networks that can be publicly indexed by anyone. In this way, data analytics could be a competitive advantage for all companies working in this space.

Network performance and security Google Cloud’s low-latency premium network tier allows peers to synchronize more quickly, enabling the higher transaction throughputs.


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