Copy link
Increase text size
Decrease text size
Link copied

Cypherium brings enterprise-grade blockchain solutions to Google Cloud users

Wed, 14 Aug 2019, 07:31 am UTC

Enterprise blockchain platform Cypherium is collaborating with Google Cloud to offer robust blockchain solutions to Google Cloud customers.

Founded in 2017, Cypherium is a highly scalable and robust smart contract platform. It has a “dual chain structure” which employs a hybrid Proof-of-Work (PoW) and Practical Byzantine Fault Tolerant (PBFT) consensus mechanism capable of processing thousands of transactions per second, while maintaining decentralization.

The startup is now joining the elite group of companies worldwide as an official Google Cloud technology partner. This follows Cypherium’s previous collaborations with Amazon Web Services and IBM Cloud.

As part of its collaboration with Google Cloud, Cypherium will provide cloud users with speed, high throughput, confidentiality and the cross-chain capabilities of its platform, which are needed to scale to the demands of real-world business needs.

We’re delighted to be collaborating with Google Cloud to provide enterprises with a full-stack solution to harness the potential of this paradigm-shifting technology,” Sky Guo, Co-Founder and CEO said. “Cloud customers can rest assured that the blockchain solutions they implement using Cypherium Enterprise are clad in robust security, and capable of delivering rapid transaction speeds for its smart contracts and achieving fast data processing from its Java virtual machine.”

In its press release, Cypherium said that it is capable of processing thousands of transactions per second and delivering significant business benefits, including cheaper, more lightweight deployment, enhanced security, improved traceability, increased efficiency and speed of transactions, as well as reduced costs. The platform enables enterprises to have access to a distributed ledger technology that can scale, while delivering the numerous privacy and security benefits of blockchain technology.

“Google Cloud and Cypherium are bound by a perpetual need to innovate,” added Guo. “The future of commerce and blockchain are inextricably linked and we are well-positioned to leverage Google Cloud's expansive resources and best-in-class infrastructure to accelerate the use of the technology to solve real-world problems faced by businesses today.”

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,898.40 (+1.15%)
  • Ethereum (ETH) $358.44 (+0.13%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $229.45 (+3.19%)
  • Chainlink (LINK) $10.97 (+5.84%)
  • Bitcoin (BTC) $10,898.40 (+1.15%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft