Bitcoin Land will work with Google

Google Cloud has a partnership announced with the Bitcoin (BTC) friendly country El Salvador. The aim is to digitize the country in various sectors. Google Distributed Cloud (GDC) will enhance the country’s existing government services, education and healthcare. It is the first time a Latin American government has used cloud technology.

Google signs partnership

GDC is a collection of fully managed hardware and software that extends cloud infrastructure to local and remote environments. Thomas Kurian, the CEO of Google Cloud, believes that cloud computing can bring real transformation to Latin America. The small country’s president, Nayib Bukele, is the first on the continent to take this step want Make El Salvador a center of innovation.

The partnership with Google is expected to last seven years and is pending full regulatory approval. The additional GDC infrastructure will be important for Bitcoin practices. The technology will allow El Salvador to run full bitcoin nodes using the ordinal protocol.

El Salvador and Bitcoin

The country has long been known for its pro-Bitcoin strategy. In September 2021, El Salvador recognized Bitcoin as legal tender as a world first. In addition, an initiative was recently launched that taught Bitcoin to more than 25,000 students. Students can even earn a bitcoin diploma. A impressive story comes from the young Gerardo Moran, who was able to start a career in Bitcoin thanks to his training at “Mi Primer Bitcoin”.

El Salvador also has ambitions to become a major player in the bitcoin mining industry. Volcano Energy, a local company, has it progressive plan to set up a large Bitcoin mining project with a capacity of 241 megawatts. What makes this initiative special is that it runs entirely on renewable energy, with two-thirds of the electricity coming from solar power and one-third from wind power. This will take place in the Metapán region. Tether (USDT) is a major investor in the project.

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here