News

Google Cloud Unleashes Explosive DeFi Revolution with Web3 Partnership

Key Points:

  • Orderly Network and Google Cloud have teamed up to tackle DeFi’s governance and transparency challenges.
  • The partnership leverages Google Cloud’s tech prowess to develop off-chain components, promising scalability and robustness in DeFi infrastructure.
  • Orderly Network’s DeFi solutions will soon be available on the Google Cloud Marketplace, simplifying DeFi adoption for developers and businesses.
DeFi infrastructure provider Orderly Network has announced its partnership with tech giant Google Cloud.

The strategic alliance aims to address critical issues within the DeFi (Decentralized Finance) space, specifically focusing on self-governance and transparency.

DeFi has experienced significant growth in recent years, offering innovative financial solutions while relying heavily on blockchain technology. However, challenges related to governance and transparency have posed obstacles to the sector’s broader adoption.

Orderly Network is set to leverage GC’s vast resources and technical prowess to develop off-chain components that address these challenges head-on. Off-chain solutions play a pivotal role in enhancing scalability and governance in the DeFi ecosystem.

One of the key outcomes of this collaboration will be the availability of Orderly Network’s DeFi infrastructure solutions on the Google Cloud Marketplace. This move is poised to streamline the accessibility of DeFi infrastructure services for developers and businesses seeking to enter the DeFi space.

Simon White, CEO of Orderly Network, expressed enthusiasm about the partnership, saying, “Our collaboration with Google Cloud represents a significant step forward in advancing the capabilities of DeFi infrastructure. By addressing issues of governance and transparency, we aim to make the DeFi ecosystem more robust and trustworthy.”

Google Cloud brings its expertise in scalability and security to the table. The partnership aligns with Google’s growing interest in blockchain technology and its applications across various industries.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Bitcoin Spot ETF Inflows Hit $1 Billion Led By BlackRock

Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…

4 minutes ago

Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B

Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…

2 hours ago

Trump Media Company Is Pushing New Venture For Crypto Service

With the platform facing a cracked whip, Trump Media company is expanding into new business…

3 hours ago

Crypto Advisory Council Now A White House Position Attracting Leaders

Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…

4 hours ago

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

4 hours ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

4 hours ago

This website uses cookies.