Tag: Google cloud

Google Cloud Partners with ZetaChain to Enhance Cross-Chain Connectivity

Google could is on a collaboration streak right now, after very recent collaboration with BNB, Google cloud has again partnered with another company named ZetaChain with hopes of advancing ZetaChain’s Universal Blockchain initiative, which supports the development of cross-chain decentralized applications (dApps) capable of operating on any blockchain network.

Enabling Universal Blockchain Applications

Universal Blockchain of ZetaChain allows developers to construct “Universal Apps” that can smoothly communicate and interact across several blockchain, which includes Bitcoin and Ethereum. This cross-chain model aims to enhance accessibility by enabling applications to operate without same old traditional and typical restrictions seen in isolated blockchain environment. With the help of this partnership, Google cloud will act as a validator for ZetaChain promising secure transactions and supporting network scalibility.

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Strengthening the Network with Native Token Delegation

ZetaChain also aims to reinforce the ecosystem by delegating 1 million of it’s native tokens to support five validators on Google Cloud’s infrastructure. This delegation will essentially fund validator activities that maintain network security and functionality, making ZetaChain’s Universal Blockchain more robust.

Supporting Developers with Cloud Resources

Developers who are building on ZetaChain will have access to Google Cloud’s wed3 Startups program, benefiting from cloud credits and infrastructure support. Google could will further add ZetaChain’s testnet faucet, allowing developers quick and easy access to test tokens for streamlined development and testing.

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This partnership follows Google Cloud’s recent $10 million investments in BNB chain’s Most Valuable Builder (MVB) accelerator program, which mirrors the companies commitment to foster dApps growth across multiple blockchain networks.

Google Cloud Invests $10M in BNB Chain’s Accelerator Program

Google Cloud will invest $10 million in BNB Chain’s Most Valuable Builder (MVB) accelerator. MVB is a four week long program created to help and support the growth of decentralized applications (dApps) on BNB chain. This news was announced on November 12, the injection aims to advance AI projects and web3 by providing resources and credits to promising startups in the blockchain space.

Empowering dApps Developers on BNB Chain

Google Cloud aims to support up to 40 web3 startup programs over the next two years with the help of this partnership. The MVB, led by BNB Chain along side Binance labs and CMC Labs, enables developers and founders to build and scale decentralized applications on BNB chain, making the ecosystem of decentralized finance, gaming and digital collectibles much more stronger and secure than ever. Projects which get selected can access resources like cloud credits, valued at $200,000 for web3 projects and up to $350,000 for AI focused initiative which is a step in the right direction for the blockchain environment.

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Broadening Blockchain Collaborations

Google Cloud’s partnership with companies like BNB shows it’s growing involvement in blockchain ecosystem as this is not the first or second time it has involved itself on digital market just this year alone. Some other notable collaboration includes MANTRA chain, Flare and SUI. These strategic partnerships enables google cloud to enhance its already built infrastructure across blockchain ecosystem and also expand its reach into decentralized applications, metaverse and Non-Fungible Tokens (NFTs) projects.

Strategic Support for Emerging Startups

This investments aren’t desperate but are perfectly planned which emphasizes Google Cloud’s commitment to fostering innovation in the decentralized tech space. Latest support from Cronos Chain, where Google Cloud now act as validator, highlights its tole in advertising blockchain based projects, providing infrastructure, developer collaboration, and support to strengthen the global blockchain landscape.

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Google Cloud Joins MANTRA Chain as Validator

An overview

In collaboration with MANTRA Chain, Google Cloud will now be the layer-1 blockchain network’s main infrastructure supplier and validator. The partnership will use MANTRA’s accelerator program, which is scheduled to begin in early 2025, to promote innovation in tokenized real-world assets (RWA).The program will offer resources like cloud credits and technical support from Google’s web3 and AI teams to developers building within the ecosystem. The OM token saw a 2% increase following the announcement, as staking went live on the MANTRA mainnet.

Boosting MANTRA’s RWA Initiatives

On Oct. 23, MANTRA Chain, an L1 blockchain designed for tokenized real-world assets, announced Google Cloud as its primary validator and infrastructure partner. Known for its crypto partnerships with networks like Flare and Aptos, Google Cloud will now help MANTRA Chain extend its ecosystem’s developer support through initiatives like a testnet faucet on Google’s web3 Portal, providing developers with free MANTRA testnet tokens for application testing.

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RWA Accelerator Program

The MANTRA-Google Cloud collaboration will also roll out an RWA accelerator in Q1 2025, giving select projects cloud credits and access to web3 and AI support from Google. To execute this, MANTRA has partnered with the AI solutions provider BCW Group.

OM Token Sees Boost

Following the Google Cloud announcement, the OM token saw a 2% gain in 24 hours. MANTRA mainnet users can now bridge and stake OM tokens to MANTRA validators, including the new Google Cloud validator, marking an expansion of the platform’s staking capabilities.

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