Tag Archives: Blockchain

The cloud division of tech giant Google (GOOGL) has joined the Flare blockchain as a validator and infrastructure provider. Google Cloud is one of 100 organizations adopting this combined role, both securing the network as a validator and contributing to the Flare Time Series Oracle (FTSO), according to an announcement shared with CoinDesk on Monday. Flare, which calls itself “the blockchain for data,” gives developers access to decentralized data via its Oracle system. In blockchain… Source link

[unable to retrieve full-text content]Google Cloud announces alliance with Polygon to adopt blockchain protocols  The Hindu Source link

Yandex (NASDAQ:YNDX – Get Rating) and Applied Blockchain (OTCMKTS:APLD – Get Rating) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, profitability, institutional ownership, risk, analyst recommendations and earnings. Insider & Institutional Ownership 66.8% of Yandex shares are owned by institutional investors. Comparatively, 2.7% of Applied… Source link

War in Ukraine, raging inflation and a clouded economic outlook were top of mind for executives at financial firms last week as they recapped an underwhelming quarter on Wall Street in their post-earnings calls with investors. But another widely-cited topic in those conferences went largely under the radar: heavy talk of imminent blockchain plans from some of the industry’s biggest firms. BlackRock (BLK), JPMorgan Chase (JPM) and Goldman Sachs (GS) were among the major financial institutions… Source link

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s cloud division has formed a group to build business around blockchain applications, following efforts to grow in retail, health care, and other industries. Success could help Google further diversify away from advertising and become more prominent in the growing market for computing and storage services delivered from remote third-party data… Source link

Hollywood is seeking a new revenue stream in the hot market for non-fungible tokens (NFTs). With COVID-19 scaring away many moviegoers from theaters, and making blockbuster ticket sales harder to come by, a few entrepreneurs are getting more creative using blockchain technology. Enter a brand-new science-fiction movie starring Anthony Hopkins, which will be the first film to be auctioned off as an NFT. “Zero Contact” is being auctioned off by Vuele, an NFT film distribution platform that hopes… Source link

As the nascent concept of decentralized finance (DeFi) gains traction in cryptocurrency trading — and draws more regulatory scrutiny — new players are creating products to meet rising demand.  Enter Galaxy Digital (GLXY.TO), which this week rolled out a DeFi Index Fund, their newest blockchain-based financial asset. The passive instrument tracks the performance of Bloomberg’s Galaxy DeFi Index, and is part of an estimated $80 billion industry that’s poised for explosive growth in the… Source link

Lawmakers and regulators’ increasing scrutiny of crypto markets, including the debate over the U.S. infrastructure bill’s crypto tax reporting provision, may be spooking retail investors but not institutional ones, recent blockchain data from Glassnode indicates.   These larger investors, as represented by large-value dollar transactions, fueled Bitcoin’s nearly 20% price gains since last week, the Berlin-based blockchain data firm found. A number of analysts say the trend shows that… Source link

The U.S. has fallen significantly behind China in the race to develop a blockchain-based payment system, Pantera Capital founder and CEO Dan Morehead told Yahoo Finance in a recent interview. “China’s six years ahead of the United States in building a blockchain-based payment system,” Morehead said in a Friday segment on blockchain technology with Yahoo Finance Live. China’s dominance in the blockchain space may propel America into action in the near future, according to Morehead,… Source link

Enterprise software company Oracle (ORCL) in recent days formed a partnership with an outfit that will strengthen its blockchain-related services, and Bank of America launched a cryptocurrency research team — the latest signs of major firms embracing decentralized finance. Blockchain can claim another believer among the nation’s top financial institutions in Franklin Templeton (BEN) CEO Jenny Johnson, whose fund manages more than $1.5 trillion in assets. Johnson told Yahoo Finance in a… Source link