Today, Google revealed the news of its collaboration with a New York- based start up named Digital Asset, they are into developing tools for blockchain- based applications. This kind of collaboration is already done by Google with Block Apps, this is an another app for helping users to decentralize apps, this collaboration was announced on Wednesday at Twitter.
Google stated in its blog spot that it’s a kind of Cloud that customers are able to know more ways to use distributed ledger technology (DLT) this is the actual working structure which Digital Asset and Block Apps are using. It is not sure that weather it will provide benefit to customers or not, and also the customers will get an access to proprietary software, all these questions will get their answers from the right authority this during an event by Google Next ’18.
Google added in its blog spot that it would soon release its open- source integration to the apps those are developed by blockchain- based platforms Hyperledger Fabric alomg with Ethereum in the up coming months of this year in the Google Cloud Product.
The CEO of Digital Asset Mr. Blythe Masters added in the blog spot that “This collaboration is going to give a full prove solutions to all the developers, with this developers are free to discover all the potential to web based innovations in the area of blockchain.” If there is an access to software with Digital Asset at early stage then “With this collaboration Google is actually helping Digital Asset to reach out the maximum number of developers of all various different industry, and those who are not able to reach by themselves because of their size.” It is also added in the blog spot is Google will not ask for early access.
Digital Asset’s collaboration with Google will give access to Google developers to the proprietary programming the languages for all the smart contacts. With the help of these Google developers can easily develop a blockchain apps, Google have the chance to license these apps for different companies so that they customers can use it.
Google was totally interested in blockchain from last few years. Google is the second company which is very active for corporate investment in blockchain technology from the year 2012 to 2017. And the number company which most active in investing in blockchain investment is a Japan- based SBI Holdings.