Google Cloud Teams Up With Web3 Startup
In an effort to make it easier for people to enter the decentralized world, Google Cloud has partnered with Web3 company Orderly Network to provide developer tools for decentralized finance (DeFi) that are user-centric.
In order to address issues with self-custody and transparency, the alliance will strive to establish off-chain DeFi infrastructure components. On the Google Cloud Marketplace, Orderly will be a DeFi infrastructure supplier.
Google Cloud has partnered with JPMorgan due to growing client interest in blockchain workloads on the platform. The fintech revolution is centered around decentralized technologies, with traditional banking systems showing early interest. A 2021 report indicated that 55% of the top 100 banks have some exposure to blockchain technology.
(With inputs from Shikha Singh)
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