![]() ![]() □ Also read: Everything You Need to Know About Web3 Smartphone Solana Sagaįurthermore, the widely-used payments platform, Google Pay, has recorded an increased user base of over 15 countries spread around the globe. As a part of Google’s products and services, Google Cloud is also a subsidiary of Alphabet (the parent company). In a recent move, Apple reportedly removed Damus, the decentralized social media protocol that supports Lightning, from its App Store, indicating an evident reluctance towards embracing the innovation.Ĭalicott explained that the shift in dynamics within the tech industry suggests that there may be a growing acceptance of Lightning technology by institutional players in the tech space. However, Google’s progressive stance on Lightning starkly contrasts that of its rival, Apple. Meanwhile, Christopher Calicott, the managing director of Tramell Venture Partners, opined that some people believe that the recent social media engagement was a backchannel move by Google to draw people’s attention. However, the impact of the recent collaboration extends far beyond surface-level observations. The recent move suggests that Google has changed its previous stance about the usefulness of Bitcoin and the Lightning network. Rising Corporate Adoption of Lightning Technologyįollowing the announcement, the crypto community on various social media platforms has expressed their delight at the development. Additionally, this collaboration allows Voltage to tap into new markets, attract a broader client base, and enhance its overall capabilities in supporting the Lightning Network ecosystem. With Google Cloud as a partner, Voltage can capitalize on the tech giant’s extensive user base and credibility to further expand its operations. ![]() Voltage will offer its specialized knowledge and infrastructure about the Bitcoin Lightning Network. Thus, it can meet the need of diverse industries and sectors. Through this partnership, the firm aims to leverage its expertise in cloud computing to facilitate the seamless rollout of cutting-edge Bitcoin solutions. ![]() With its enormous resources, innovative technologies, and a $225 billion market valuation, Google Cloud is poised to significantly impact the adoption and integration of Bitcoin-based services across the globe. Also, it supports Voltage in expanding its operations globally. The collaboration is essential given that the former is one of the leading global cloud computing solutions providers, and the latter is an infrastructure provider specializing in the Bitcoin Lightning Network.įurthermore, this collaboration holds immense promises for the sector, enabling Google Cloud to extend its reach into the Bitcoin and crypto space. The world of cryptocurrency is set to witness a significant development as Google Cloud strikes a strategic partnership with Voltage. With its enormous resources and $225 billion valuation, the popular cloud and data service platform has partnered with Voltage, the Bitcoin Lightning Network solutions provider. Bitcoin’s Lightning Network is gaining massive attraction among traditional tech companies, with Google Cloud the latest to join the network. ![]()
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