- Zilliqa Group announced that it has established a strategic partnership with Google Cloud.
- Zilliqa Group Token, Zil, responded positively to this announcement.
Zilliqa, which announced that it had established a multi-year strategic alliance with Google Cloud at the Token 2049 conference held in Singapore in September, officially announced this partnership at the AMA held yesterday.
Details of the partnership were also included in the AMA session held by Zilliqa Group CEO Matt Dayer and Google Cloud Web3 President James Tromans.
It was also stated that the strategic partnership with Google Cloud is an important step in Zilliqa Group’s strategy to expand its enterprise infrastructure offerings for future partnerships.
As part of this alliance, Google Cloud said it will operate a Staked Seed Node (SSN) on the Zilliqa network, which will help record a historical archive of transactions and ensure transaction integrity on the network.
SSNs are an important part of the Zilliqa network and provide users and developers with a public record of verifiable transactions on the blockchain.
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Zilliqa Group CEO Matt Dyer said at the AMA:
“Google Cloud has been in and around the Web3 space for several years.
So we were doing some groundwork on who to partner with, and I think from our first interactions with Google Cloud, it was about the hands-on approach and the ability to interface as an interface.
Our team will be switching from the vendor we currently use to Google Cloud.
Also from our perspective, the community is obviously huge in the Web3 space, and we felt that Google Cloud’s ethos of understanding Web3 and doing a lot at once for the space was a really important point for the relationship.
From our ecosystem perspective, having an infrastructure game that many ecosystem partners can benefit from is very exciting for us as part of the strategic background.”
Since the announcement, Zil has been soaring and is currently trading at about $0.024 according to Coinstats data.
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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.