☁️ Google Cloud launches the L1 blockchain GCUL for tokenized assets and cross-border payments
The new GCUL blockchain simplifies cross-border payments and asset settlements through a distributed ledger.
• The project is currently in a private testnet; a partnership with CME has been previously announced for piloting tokenized assets.
• Rich Widman: GCUL is a layer one blockchain. But the community doubts: is it decentralized, or is it just a consortium chain?
📈 Expectations:
— GCUL could accelerate corporate transactions and work with tokenized assets
— True decentralization is still lacking — more of a corporate toy for major players
💭 Google Cloud in the world of blockchain — a real L1 or just a "cloud imitation"? ☁️🤔
Will you trust a corporate blockchain with your assets?
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