Flare Network, an Ethereum Virtual Machine (EVM) layer-1 platform for blockchain interoperability, is onboarding Google Cloud as an infrastructure provider. ---
Flare onboards Google Cloud as infrastructure provider ***
Wollito Admin
Wednesday 24th of January 2024 02:30:00 PM 3 min readTags :
Crypto INVESTOR TOKENS EXCHANGE Banking Security Blockchain Ethereum Bitcoin MARKETS Crypto Market AnalysisThis partnership marks a significant milestone for Flare, bringing one of the world’s leading cloud computing providers on board. It also marks the first time Google Cloud is providing infrastructure services to a decentralized oracle system.
A press release on Jan. 22 noted that Google Cloud will play a dual role as an infrastructure provider on Flare. First, it will support the network’s security by validating new blocks on the blockchain. Second, it will contribute to Flare’s native oracle, the Flare Time Series Oracle (FTSO), by providing decentralized price and data feeds.
The FTSO is a crucial part of Flare’s infrastructure, ensuring that dapps can access accurate and reliable data. By onboarding Google Cloud as an FTSO data provider, Flare is further enhancing its data security and reliability.
This partnership is a significant step forward for Flare, strengthening its position as a leading blockchain platform for decentralized finance (defi) and real-world asset tokenization (RWA).
With Google Cloud’s expertise and resources, Flare is well-positioned to become the go-to platform for building the next generation of dapps.
For Flare users, this partnership means that they can expect even more reliable and secure data feeds on the network. This will enable developers to build more advanced dapps to access a broader range of data sources.
Google Cloud joins other leading Flare infrastructure providers, including Ankr and Sensei Nodes.
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