How GCUL is different from a regular public blockchain
GCUL differs from a typical public blockchain primarily in that it is a private, permissioned network with controlled access, rather than being open to everyone. The participants in GCUL are…
Google Cloud Universal Ledger (GCUL) is a new first-layer blockchain platform developed by Google for enterprises, especially in the financial sector. It is designed to support payments and capital market infrastructure and offers access through a single API as a cloud service. Unlike many public blockchains, GCUL is initially a permissioned network where only verified organizations participate, with mandatory KYC checks and stable fees.
GCUL allows tokenization of assets (converting traditional financial instruments into digital form) and provides instant and irreversible asset exchange through atomic settlement, significantly reducing settlement risk. The platform focuses on high security, scalability, and ease of integration for companies.
GCUL differs from a typical public blockchain primarily in that it is a private, permissioned network with controlled access, rather than being open to everyone. The participants in GCUL are…
Google Cloud Universal Ledger (GCUL) is a new first-layer blockchain platform developed by Google for enterprises, especially in the financial sector. It is designed to support payments and capital market…