News Score: Score the News, Sort the News, Rewrite the Headlines

Google Cloud is developing its own blockchain for payments, currently in private testnet

Quick Take Google Cloud is developing its own blockchain for payments and financial products, currently in private testnet. The firm’s Web3 Head of Strategy said that its upcoming blockchain will be a “credibly neutral” platform for financial institutions. Google Cloud is building its own blockchain network, named Google Cloud Universal Ledger (GCUL), for the financial sector, according to Rich Widmann, Google Cloud's Web3 Head of Strategy, who announced this on Tuesday.Widmann wrote in a Linked...

Read more at theblock.co

© News Score  score the news, sort the news, rewrite the headlines