Fun

News Feed - 2023-08-30 06:08:50

Savannah Fortis14 hours agoGoogle Cloud to digitize El Salvador’s governance, healthcare and educationGoogle Cloud and the government of El Salvador have entered into a seven-year partnership to digitize the country’s infrastructure in various sectors.1769 Total views15 Total sharesListen to article 0:00NewsJoin us on social networksGoogle Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country. 


The partnership aims to digitize the country, update government services and improve the healthcare and education systems. The GDC will also help bring infrastructure closer to where data is generated for El Salvador.


Nayib Bukele, the country’s president, said he believes El Salvador is quickly becoming a “hub for innovation.”“El Salvador is moving forward. We believe technology and foreign investment are key for development.”


He also took to social media and posted about the partnership with a smirking smiley face emoji.Google plans to establish operations in El Salvador

Official press release from @Google:https://t.co/Fm1i3YizNr— Nayib Bukele (@nayibbukele) August 29, 2023


The partnership will span seven years, pending full legislative approval, and will help the government digitize projects and processes, such as invoicing, permitting and more. According to the announcement, Google Cloud’s entrance into El Salvador marks the first Latin American government to utilize cloud technology.


Thomas Kurian, CEO of Google Cloud, said he believes cloud computing can “truly transform” Latin America.


“Access to cloud computing has dramatically expanded across industries and regions throughout the world,“ he said, adding, “Enabling both small companies and the public sector to utilize the very same applications and services as more mature markets.”


Cointelegraph has reached out to Google Cloud for additional comments on its recent expansion. 


Related:Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI and Bitcoin mining


The additional GDC infrastructure will also help support El Salvador’s active stance on Bitcoin (BTC) adoption and integration into society. It allows for Bitcoin full nodes with Ordinal Protocol support. 


Additionally, on Aug. 8, El Salvador granted the cryptocurrency exchange Binance a license to offer crypto services to users in the country. Bitcoin has been legal tender there since 2021. 


Recently, the Bitcoin Beach initiative took to the classroom and taught over 25,000 students about Bitcoin and helped them earn a “Bitcoin diploma” via the country’s education system.


The country has already seen immediate returns on the program with the example of one teenager who earned the diploma and then returned to his former school to teach educators about the digital asset.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon# Bitcoin# Blockchain# Google# Business# Government# Cloud Services# El SalvadorAdd reactionAdd reactionRead moreWho invented NFTs?: A brief history of nonfungible tokensHow blockchain tech and dMRV can help carbon trading marketsMiCA: The good, the bad and the ugly of the EU’s crypto rules

News Feed

State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a govern
BNB rallies to $600 and traders call for higher — Does data support this view?
Marcel Pechman3 hours agoBNB rallies to $600 and traders call for higher — Does data support this view?Many traders believe Changpeng Zhao’s release will send BNB price into the $700 to $1,000 range, but does BNB Cha
Mozaic Finance hacked for $2.4M via private key compromise
Christopher Roark3 hours agoMozaic Finance hacked for $2.4M via private key compromiseThe yield farming app was exploited through a possible private key compromise, according to a CertiK report.823 Total views28 Total sh
Ezra Reguerra12 minutes agoUK to expand crypto crime agency, hiring spree underwayThe job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups.81 Total view
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity
EU Parliament to "Vote on Adopting the Regulation on MiCA" — Expert Says Industry Needs Legal Clarity In a recent statement, the European Parliament said its members would shortl
Savannah Fortis12 hours agoUK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in futureThe second day of the U.K. AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elo
Texas Blockchain Council and Riot Platforms sue energy officials over crypto mining data
Turner Wright7 hours agoTexas Blockchain Council and Riot Platforms sue energy officials over crypto mining dataPlaintiffs in the lawsuit suggested that a mandatory Energy Information Administration survey for crypto min
North Korean cyberattacks on Brazilian fintech firms exposed
Arijit Sarkar13 hours agoNorth Korean cyberattacks on Brazilian fintech firms exposedGoogle Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated
Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings
Traders Complain About Exchange Issues and Downtime During Bitcoin"s Volatile Price Swings As bitcoin and a number of digital assets saw deep losses on Monday, a
Pundit Predicts XRP Price Will Surge 35,000% When These Two Things Happen
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
Value Locked in Defi Jumped 7% in 5 Days — Harmony"s Horizon Bridge Siphoned for $100M While crypto prices have seen some healing during the last few days, the total value locked
AI takes center stage as Microsoft and Google earnings signal booming market
Savannah Fortis14 hours agoAI takes center stage as Microsoft and Google earnings signal booming marketMicrosoft and Google’s Q2 earnings reports highlight significant revenue and profit increases driven by their inves