Google Finally Ventures into Blockchain Space, Partners With Blockchain Startups

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partnering with two blockchain startups, Digital Asset and BlockApp, to bring Distributed Ledger Technology (DLT) solutions to its Google Cloud Platform (GCP).

“We are delighted to innovate with Digital Asset in the distributed ledger space. DLT has great potential to benefit customers not just in the financial services industry, but across many industries, and we’re excited to bring these developer tools to Google Cloud.”

The company also announced in June that it had invested US$550 million into JD.com as part of a strategic partnership with an aim of exploring the “creation of next generation retail infrastructure solutions.”

Of course, the list of Google’s blockchain intentions doesn’t stop there. In fact, Google has invested more than US$1.2 billion in the blockchain industry since 2012, making it one of the biggest supporters of blockchain over the last six years.

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