Theta Labs announces Google Cloud as Enterprise Validator Node and Launch Partner for Theta Mainnet 2.0
San Jose, CA, May 27, 2020 — Theta Labs, Inc., a leading video delivery network powered by an innovative new blockchain and distributed ledger technology, announced today that Google Cloud has joined its Enterprise Validator Program along with Binance, Blockchain Ventures, and gumi. Theta’s Enterprise Validator Node program allows enterprises to validate transactions in accordance with Theta’s underlying consensus protocol. Google Cloud is also now the company’s preferred cloud provider, and users around the world will have the ability to deploy and run Theta nodes directly from Google Cloud Marketplace (GCP Marketplace) with just a few clicks. The turn-key cloud solution went live on GCP Marketplace today, coinciding with the launch of Theta Mainnet 2.0.
Theta Network is quickly advancing towards full decentralization of its security and governance. Google has joined the Theta enterprise validator program by running a validator node, and is providing the stability, reliability and security offered by the Google Cloud Platform to the Theta Network. Theta and its partners in the media & entertainment, telecom, technology and gaming industries thus provide a high-performance decentralized micropayment network that scales to millions of concurrent video viewers.
“Distributed ledger technology enables new business models that potentially transform the global digital economy, including the media & entertainment industry,” said Allen Day, Developer Advocate for Google Cloud. “We’re impressed by Theta’s achievements in blockchain video and data delivery. We look forward to participating as an enterprise validator, and to providing Google Cloud infrastructure in support of Theta’s long-term mission and future growth.”
Theta Mainnet 2.0 and the Theta Guardian network, a unique decentralized layer of security and consensus run by community members, is now available for users to access via Google Cloud Marketplace. As part of the partnership, Google Cloud will also power the cloud infrastructure for THETA.tv video platform, a fast-growing first-party esports streaming site built on the Theta Network.
“We’re thrilled to deepen our partnership with Google Cloud across a number of key strategic areas to accelerate Theta adoption across industries,” said Mitch Liu, co-founder and CEO of Theta Labs. “We welcome Google Cloud as an enterprise validator along with our other global partners to further strengthen the security and decentralization of our protocol. As we continue to build our network and streaming business, Google Cloud is the perfect partner to help us scale globally, with extensive geographical coverage offering ease-of-use, networking advantages and platform performance.”
