Cypherium Collaborates with Google Cloud Platform to Provide Enterprise Grade Blockchain Solutions
NEW YORK, August 13, 2019 -- Cypherium, the enterprise-focused blockchain platform that prioritizes scalability and decentralization, has announced a new collaboration with Google Cloud to offer robust blockchain solutions to Google Cloud customers.
Joining an elite group of companies worldwide as an official Google Cloud technology partner, Cypherium will provide corporate clients who require an enterprise blockchain solution with frontier speed, high throughput, confidentiality and the cross-chain capabilities needed to scale to the demands of real-world business needs. The Google Cloud collaboration comes at a time of strategic innovation for Cypherium and marks a key milestone in a series of strategic scaling initiatives for the company, including collaborations with Amazon Web Services and IBM Cloud.
Sky Guo, Co-Founder and CEO said: “We’re delighted to be collaborating with Google Cloud to provide enterprises with a full-stack solution to harness the potential of this paradigm-shifting technology. The growing demand in the market for DLT solutions in the financial industry and beyond drives our commitment to this collaboration. Cloud customers can rest assured that the blockchain solutions they implement using Cypherium Enterprise are clad in robust security, and capable of delivering rapid transaction speeds for its smart contracts and achieving fast data processing from its Java virtual machine.”
Cypherium is capable of processing thousands of transactions per second and delivering significant business benefits, including cheaper, more lightweight deployment, enhanced security, improved traceability, increased efficiency and speed of transactions, as well as reduced costs. With Cypherium, enterprises may have access to a distributed ledger technology that can scale, while also delivering the numerous privacy and security benefits of blockchain technology.
Cypherium was founded in 2017 by Sky Guo to address the shortcomings of predominant blockchain technologies hampering widespread enterprise adoption. Identifying that scalability and decentralization were crucial, Sky and his team developed a dual chain structure which
employs a hybrid Proof-of-Work (PoW) and Practical Byzantine Fault Tolerant (PBFT) consensus mechanism capable of processing thousands of transactions per second, all while remaining truly decentralized. With Cypherium, enterprises have access to a distributed ledger technology that can scale, while also delivering the numerous privacy and security benefits of blockchain technology. www.cypherium.io.