Digital Asset and Google Cloud have now entered a partnership. Digital Asset is an Australian-based fintech company that specializes in providing distributed ledger solutions. Following the collaboration, developers will have an access to various tools and services. They can now build, test and deploy distributed ledger applications when needed and without the compulsion to configure the underlying platform.
Google Cloud and Digital Asset will mainly focus on coming up with solutions for software developers. Blockchain-based developer tools are one of the many things Digital Asset is currently working on. These tools ensure a smooth entry in the crypto sphere. The company also brings in Digital Asset Modelling Language (DAML) development kit that will be available to developers as a result of the partnership.
Google has never been too interested in working with distributed ledger technology but this seems to be changing with various unexpected collaborations in recent times. The partnerships might be the seed of the fact that despite being a leading tech corporation, Google cloud owns only 6% of shares in the market despite it being a leading tech corporation.
“We are delighted to innovate with Digital Asset in the distributed ledger space,” said Leonard Law, Head of Financial Services Platform at Google Cloud. “DLT has great potential to benefit customers not just in the financial services industry, but across many industries, and we’re excited to bring these developer tools to Google Cloud,” stated Google about their collaboration with Digital Asset.