GOOGLE COLLABORATES WITH ENTERPRISE BLOCKCHAIN CYPHERIUM

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Google Collaborates With Enterprise Blockchain
Cypherium

• The cloud wing of technology leader Google is
  entering into a partnership with an enterprise
  blockchain named Cypherium. As per the press
  release on 13 August, the product Cypherium
  Enterprise is described by Cypherium as an
  enterprise-focused blockchain which focuses on
  decentralization and scalability. As a result of
  this partnership, Google customers will now be
  able to access Cypheriums blockchain solutions.

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• As mentioned in the patent, this web browser will
  collect pre-specified information from web
  browsing sessions. This information which is
  collected is then transferred to a network which
  consists of peer-to-peer network nodes for the
  purposes of collection and storage. The type of
  information collected depends upon the type of
  browsing experience which has been selected. This
  is done for on-chain storage of the in-browser
  events.

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• According to Sky Guo, the CEO of Cypherium,
  Were delighted to be collaborating with Google
  Cloud to provide enterprises with a full-stack
  solution to harness the potential of this
  paradigm-shifting technology. The growing demand
  in the market for DLT solutions in the financial
  industry and beyond drives our commitment to this
  collaboration. Cloud customers can rest assured
  that the blockchain solutions they implement
  using Cypherium Enterprise are clad in robust
  security, and capable of delivering rapid
  transaction speeds for its smart contracts and
  achieving fast data processing from its Java
  virtual machine.

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• Cypherium is a robust and scalable smart contract
  platform. It provides an accessible and intuitive
  user interface. It uses a comprehensive consensus
  mechanism which helps developers to create
  groundbreaking apps which are capable of
  transforming the future of law, business, and
  enterprise solutions. Cypherium has been
  developed based on the valuable innovations of
  the previous blockchains.

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Guo Also Added

• Google Cloud and Cypherium are bound by a
  perpetual need to innovate. The future of
  commerce and blockchain are inextricably linked,
  and we are well-positioned to leverage Google
  Clouds expansive resources and best-in-class
  infrastructure to accelerate the use of the
  technology to solve real-world problems faced by
  businesses today.

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• This enterprise blockchain of Cypherium will
  offer confidentiality and blockchain
  interoperability and will also support thousands
  of transactions per second. Through this
  partnership, Cypherium aims to provide corporate
  clients with an enterprise blockchain solution
  which has the features of high throughput,
  confidentiality, frontier speed, and the
  cross-chain capabilities which are needed to meet
  the demands of real-world business needs.

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• As revealed in the press release, Cypherium has
  also entered into a partnership with IBM Cloud
  and Amazon Web Services. Cypherium makes use of a
  Turing-complete virtual machine written using the
  Java programming language, to run its smart
  contracts. Since Java is a popular language, its
  use is widespread, and using Java for the smart
  contract system of Cypherium would possibly lower
  the barrier to blockchain adoption. In May,
  Google Cloud added Qtum to its roster of software
  partners.

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• Qtum is an open-source, public blockchain
  platform which boasts of a Decentralized
  Governance Protocol (DGP) which allows specific
  blockchain settings to be modified using smart
  contracts. Qtum is compatible with the existing
  blockchain infrastructure and is also modular,
  which means that new technology can always be
  added to it. Qtum offers a suite of developer
  tools supplied on Google Cloud. These include
  support for launching a full node, DApp dev
  tools, and tools for forking and staking within
  Qtum.

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• As per the announcement, When the Qtum source
  code is updated, Google Cloud will automatically
  update the code everywhere, saving developers the
  need to manually re-download in order to remain
  on the latest version.

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