Google Cloud Enters Blockchain Arena with “GCUL” for Finance

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Google Cloud is building its own blockchain, the “Google Cloud Universal Ledger” (GCUL), targeting the financial sector.

Announced by Web3 strategy head Rich Widmann, GCUL is designed as a “credibly neutral” platform to facilitate payments and digital assets, featuring Python-based smart contracts.

Currently in private testnet, the platform aims to be a universal infrastructure that any financial institution—from Adyen to Tether—can use, avoiding the proprietary networks of competitors. It will be a compliant, permissioned system accessible via a single API.