Google Cloud Partners with Zilliqa to Enhance Blockchain Network
Google Cloud has entered into a multi-year strategic alliance with Zilliqa to expand its support for blockchain networks. As part of this partnership, Google Cloud will become a staked seed node operator (SSN) on the Zilliqa network. This means that Google Cloud will provide node infrastructure and help validate transactions on the blockchain. In return, Zilliqa will leverage Google Cloud’s infrastructure to improve resilience and data availability. For example, Zilliqa plans to use Google Cloud’s serverless data warehouse, BigQuery, to make its blockchain datasets accessible for public inspection and analysis.
Benefits of the Alliance
The alliance between Google Cloud and Zilliqa will allow users to access and query transaction data from the Zilliqa mainnet, monitor gas fees, and identify popular tokens and dApps. The terms of the partnership have not been disclosed, but Zilliqa Group CEO Matt Dyer sees it as a strategic alignment to further their ventures and revenue-generating organizations.
Zilliqa Token Price Surges
Following the announcement, Zilliqa’s native token ZIL experienced a 5% jump, reaching $0.016. However, its price has since corrected to $0.01589. This partnership comes shortly after Google Cloud became the official verification system for LayerZero’s omnichain interoperability protocol, demonstrating Google’s increasing involvement in the blockchain industry.
Hot Take: Google Cloud Expands Blockchain Support with Zilliqa Partnership
Google Cloud’s partnership with Zilliqa demonstrates the company’s commitment to expanding its presence in the blockchain space. By becoming a staked seed node operator on the Zilliqa network, Google Cloud will enhance the blockchain’s resilience and data availability. This collaboration also highlights the growing interest in blockchain technology and the potential for cloud providers like Google Cloud to play a significant role in its development. Furthermore, Zilliqa’s token price surge indicates the market’s positive reaction to the partnership, reflecting increased confidence in the project’s future prospects.
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