Tech giant Google Cloud is collaborating with Cypherium to gain access to enterprise-centric solutions. The blockchain platform announced the partnership in a recent press release.
According to the press statement, the new partnership will connect Google to Cypherium’s new Enterprise product. As the name implies, this is a blockchain platform focused on enterprise solutions, specifically decentralization and scalability.
The announcement also revealed that the Cypherium Enterprise can manage thousands of transactions in seconds. It also boasts of blockchain interoperability and offers confidentiality.
Sky Guo on the Topic
Sky Guo, the CEO of Cypherium, acknowledged in the press release the company’s joy in being able to partner with Google Cloud to give enterprises a “full-stack solution” that takes advantage of this paradigm-changing technology. He also said the company is driven to succeed by the growing demand for DLT solutions in the finance industry.
The Cypherium website further explains that the company utilizes a Turing-inspired virtual device that is written in Java for running smart contracts. The popularity of the language makes it an ideal choice for the contracts as it helps reduce the barrier to the adoption of blockchain tech.
It was also revealed that Cypherium is in partnership with IBM Cloud and Amazon Web Services (AWS).
DApps and Smart Contracts
Cypherium is just the latest blockchain platform working with Google Cloud. The Mountain View-based company added Qtum to its list of software partners back in May. The blockchain platform works more on decentralized applications (DApps) and smart contracts. Qtum also has a series of developer tools on Google Cloud, as well as tools for forking and staking inside the platform.