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
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Man Convicted of Fraud After Booking Over 120 Free Flights Posing as Flight Attendant
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Hungarian Parliament Approves Citizenship Suspension Law
Prime Minister Orbán Criticizes EU's Ukraine Accession Plans
Hungarian Delicacies Introduced to Japanese Market
Hungary's Industrial Output Rises Amid Battery Sector Slump
President Sulyok Celebrates 15 Years of Hungarian Unity Efforts
Hungary's Szeleczki Shines at World Judo Championships
Visegrád Construction Trends Diverge as Hungary Lags
Hungary Hosts National Quantum Technology Workshop
Hungarian Animation Featured at Annecy Festival
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
UK and EU Reach New Economic Agreement
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Austrian School Shooting Leaves Nine Dead in Graz
Bezos's Lavish Venice Wedding Sparks Local Protests
Europe Prepares for Historic Lunar Rover Landing
Italian Parents Seek Therapy Amid Lengthy School Holidays
British Fishing Vessel Seized by France Fined €30,000
Dutch Government Collapses Amid Migration Policy Dispute
UK Commits to 3.5% GDP Defence Spending Under NATO Pressure
Germany Moves to Expedite Migrant Deportations
US Urges UK to Raise Defence Spending to 5% of GDP
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Low Turnout Jeopardizes Italy's Citizenship Reform Referendum
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
EU Lawmaker Calls for Broader Exemptions in Supply Chain Legislation
France's Defense Spending Plans Threatened by High National Debt
European Small-Cap Stocks Outperform U.S. Rivals Amid Growth Revival
Switzerland Proposes $26 Billion Capital Increase for UBS
×