Announced: Google Collaborates With This Altcoin! - Coinleaks
Current Date:September 15, 2024

Announced: Google Collaborates With This Altcoin!

An EVM-based altcoin project has announced its integration with Google. Google Cloud Marketplace will support 9 different Blockchain APIs through integration.

This altcoin integrates Blockchain API into Google Cloud Marketplace

Tier-1 EVM Blockchain platform Flare has integrated its application programming interface (API) portal into Google Cloud Marketplace. Thus, it incorporates a number of important Blockchain APIs into its ecosystem.

The integration of Google Cloud Marketplace will provide high integrity Blockchain data from Flare node operators and connected chains. In this context, developers will be able to use the Marketplace to easily access node operators via the following Blockchains.

  • Algorand
  • BNB Smart Chain
  • bitcoin
  • dogecoin
  • Ethereum
  • flare
  • Litecoin
  • songbird
  • XRP Ledger

Blockchain APIs allow developers to interact with blockchains without having to run nodes. This data powers applications that query the latest status of a Blockchain by invoking data on the network.

Flare emphasizes that Blockchain APIs are valuable for building cross-chain applications that query a variety of data sources, including major cryptocurrency exchanges and wallets using the API portal.

APIs play an active role in Web3 engagement

Josh Edwards, vice president of engineering at Flare, emphasizes that the provision of Blockchain APIs to platforms such as Google Cloud Marketplace will play a role in increasing Web3 participation:

It makes it easy for developers to experiment with blockchain technology and its many use cases without heavy hardware costs and ongoing maintenance overhead.

Edwards also said that larger organizations and partners using the Google Cloud Marketplace could potentially use secure and validated Web3 APIs. Flare aims to expand the utility of Blockchain technology by providing data from Web2 sources. The altcoin network currently provides access to more than 100 Blockchains via oracle contracts.

Polygon is another big player favored by Google

Flare integration, cryptocoin.comIt came shortly after the partnership of Polygon Labs and Google Cloud.

The agreement sees Google Cloud’s framework and developer tools provided to Polygon’s core protocols, aimed at promoting the development of Web3 products and decentralized applications at Polygon.

Meanwhile, Google Cloud’s partnership with the ecosystem is expected to advance Polygon’s zero-knowledge (ZK) development process. Testing the zero-knowledge proofs of Polygon zkEVM on Google Cloud reportedly resulted in faster and cheaper transactions compared to existing existing infrastructure.

What is Polygon zkEVM?

zkEVM is a virtual machine using Zero Knowledge Execution Layer (ZKEL) technology of the Polygon network. ZKEL uses EVM-based smart contracts to protect private information. It also provides developers with privacy-focused smart contracts and the ability to provide data privacy over the Polygon network. This is especially important for financial applications, applications that require authentication and personal data protection.