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Home»BLOCKCHAIN NEWS»Flare onboards Google Cloud as its infrastructure provider
BLOCKCHAIN NEWS

Flare onboards Google Cloud as its infrastructure provider

By Crypto FlexsJanuary 24, 20242 Mins Read
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Flare onboards Google Cloud as its infrastructure provider
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

Flare Network, an Ethereum Virtual Machine (EVM) layer 1 platform for blockchain interoperability, is joining Google Cloud as an infrastructure provider.

This partnership marks an important milestone for Flare by bringing on board one of the world’s leading cloud computing providers. This is also the first time that Google Cloud provides infrastructure services for distributed Oracle systems.

A January 22 press release stated that Google Cloud will play a dual role as an infrastructure provider for Flare. First, it supports network security by validating new blocks on the blockchain. Second, we will contribute to Flare’s native oracle, the Flare Time Series Oracle (FTSO), by providing decentralized prices and data feeds.

FTSO is a critical part of Flare’s infrastructure, ensuring dapps have access to accurate and reliable data. Flare is further enhancing data security and reliability by registering Google Cloud as a FTSO data provider.

This partnership is a significant step forward for Flare, strengthening its position as a leading blockchain platform for decentralized finance (defi) and real asset tokenization (RWA).

With Google Cloud’s expertise and resources, Flare is well-positioned to establish itself as a platform for building the next generation of DApps.

For Flare users, this partnership means they can expect more reliable and secure data feeds from the network. This allows developers to build advanced dapps with access to a wider range of data sources.

Google Cloud joins other leading Flare infrastructure providers including Ankr and Sensei Nodes.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

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