Google Cloud has unveiled the Google Cloud Universal Ledger (GCUL), a new Layer-1 blockchain designed for financial institutions. The platform will support asset tokenisation, cross-border settlements, and Python-based smart contracts, offering a neutral foundation for banks, exchanges, and payment firms. Backed by Google Cloud’s scale, GCUL aims to compete with firms like Circle and Stripe in building institutional-grade blockchain infrastructure.
Tech
Google Confirms Plans for GCUL Layer-1 Blockchain Project for Financial Institutions
by aweeincm1
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