RATE Group | Blockchain.com banks on Google cloud to support growth of cryptocurrency management plat…
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Blockchain.com banks on Google cloud to support growth of cryptocurrency management plat…

13 Jul Blockchain.com banks on Google cloud to support growth of cryptocurrency management plat…

Posted at 15:35h in Cryptocurrency News by

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Cryptocurreny management platform Blockchain.com has revealed details of how it is ramping up its reliance on the Google Cloud Platform (GCP) to manage its growing user base and data processing needs.

The company has used GCP since its inception in 2011, and draws on the cloud platform to supplement the work its on-premise datacentres do to keep the cryptocurrency wallets of its 39 million users operational and accessible from the 140 countries they are located in.

Blockchain.com started out supporting bitcoin, but has since moved to expand the number of cryptocurrencies it supports, include ethereum, bitcoin cash, stellar lumens and the paxos standard, which has led to a concurrent increase in the number of datasets the company has to support.

Each of these cryptocurrencies is underpinned by sizeable, decentralised ledgers, from which Blockchain.com’s products must access data efficiently in order to work.

“Accessing that data requires complex domain knowledge, technical…

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