Google has introduced Google Cloud Universal Ledger, its own blockchain infrastructure for payments.
✦ Fast, scalable, and low-fee system
✦ Direct integration with Google Cloud services
✦ Programmable for custom use cases and app deployment
✦ Extra security with KYC and Google’s in-house protection tools
The company is now recruiting participants for testing. Google frames it as the end of “outdated” payment rails, pushing for 24/7 instant transactions with a strong tilt toward Web3.