HSBC moves Corda enterprise blockchain technology to Google Cloud

Source:-https://cloudcomputing-news.net HSBC has become the first financial institution to move Corda Enterprise onto Google Cloud, promising reduced client onboarding times and costs. The bank uses Corda, from R3, for its custody blockchain platform, Digital Vault. The service, launched in November 2019, digitises the transaction records of private placement assets, from equity, to debt, and real estate. Moving to Google Cloud, HSBC noted, will enable the company to move more of the ‘transaction lifecycle’ onto the ledger in future, including the

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3 cloud computing trends to watch in 2021

Source:-https://techhq.com Technology has enabled businesses to continue operating this year, and the cloud has taken center stage — going forward, it will only play a larger role in the enterprise. According to CloudTech, public cloud spending is expected to grow from US$229 billion in 2019 to US$500 billion in 2023, with a compound annual growth rate (CAGR) of 22.3%. Key players Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and Alibaba, and are expected to grow yet bigger, and by

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How IONOS is looking towards privacy and Europe for a solid share of the cloud market

Source:-https://cloudcomputing-news.net The hyperscale providers continue to dominate the cloud infrastructure and hosting market. According to industry watcher Synergy Research in May, the combined market share of Amazon Web Services (AWS), Microsoft and Google alone was 56%. Yet one area has the potential to cause concern – and it has pricked the ears of other players looking to capitalise. In August, CloudTech reported on the ending of the Privacy Shield agreement by the European Court of Justice (ECJ). The EU-US initiative

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