Google Cloud will be the key node authenticator for Phantom (FTM).
Fantom has partnered with Google Cloud as a key node authenticator to boost DApp development. Google Cloud infrastructure and AI capabilities power the Phantom ecosystem. Although the trading volume increased by 34%, the price of FTM showed little reaction.
Phantom (FTM) has partnered with Google Cloud, which now serves as a key node authenticator for the platform.
The collaboration is designed to leverage Google Cloud's robust infrastructure and artificial intelligence (AI) capabilities to enhance the development and performance of smart decentralized applications (DApps) on Phantom.
This partnership builds on Google Cloud's existing relationship with the program to display phantom data in Big Query as public datasets. By strengthening this collaboration, Phantom aims to increase the scalability of its Directed Acyclic Graph (DAG) protocol and secure a larger market share.
Encouraging innovation in the FTM ecosystem
Beyond verifying transactions, Google Cloud plays a critical role in fostering innovation in the Phantom ecosystem.
The partnership is designed to empower developers to create the next generation of secure and engaging DApps.
Google's cloud infrastructure is renowned for its scalability, security and robustness, making it an ideal backbone for Phantom's ambitious plans.
Confirming role to finally move to Sonic Network
While Google Cloud will retain authentication responsibilities on Phantom's Opera Network following this partnership, there are plans to move these functions to the new Sonic Network, which is compatible with the Ethereum Virtual Machine (EVM).
This shift is part of Phantom's broader strategy in the smart contract space, to enhance the ecosystem's performance and developer appeal.
Fantom price jumped on the news
While the partnership announcement had little impact on the price of Phantom (FTM), trading volume rose 34% to $239,543,832, reflecting interest and optimism among investors.
As the partnership unfolds, the entire Phantom ecosystem is expected to benefit from improved performance and developer engagement, potentially boosting FTM's value.
The strategic alliance with Google Cloud is a milestone in Fantom's journey to become the leading platform for smart apps and decentralized innovations.
