In adding a CSP to its 28 staked seed node operators, the group plans cloud-centric transformations to lead in Web3 innovation.
Launched in 2017, Zilliqa Group was the first public blockchain to implement ‘sharding’ (a unique mechanism that increases the overall transaction processing capability by dividing it into smaller groups of nodes called shards, and having each node simultaneously process a subset of transactions) to its mainnet (a blockchain that runs independently using its own technology and its own cryptocurrency) to address blockchain scalability limitations.
The firm was also a pioneer in deploying Smart Contract Intermediate-Level Language (Scilla), a peer-reviewed programming language that is designed with smart-contract safety in mind.
The group is helping to lay the foundation for Web3 ventures and decentralized applications (dApps) that require higher transaction speeds and throughput, low gas fees, and inherent smart contract security to drive mainstream adoption and preserve user trust.
To keep at the forefronts of its innovation, the firm has announced a multi-year strategic alliance with Google Cloud, which will become a staked seed node (SSN) operator on the Zilliqa network, joining an existing set of 28 SSN operators. Said the group’s CEO Matt Dyer: “Our strategic alliance is more than just a technological collaboration; it’s a strategic alignment to further the ambitions of our group of ventures and revenue-generating organizations… and setting the stage for a new wave of innovation and growth in the Web3 space.”
How the collaboration works
As an SSN operator, Google Cloud will provide node infrastructure hosting services while helping to validate transactions across the network, enabling more users to participate in its decentralization, securitization, and governance.
Zilliqa will use the cloud service provider’s open, secure, scalable, and energy-efficient infrastructure and services to strengthen the flexibility, resilience, and data availability of its blockchain. Other plans include:
- Eliminating technical roadblocks associated with blockchain analytics and enhancing data transparency by use the cloud platform’s serverless data warehouse to make its blockchain datasets readily available for public inspection and analysis.
- To empower stakeholders to easily access and query transaction data from the Zilliqa mainnet to monitor gas fees over time, identify the most active or popular tokens and dApps across the ecosystem, audit groups of transactions for regulatory compliance, and other benefits.
- Businesses and Web3 developers in the Zilliqa ecosystem can leverage data-driven insights from the system to understand the behavioral patterns of users and power design features or experiences that deliver more utility and value.
- Leveraging the Kubernetes Engine for load balancing, auto scaling, rollback, and continuous integration and delivery (CI/CD) capabilities to keep nodes running 24/7 and offering developers the ability to scale Web3 projects spanning the realms of gaming, decentralized finance (DeFi), loyalty programs, and the spatial web.
- Using the cloud provider’s native security and risk management platform to detect and remediate potential vulnerabilities and threats in the environment that hosts its nodes and applications.
- Rolling out the cloud provider’s office workspace platform to staff across its subsidiaries across 15 countries to seamlessly connect, create and collaborate.
SaidJames Tromans, Head, Web3, Google Cloud: “Our engineering work with Zilliqa Group will be centered around improving the scalability and resilience of the base layer to better support novel scaling solutions like sharding, as well as enhancing the availability of blockchain datasets for public inspection and analysis. With the Asia Pacific region emerging as a hotbed for Web3 innovation, we look forward to collaborating with more companies like Zilliqa Group with roots in this region.”