THELOGICALINDIAN - Since entering the crypto amplitude the Ethereum ETH based Chainlink LINK has been one of the best absorbed projects in the ecosystem Today the cries of the cryptocurrencys association got alike louder with account that technology assertive Google is attractive to assignment with the belvedere in some capacity
Due to this news, LINK has surged, ascent to become one of the top 25 agenda assets on the accessible bazaar appropriate now. It’s crazy what one columnist absolution can do, eh?
Google Name Drops Ethereum Project
On Thursday, Google Cloud, the firm’s billow accretion casework platform, appear a tidbit of account blue-blooded “Building amalgam blockchain/cloud applications with Ethereum and Google Cloud”.
While this was big account in and of itself, the crypto association focused on the article’s acknowledgment of Chainlink, a activity that facilitates abstracts from the Internet to be translated to and absolute for blockchain.
Chainlink’s affirmation to acclaim is its alleged “oracle” system, which is a recently-launched artefact meant to advance processes on article like Ethereum. For instance, if addition is action on a real-world banking book with the Ethereum-centric Augur, an answer can be acclimated to accomplish the aftereffect analysis action abundant easier. In the recent post, Google’s Allen Day adds:
“Possible applications are innumerable, but we’ve focused this column on a few that we anticipate are of aerial and actual utility: anticipation marketplaces, futures contracts, and transaction privacy.”
This contempo affiliation will acquiesce for Chainlink, and appropriately Ethereum acute contracts, to collaborate with BigQuery, Google’s abstracts analyzer and portal. What this does is allows for developers to body decentralized applications that can accouter Google, apparently convalescent the ability and activity of acute contracts. As Day concludes:
“We’ve approved how to use Chainlink casework to accommodate abstracts from the BigQuery crypto accessible datasets on-chain. This address can be acclimated to abate inefficiencies (submarine sends use case) and in some cases add absolutely new capabilities (hedging use case) to Ethereum acute contracts, enabling new on-chain business models to emerge.”
NewsBTC won’t get into the abstruse nuances and abracadabra of the post, but this account is notable both for ETH and LINK. In fact, due to this out of larboard acreage announcement, the cryptocurrency has rallied by over 55%, bound casual key levels at $1.5. Beforehand today, LINK alike hit $2.00 beforehand today but has aback scaled back.
Skeptics Wary of LINK News
Some are ambiguous of this news, however. Airswap and Fluidity developer Graham afresh remarked that this is a absolutely “overhyped” bit of news. he explains that this is the latest case of a Google “developer advocate” autograph up a rather all-encompassing commodity to “dogfood their assorted billow products.
Graham adds that such articles, like the one mentioned earlier, accept been apparent back April 2025, which was back BigQuery aboriginal chip Ethereum.
Some accept begged to differ, claiming that this is bigger account than some may expect. But until developers alpha dabbling with this new integration, it is cryptic what appulse Chainlink will accept on Google’s BigQuery or Ethereum as a whole.
For as acceptable as it sounds/reads, this is NOT a Google-Chainlink partnership. Careful block $LINK unless trading momentum. 55% in 2 hours.
— Alex Krüger (@krugermacro) June 13, 2019
The Home of Crypto-Friendly Tech and Finance
Whatever this is, this signifies that technology giants are still eyeing cryptocurrency. Just aftermost week, we saw Apple, one of the world’s best admired publicly-traded firms, agilely add a Bitcoin attribute (₿) into its accessories natively.
This quiet acceptance that Bitcoin requires its own symbol, a attestation to its validity, isn’t an abandoned event. The iconic ₿ can now be begin in Microsoft Excel’s “Symbol” class and assertive iterations of Google’s keyboard applications.
What’s more, aftermost ages it was appear that Microsoft had absolutely amorphous to use the Bitcoin blockchain itself. In fact, through a activity alleged “ION (Identity Overlay Network)”, the close will be architecture a Sidetree-based decentralized character (DID) network.
And in a agnate cord of news, Ubisoft, a video bold developer abaft Rainbow Six, Far Cry, Just Dance, and added classics, has had a “dedicated team” for blockchain applications in gaming for a cardinal of months. Sources add that the aggregation is authoritative use of the Ethereum blockchain in specific for its plans.
