Flare onboards Google Cloud as infrastructure provider

Flare onboards Google Cloud as infrastructure provider

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Flare Network, an Ethereum Virtual Machine (EVM) layer-1 platform for blockchain interoperability, is onboarding Google Cloud as an infrastructure provider. 

This partnership marks a significant milestone for Flare, bringing one of the world’s leading cloud computing providers on board. It also marks the first time Google Cloud is providing infrastructure services to a decentralized oracle system.

A press release on Jan. 22 noted that Google Cloud will play a dual role as an infrastructure provider on Flare. First, it will support the network’s security by validating new blocks on the blockchain. Second, it will contribute to Flare’s native oracle, the Flare Time Series Oracle (FTSO), by providing decentralized price and data feeds.

The FTSO is a crucial part of Flare’s infrastructure, ensuring that dapps can access accurate and reliable data. By onboarding Google Cloud as an FTSO data provider, Flare is further enhancing its data security and reliability.

This partnership is a significant step forward for Flare, strengthening its position as a leading blockchain platform for decentralized finance (defi) and real-world asset tokenization (RWA). 

With Google Cloud’s expertise and resources, Flare is well-positioned to become the go-to platform for building the next generation of dapps.

For Flare users, this partnership means that they can expect even more reliable and secure data feeds on the network. This will enable developers to build more advanced dapps to access a broader range of data sources.

Google Cloud joins other leading Flare infrastructure providers, including Ankr and Sensei Nodes.

Disclosure: This content is provided by a third party. does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Follow Us on Google News

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker