As expectations for the future of cryptocurrencies rise, partnerships in this field continue to increase.
At this point, the latest partnership news came from Google Cloud and Flare Network.
According to the announcement made on the X account, Google Cloud will cooperate with Flare Network.
Flare onboards @GoogleCloud as an infrastructure provider to validate the network and contribute to the Flare Time Series Oracle.
Enshrining decentralized data delivery in a dual role with network validation is what makes Flare the Blockchain For Data.https://t.co/bJF9yX7GrX pic.twitter.com/oGySMD4vVq
— Flare ☀️ (@FlareNetworks) January 15, 2024
Google Cloud, the cloud division of technology giant Google, has joined the Flare blockchain as a validator and infrastructure provider.
Flare Network gives developers access to decentralized data through the Oracle system.
“ Flare today announced the addition of Google Cloud as an infrastructure provider, contributing to both the network validator and the Flare Time Series Oracle (FTSO) on the Flare network.
As a network validator, Google Cloud will be responsible for proposing and validating new blocks to the Flare blockchain, thus supporting the chain's proof-of-stake consensus mechanism.
“Google Cloud will be one of 100 organizations at Flare adopting the new combined role of validator and contributor to FTSO.”
Following the news of the partnership, Flare Network's token FLR increased by up to 9%.
*This is not investment advice.
