By collaborating with Voltage, an infrastructure company that specializes in the Bitcoin Lightning Network, Google Cloud, a well-known cloud and data service provider, has jumped on the Bitcoin rollercoaster.
Google Cloud and Voltage Announce Partnership for Bitcoin-Based Services
With Voltage‘s operational expansion in mind, this partnership intends to provide Bitcoin-based services around the globe. Moreover, with the help of this collaboration, Voltage will be able to serve its clients on a global scale by utilizing the extensive resources of Google Cloud.
Google and Google Ventures’ Interest in Bitcoin Lightning Grows
Indicating Google’s growing interest in and acceptance of Bitcoin and Lightning, the announcement of this collaboration has garnered a lot of attention on social media. Google distinguishes itself from rivals like Apple with this action after Apple recently deleted a Lightning-friendly decentralized social media protocol from its App Store.
This collaboration follows Google Ventures’ (GV) prior strong interest in Bitcoin, Web3 startups, and blockchain technology. GV’s involvement in a $6 million seed round for Voltage in 2021 is a reflection of the tremendous momentum that cryptocurrencies are gaining.
What Does This Partnership Mean?
It will be critical to keep an eye on how the market reacts to Bitcoin and Lightning as usage grows and the decentralized finance landscape changes. A significant turning point will be reached at the junction of established cloud services and the developing cryptocurrency industry with the partnership between Google Cloud and Voltage.
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