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Google will Create its Own Blockchain in the Future: Report
Google has been watching startups get ahead of the company with various blockchain projects, but now it has decided to take a major step. Citing credible sources, Bloomberg is reporting that Google is planning to create its own blockchain and offer cloud and transactional services through it. “The Alphabet Inc. unit is developing its own distributed digital ledger that third parties can use to post and verify transactions,” said one of the sources. Google cloud platform offers various products in computing, storage, networking and other tools. While the company promises security through Identity-Aware Proxy and multiple factor authentication, centralized computing network still poses a...
Facebook Caved In to FBI Pressure And Banned Crypto Ads. Google Pressured To Do The Same
Facebook’s banning of crypto ads last month does not appear to have been made by Facebook, but as a result of months of pressure from the FBI and other regulators who are now putting pressure on Google, reports TrustNodes. Jason Roy, Senior Investigator at the Manitoba Securities Commission and Chair of the Canadian Binary Options Task Force, said: “What happened is that Canada’s Binary Options Task Force as well as the FBI explained to Facebook what the concerns were and that these types of ads are leading to people becoming victims. We’ve been talking to Google and had similar discussions...
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