Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Google Cloud Partners with Orderly Network to Enhance DeFi Infrastructure

Google Cloud Partners with Orderly Network to Enhance DeFi Infrastructure

Kelly Cromley by Kelly Cromley
Sep 16, 2023
in Market News, News
Reading Time: 2 mins read
0

In response to the growing demand for blockchain projects, Google Cloud has joined forces with Web3 startup Orderly Network to develop user-friendly developer tools for decentralized finance (DeFi). This strategic collaboration aims to simplify access to the decentralized realm and address critical challenges related to self-custody and transparency within the DeFi landscape.

 

Crafting Off-Chain Elements for DeFi:

 

The joint venture between Google Cloud and Orderly Network has a clear mission – to design off-chain elements of DeFi infrastructure that will revolutionize the sector. These elements are intended to tackle the issues of self-custody and transparency while enhancing accessibility for developers and users. As part of this partnership, Orderly Network will assume the role of a DeFi infrastructure provider and will be accessible through the Google Cloud Marketplace.

 

Rishi Ramchandani, Head of Web3 Initiatives for the Asia-Pacific region at Google, expressed the significance of this collaboration. He emphasized that meeting the growing demand for specialized Web3 products was essential and stated, “Collaborating with Orderly Network to establish a robust infrastructure will bridge the existing gaps in DeFi growth and adoption. This partnership will ensure scalability in this rapidly changing sector by producing secure, user-centric enterprise developer tools.”

 

Financial Industry Embraces Blockchain:

 

Recognizing the transformative potential of blockchain technology in the fintech sector, many financial industry players, including JPMorgan, have been exploring decentralized tech solutions, including DeFi offerings. Mainstream banking systems have shown interest in blockchain technology for years, with a 2021 report indicating that approximately 55% of top-tier banks had some level of blockchain engagement.

 

Balancing On-Chain and Off-Chain Components:

 

Orderly Network envisions a balanced approach to managing the DeFi workload, effectively distributing it between on-chain and off-chain components. This approach optimizes operations without compromising the core benefits of decentralization. Off-chain modules ensure essential interactions are executed on-chain, while tasks that can be efficiently managed off-chain are kept separate from the primary blockchain.

 

Arjun Arora, the Chief Operating Officer at Orderly Network, shed light on the significance of their partnership with Google in the broader context of bringing DeFi into the mainstream. According to Arora, for blockchain technology to gain widespread acceptance, it must outperform existing solutions. Orderly’s objective is to design a “trading Lego” that facilitates seamless integration of decentralized applications across multiple blockchains. This innovative approach blends the best features of both decentralized and centralized exchanges.

 

Arora further elaborated, “Our collaboration with Google empowers our matching engine to rival the centralized systems prevalent in traditional finance. However, our entire infrastructure and liquidity network preserve the inherent advantages of self-custody and transparency, which are characteristic of decentralized finance.”

 

Overcoming DeFi Challenges:

 

One of the significant hurdles facing DeFi has been the high entry barrier and persistent security concerns that have impacted the ecosystem’s growth. The collaborative efforts between Google Cloud and Orderly Network are aimed at creating a secure environment and developing tools to mitigate these challenges.

 

Conclusion:

 

The partnership between Google Cloud and Orderly Network holds great promise for the future of DeFi. By designing user-friendly developer tools, addressing self-custody and transparency issues, and achieving a balance between on-chain and off-chain components, this collaboration is set to facilitate DeFi’s mainstream adoption. As blockchain technology continues to reshape the financial industry, initiatives like this one are crucial in ensuring its success and sustainability.

Previous Post

TRON Blockchain’s Remarkable Growth and Huobi Exchange’s Surprising Rebrand

Next Post

Colgate-Palmolive India’s Pioneering Metaverse Masterclass Transforms Dental Education

Related Posts

reward-wallet-and-defi-cattos-partner-for-web3-gaming

Rewardy Wallet and DeFi Cattos Forge Web3 Gaming Alliance

by Kelly Cromley
Jun 17, 2025
0

Rewardy Wallet has entered into a strategic collaboration with DeFi Cattos, a Telegram-based blockchain game operating on the Aptos network,...

paypal-unveils-pyusd-stablecoin-on-stellar-blockchain

PayPal Expands PYUSD Stablecoin to Stellar Blockchain

by Kelly Cromley
Jun 17, 2025
0

PayPal Holdings, Inc. has taken a significant step toward strengthening its presence in the blockchain space by expanding its PYUSD...

aethir-and-project-zero-partner-to advance-ai-native-web3

Aethir and Project Zero Forge Future of AI-Native Web3

by Kelly Cromley
Jun 17, 2025
0

Aethir and Project Zero have entered into a forward-thinking partnership that aims to redefine the convergence of blockchain technology and...

agii-unveils-secure-logic-shards

AGII Unveils Secure Logic Shards to Reinvent Smart Contracts

by Kelly Cromley
Jun 17, 2025
0

AGII has introduced a transformative technology called Secure Logic Shards, aiming to redefine smart contract execution in the Web3 landscape....

World’s First Spot XRP ETF Crashes 20% on Launch Day

World’s First Spot XRP ETF Crashes 20% on Launch Day

by Mostafijur Rahman
Jun 16, 2025
0

In a dramatic twist that caught both institutional and retail investors off guard, the world’s first spot XRP ETF crashed...

AEON partner with Bybit

Bybit Integrates AEON to Power Seamless Web3 Payments

by Kelly Cromley
Jun 16, 2025
0

AEON, a next-generation cryptocurrency payment infrastructure provider, has joined forces with global crypto exchange Bybit to deliver streamlined Web3 mobile...

Next Post
Colgate-Palmolive India's Pioneering Metaverse Masterclass Transforms Dental Education

Colgate-Palmolive India's Pioneering Metaverse Masterclass Transforms Dental Education

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

reward-wallet-and-defi-cattos-partner-for-web3-gaming
Market News

Rewardy Wallet and DeFi Cattos Forge Web3 Gaming Alliance

by Kelly Cromley
Jun 17, 2025
paypal-unveils-pyusd-stablecoin-on-stellar-blockchain
Market News

PayPal Expands PYUSD Stablecoin to Stellar Blockchain

by Kelly Cromley
Jun 17, 2025
aethir-and-project-zero-partner-to advance-ai-native-web3
Market News

Aethir and Project Zero Forge Future of AI-Native Web3

by Kelly Cromley
Jun 17, 2025
agii-unveils-secure-logic-shards
Market News

AGII Unveils Secure Logic Shards to Reinvent Smart Contracts

by Kelly Cromley
Jun 17, 2025
AEON partner with Bybit
Market News

Bybit Integrates AEON to Power Seamless Web3 Payments

by Kelly Cromley
Jun 16, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blockchain
  • Blog
  • Cardano News
  • ETF
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree