Google Cloud Universal Ledger (GCUL) chooses Python for smart contracts primarily because Python is widely used and familiar to financial engineers and developers, making the platform more accessible and easier to integrate into financial systems. This choice lowers the barrier for developers who are already proficient in Python, speeding up the development and deployment of smart contracts.
Regarding security, Python’s clarity and simplicity help reduce programming errors, which can be a significant source of vulnerabilities in smart contracts. Additionally, the GCUL environment and platform’s design include managed and regulated access controls, which complement Python’s features to ensure a secure and compliant execution environment suitable for enterprise-grade financial applications.
Therefore, using Python for smart contracts in GCUL promotes easier adoption and integration by financial institutions while maintaining strong safety and regulatory compliance through controlled execution and platform-level security measures.
