Google Cloud builds neutral layer-1 blockchain in biggest threat to Swift yet

Google Cloud has taken its first major step into blockchain infrastructure development with the launch of the Google Cloud Universal Ledger (GCUL), a Layer 1 network designed to support faster paym...

By · · 1 min read
Google Cloud builds neutral layer-1 blockchain in biggest threat to Swift yet

Source: CryptoSlate

Google Cloud has taken its first major step into blockchain infrastructure development with the launch of the Google Cloud Universal Ledger (GCUL), a Layer 1 network designed to support faster payments and settlement across borders. The initiative places Google directly in the path of global financial institutions seeking scalable ways to handle digital money and […]