Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Google Partners With Dapper Labs To Help to Grow FLOW Blockchain

Google Partners With Dapper Labs To Help to Grow FLOW Blockchain

Google has teamed up with Dapper Labs in a multi-year partnership deal. Dapper Labs will utilize Google Cloud to help support and scale the FLOW blockchain, which hosts many of the company’s leading creations.

Google isn’t known for being a primary leader in the next generation of Web 3.0, but perhaps news this week could spur change on that front. The tech giant announced a partnership with Top Shot and Flow blockchain creator Dapper Labs.

The deal will focus on supporting and scaling Dapper Lab’s in-house FLOW blockchain using Google Cloud’s network infrastructure. FLOW is already home to established NFT projects such as NBA Top Shot, which has recorded over $680 million in trading volume since it launched last October.

Google & Flow

The partnership secures Google Cloud as a member of the Flow network that “will supercharge connectivity to consumers and app developers worldwide.” The multi-year deal, first reported in depth through a Forbes press release, establishes Google Cloud as a network operator that will provide the infrastructure necessary for Flow to scale up. Dapper Labs has established itself as a strong player across the NFT market, and the Flow blockchain is already powering Dapper products like Top Shot and CryptoKitties. The deal comes during the midst of an NFT boom, after a smashing month of August and more of a moderate September for the broader NFT market.

Dapper CEO Roham Gharegozlou confirmed and cited the partnership with Google in a tweet that covered some major milestones for the Flow blockchain since going on mainnet less than a year ago: over 2MM unique wallets, with less than half from Top Shot, nearly 250 mainnet contracts, and over 18MM blocks and nearly 50MM transactions on the chain.

Gharegozlou also stated that Flow is “now with 3000+ new devs building, Google jumps onboard to help scale.” With this new deal in place, those Flow devs will be able to access nodes at a lower latency.

How will this impact the Cloud Market?

One interesting point of note from the team at Forbes’ is the impact that Flow and other blockchain services will have on Amazon Web Services (AWS). Node operators across the Flow blockchain are free to use any hardware that suits their needs. However, this week’s announcement will make it easier for devs to integrate with Google Cloud’s software.

In a statement to Forbes, Gharegozlou described today’s blockchain evolution as “the iPhone moment where consumers are starting to understand what’s going on.” Both Microsoft and Amazon have begun blockchain initiatives in recent years. This has allowed the major tech players to continue to have a strong hold on cloud reliance with crypto nodes. A 2019 Chainstack report showed that over 60% of Ethereum nodes were running on cloud services. This, in turn, results in a steady reliance on major cloud services providers – a market generally controlled by Google, AWS, and Microsoft services.

While Google is now enthusiastic about offering its services to support cryptocurrencies, it is somewhat late to the party. Microsoft was the first big company to start offering its cloud infrastructure to blockchains in 2015, with Amazon also launching a similar service in 2019. However, in February, Google confirmed it was using its cloud service to run a node for the enterprise-grade distributed ledger Hedera Hashgraph, along with joining the project’s council, marking a big step for the company’s involvement in crypto technology.

Despite the late start, Google has not shied away from offering its products in the crypto space. Earlier this year, the company announced the integration of its BigQuery data analytics platform with Polygon, providing useful metrics for analysis such as the most active and popular tokens, contracts, and apps on the network. Since then, Google has also integrated with Chainlink, allowing data from outside sources to be used in applications built directly on the blockchain.

Following the success of NBA Top Shot, Dapper Labs is looking to expand its sport-based NFT collectibles with the help of Google’s cloud services. The company is currently building a similar NFT platform to NBA Top Shot for the Ultimate Fighting Championship, offering mixed martial arts fans limited collectibles through FLOW.

Source: Google Partners With Dapper Labs To Help to Grow FLOW Blockchain – Fintechs.fi

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
French National Assembly Overrides Senate to Pass Historic Assisted-Dying Legislation
Spanish Prime Minister's Wife Ordered to Stand Trial as Corruption Probes Encircle Governing Party
Zelensky Faces Kyiv Protests Over Ousting of Dynamic Ukrainian Defense Minister
Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Spain and UK Dismantle Gibraltar Border Following Landmark Schengen Integration Treaty
Hungary's "Puppet" President to Be Ousted, Orbán Fumes: "Democracy Is Dead"
Forget Tinder: The Surprising Platform Where People Find Love
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
×