GFT Technologies, an IT service provider for the banking industry, has revealed it will be testing blockchain technology on Google’s Cloud Platform.
Also read: Jaxx to Add Litecoin to Mobile Wallet Despite Apple ‘Blacklist’ Issues
GFT Believes Google’s Cloud Service Will Help Them Promote Distributed Ledger Tech
The Stuttgart-based GFT is an IT provider and business consulting service for European banks. The company has announced its membership with Google’s Partner Program to “drive blockchain technology.” GFT said it plans to simulate distributed ledgers in real-time within a scalable test environment.
Blockchain technology is said to have the ability to settle business transactions instantly while improving efficiency. Using the Google Cloud Platform, GFT claimed it will be able to “rapidly deploy” code by its developmental clientele. The company reported that it has developed a blockchain incubator, which simulates financial scenarios.
Additionally, using Google’s