Cardano’s Midnight Foundation has collaborated with Google Cloud to advance privacy-enhancing infrastructure.  Google Cloud would run a validator for Midnight as part of this collaboration while supporting the overall network growth.  Cardano co-founder Charles Hoskinson has shared a post on X, announcing a strategic partnership between Midnight Foundation and Google Cloud. According to him, the [...]]]>Cardano’s Midnight Foundation has collaborated with Google Cloud to advance privacy-enhancing infrastructure.  Google Cloud would run a validator for Midnight as part of this collaboration while supporting the overall network growth.  Cardano co-founder Charles Hoskinson has shared a post on X, announcing a strategic partnership between Midnight Foundation and Google Cloud. According to him, the [...]]]>

Google Cloud to Run Validator and Provide Confidential Computing for Midnight Network

  • Cardano’s Midnight Foundation has collaborated with Google Cloud to advance privacy-enhancing infrastructure. 
  • Google Cloud would run a validator for Midnight as part of this collaboration while supporting the overall network growth. 

Cardano co-founder Charles Hoskinson has shared a post on X, announcing a strategic partnership between Midnight Foundation and Google Cloud. According to him, the main idea is to expand the resources and community tools needed to reach new audiences through developer support.

Midnight

In an X post, this collaboration was said to enable privacy-enhancing infrastructure and zero-knowledge technology advancement.

More About the Midnight and Google Cloud Partnership

Public blockchains’ ability to handle sensitive information that requires regulatory compliance has been debatable since day one, often exposing data.

According to the president of the Midnight Foundation Fahmi Syed, Midnight was designed to provide a solution to this.

Specifically, this ensures that new applications are built with selective disclosure. This implies that financial institutions could process cross-border payments and private trading without compromising regulatory compliance, as mentioned in our previous news brief.

For governments, this initiative could enable them to protect the data of citizens when issued in verifiable credentials. The same is also reported to apply to healthcare systems.

In the post, Cardano also disclosed that the collaboration between Midnight and Google Cloud would provide the technical ground required for the deployment of enterprise-level security. The role of Google Cloud would be to operate critical network infrastructure. This implies that Cloud would run a validator for Midnight and engage in other services that would support the growth of the network.

Apart from these, Google Cloud’s Mandiant would ensure that advanced threat monitoring and incident response are provided for the network. The Zero-Knowledge Proof (ZKP) would also capitalize on the Google Cloud system’s Confidential Computing to protect private data.

According to the press release, projects building on the Midnight Network would be able to get access to “several benefits including US$200,000 in Google Cloud Platform Credits over two years to build.” Not just that, these projects would be able to scale and secure applications with cloud and AI while having access to training and mentorship.

Commenting on this, the Head of Web3 Strategy and Operations at Google Cloud Richard Widmann highlighted:

In our previous news update, CNF reported that Hoskinson is planning to elevate XRP yield with the Midnight Network. Apart from this, Cardano is working on the next stage of its blockchain development. As indicated in our previous blog post, the phase known as Omega would make governance self-improving. In the midst of these, Hoskinson has also been cleared of all charges related to the ADA Voucher program, as discussed earlier.

]]>
Market Opportunity
Cloud Logo
Cloud Price(CLOUD)
$0.07837
$0.07837$0.07837
-3.41%
USD
Cloud (CLOUD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

JPMorgan’s Sobering Reality Check On The $1 Trillion Dream

JPMorgan’s Sobering Reality Check On The $1 Trillion Dream

The post JPMorgan’s Sobering Reality Check On The $1 Trillion Dream appeared on BitcoinEthereumNews.com. Imagine a world where stablecoins, the digital dollars
Share
BitcoinEthereumNews2025/12/19 07:07
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Share
Tronweekly2025/09/18 00:00
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56