NCFAs innovation and funding ecosystem

Google partners with Dapper Labs to host Flow blockchain in the Cloud

Ledger Insights | Sep 15, 2021

Google sign - Google partners with Dapper Labs to host Flow blockchain in the CloudGoogle has partnered with Dapper Labs to enable Google Cloud to host Flow  blockchain nodes, Forbes reported. The partnership will help support Flow’s scalability and is an expansion of Google providing hosting for various blockchains.

Dapper, the company behind Flow, used the Ethereum blockchain in 2017 to power its first project, CryptoKitties. However, the NFT game proved so popular that it congested the blockchain network, slowing functionality and increasing transaction costs not just for CryptoKitties but all Ethereum users. Hence, Dapper developed its own blockchain network, Flow, which unsurprisingly, is explicitly designed for non-fungible token (NFT) collectibles and crypto games.

See:  Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable

Flow powers Dapper’s NBA Top Shot, where the marketplace is responsible for over $680 million in transactions, and there are 50 other initiatives that use it. It also has plans to support brands’ individual NFT projects such as the Chicago Bulls and Sacramento Kings’ digital collectibles. It will soon host digital fashion platform Neuno and the leading digital marketplace OpenSea will also support Flow.

Google Cloud is the third leading player in the cloud hosting sector, behind AWS and Microsoft Azure. Both its competitors launched enterprise blockchain offerings. Azure Blockchain, in partnership with ConsenSys and Ethereum, was discontinued last week.

Google’s strategy in the blockchain industry has been to provide hosting for public blockchains. Google is a member of the Hedera Hashgraph governing council, its first public ledger. It was a candidate to run a node for the EOS public blockchain in 2020 and was chosen to validate transactions on Theta Videos public blockchain network. Partnering with Flow has the potential to add many nodes to Google Cloud.

Read:  Non-Fungible Tokens in the media and entertainment industry

“It’s really about helping them with rapid and sustainable growth,” said Google Cloud North America VP Janet Kennedy. “Blockchain technology is becoming more and more mainstream. So companies like Dapper need scalable, secure infrastructure to grow their business, and even more importantly, support their networks.”

Continue to the full article --> here


NCFA Jan 2018 resize - Google partners with Dapper Labs to host Flow blockchain in the Cloud The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - Google partners with Dapper Labs to host Flow blockchain in the CloudFF Logo 400 v3 - Google partners with Dapper Labs to host Flow blockchain in the Cloudcommunity social impact - Google partners with Dapper Labs to host Flow blockchain in the Cloud

Support NCFA by Following us on Twitter!







For more information about FFCON21: BREAKING BARRIERS, on-demand videos and ways to participate