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Tag: Google

Google Cloud Unveils Universal Ledger: A Neutral Layer-1 Blockchain for Financial Institutions

Google Cloud’s Universal Ledger (GCUL) is a new Layer-1 blockchain designed as a neutral infrastructure for financial institutions, focusing on payments, settlements, and digital assets. The platform supports Python-based smart contracts and is currently in private testnet, with built-in compliance features like KYC and AML. A partnership with CME Group is piloting tokenization and wholesale payments, targeting efficiencies...

Cryptocurrencies, Front page, Google, Google Cloud, News

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Google’s Willow Chip: A Quantum Threat to Bitcoin?

Google unveils Willow, a quantum computing chip with 105 qubits. Willow can solve tasks in 5 minutes that would take supercomputers 10 septillion years. Bitcoin’s security potentially at risk, but experts say it’s not an immediate threat. Crypto community advises on preparing for future quantum threats. Google’s Quantum Computing Leap Google has introduced Willow, a quantum computing chip that has...

Bitcoin, Front page, Google, News, Quantum computing

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