Google to Develop Own Blockchain Solution

Company insiders say cloud is natural home for the technology; no comments available from th spokesman
22 March 2018   480

Google is developing its own solution based on distributed ledgr technology, which can be used in the company's cloud services and help it stand out against competitors. This is reported by Bloomberg.

Google can use the blockchain to ensure the security of data storage of its customers.

In addition, Google is developing its own distributed registry, which third-party companies will be able to use to send and verify transactions The launch date for blockchain-based products isn't available.

Several people working in the cloud services division of Google have concentrated their efforts on the blockchain protocols in recent months, another source said, asking not to be named, since the company is not yet ready to make an official announcement. The Google spokesman declined to comment on the situation.

SoftBank & Baidu to Invest in Atlas Protocol

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance
21 August 2018   130

The Atlas Protocol marketing module (ATP) has completed a round of attracting initial funding, led by SoftBank China Venture Capital (SBCVC), having collected several million dollars during it.

In a multimillion-dollar round, the exact amount of which was not disclosed, Baidu Ventures (BV), Danhua Capital and Fenbushi Digital also took part.

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The "first developer" of Google Adwords, Jeremy Zhao and Columbia University Professor Ronggui Gu will serve as project advisors on technical issues.

Atlas Protocol plans to create a blockchain ecosystem and "to form a new paradigm of interactive marketing." According to the press release, ATP allows you to rank "calculated values ​​on the block and transfer value using tokens" using the ATP Smartdrop service application.

xGoogler Blockchain Alliance was formed in April this year as a community of former Google employees interested in blockchain technology. Its founders were the developers of projects Nebulas, Loopring and Gifto.