Blockchain software company Block.one has welcomed global cloud and infrastructure provider Google Cloud to the EOS community, as the latter has taken the step to become an EOS network block producer candidate.
Google Cloud’s stability, reliability, and security seem a great fit for public blockchain networks such as EOS. Launched in 2018, the EOS network aims to improve transaction speed and support a variety of smart contracts.
— block.one (@block_one_) October 6, 2020
Once chosen by the existing EOS token holders, Google will have a spot in the network’s governance. It can then influence future developments.
Block producers are a core component of the EOS network; attracting a block producer candidate of Google Cloud’s caliber marks a milestone for the network.
With this collaboration, Google Cloud said that it is ready to welcome and enable developers to build on its platform. More so, this can be done through the open-source EOS network.
“Google Cloud wants to help organizations achieve success with distributed ledger technology,” the team stated on its website. In response to this, Block.one CEO Brendan Blumer pointed out that “EOS is a powerful solution for anyone looking to leverage the decentralized ecosystem with ease.”
Following the announcement of this partnership, the network’s native token EOS has shown significant gains in its price. At the time of writing, EOS is changing hands at $2.67, with 6% gains for the last 24 hours.
In terms of driving blockchain adoption through the cloud, Indian multinational tech giant Tech Mahindra also teamed up with Amazon Web Services (AWS) to build solutions for aviation, telecom, and healthcare.
Moreover, claiming to be a cross-cloud, cross-portal, and cross-framework global public infrastructure network, China’s Blockchain Service Network (BSN) seeks to deploy and operate all types of decentralized applications (DApps) and launch stablecoins by next year.