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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Flare Network, an Ethereum Virtual Machine (EVM) layer-1 platform for blockchain interoperability, is on board ing Google Cloud as an infrastructure provider .  You might also like: Flare and Kinetic partner to expand defi capabilities This partnership marks a significant milestone for Flare, bringing one of the world’s leading cloud computing providers on board. It also marks the first time Google Cloud is providing infrastructure services to a decentralized oracle system. A press release on Jan. 22 noted that Google Cloud will play a dual role as an infrastructure provider on Flare. First, it will support the network’s security by validating new blocks on the blockchain. Second, it will contribute to Flare’s native oracle, the Flare Time Series Oracle (FTSO), by providing decentralized price and data fe...

The Belgian government has announced plans to expedite the development of a European blockchain infrastructure during its EU Council presidency in early 2024. The proposal aims to enhance the secure management and storage of official documents, including driving licenses and property deeds. In a statement on Nov. 21, Mathieu Michel, Belgium’s Secretary of State for Digitization, highlighted that the creation of a public blockchain for a pan-European infrastructure is one of the four main objectives for Belgium’s forthcoming presidency. The other three priorities focus on artificial intelligence (AI), enhancing online anonymity, and developing skills crucial for the digital economy. You might also like: EU embraces blockchain, launches official platform to transform data management The proposal involves a strategic overhaul of the European Blockchain Services Infrastructure (EBSI), initially established in 2018. The project, in collaboration with the European ...