According to a jointly released statement on July 23, 2018, internet search engine giant, Google, is collaborating with Digital Asset, a highly reputed blockchain-based solutions creator, to make distributed ledger technology (DLT) development tools available on the Google Cloud Platform (GCP). This will enable coders to develop, test, and implement DLT solutions seamlessly on the GCP.
The Blockchain on Google Cloud
It’s no news that blockchain technology is the rave of the moment and is changing the face of industries across the globe. In a bid to catch up with the latest trend and remain relevant in the ever-evolving world, Google has formed a strategic partnership with Digital Asset, a New York-based provider of highly functional blockchain solutions.
With this latest move, developers on the Google Cloud Platform (GCP) will now have access to the necessary tools and services needed “to build, test and deploy distributed ledger applications on-demand and without having to configure the underlying platform.” Additionally, developers on the GCP will now have access to the Software Development Kit (SDK) for Digital Asset Modeling Language (DAML) for smart contracts.
Per the joint statement, coders will also be able to combine the DAML SDK with Digital Asset’s Platform-as-a-Service (PaaS), to create and implement “sophisticated distributed applications” (DApps). According to the CEO of Digital Asset, Blythe Masters, bringing their distributed ledger platform and DAML to the GCP will make it much easier for developers to create DLT applications.
Created on April 7, 2008, the GCP is a suite of cloud computing services deployed on the Google network. The platform allows paid users to have access to cloud computing services, data storage, machine learning, data analytics and now, blockchain-based solutions development. Regarding DLT, Head of Financial Services Platform at Google Cloud, Leonard Law, stated, “DLT has great potential to benefit customers not just in the financial services, but across many industries, and we’re excited to bring these developer tools to Google Cloud.”
Good for DLT
Google’s decision to join the likes of database giants Oracle, IBM, and several other big whales that have integrated DLT into their operations is a positive move for the continued growth of the company and for the entire DLT ecosystem. However, it remains to be seen whether the firm will change its somewhat draconian stance towards cryptocurrencies. It’s worth noting that Google has yet to lift the blanket ban it placed on bitcoin and other digital currency-related ads since June 2018.