Competition For Ethereum? Google Cloud Unveils L1 Blockchain

Ethereum’s position as the default smart-contract settlement layer for tokenized finance is facing a new test after Google Cloud revealed plans for a Layer-1 network—Google Cloud Universal Ledger (...

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Competition For Ethereum? Google Cloud Unveils L1 Blockchain

Source: Bitcoinist.com

Ethereum’s position as the default smart-contract settlement layer for tokenized finance is facing a new test after Google Cloud revealed plans for a Layer-1 network—Google Cloud Universal Ledger (GCUL)—explicitly aimed at financial institutions and programmable with Python. Google Cloud Enters The Arena In a LinkedIn post, Rich Widmann, Google Cloud’s global head of Web3 strategy, […]