Supra Joins Forces with Google to Offer Swift Price Feeds for Financial Markets
Miami, Florida, October 23rd, 2023, Chainwire
Supra Today, a leader in secure and scalable oracle solutions for dApps, Supra, has officially partnered with Google Cloud to bring rapid and dependable price feeds into both Web2 and Web3 financial spheres.
This collaboration lets Supra utilize Google Cloud's robust infrastructure and expertise, enabling dApps to tap into real-time pricing information from diverse sources including exchanges, OTC markets, and various data aggregators, helping streamline the development of more efficient and trustworthy trading applications that resonate with real-world dynamics.
"Partnering with Google Cloud to extend our oracle technology across wide-ranging decentralized financial markets is a great honor for us,\" stated Joshua Tobkin, CEO of Supra. \"This collaboration signifies not just growth for our operations, but also enhances our reach to a broader spectrum of dApp developers, which we believe will significantly ramp up the integration of decentralized apps in the finance sector.\"
"Our goal is to maximize our customers' data utilization,\" commented a representative from Google Cloud. \"Working together with Supra means dApp developers will enjoy access to real-time pricing data from multiple sources, enabling them to craft more reliable and efficient decentralized finance applications.\"
Initially, the focus of this collaboration will be on supplying dApps with price data from top-tier exchanges like Binance, Coinbase, Gate, Gemini, OKX, and Kraken. Among various applications, Supra will implement Google Cloud’s Pub/Sub service to ensure that real-time pricing data is delivered reliably and efficiently to dApps, allowing them to respond to market fluctuations almost instantaneously.
Looking ahead, this partnership plans to widen its scope by incorporating additional data types, such as order book stats and historical price analytics, which will empower dApps to develop a broader array of applications, including market-making and arbitrage functionalities.
This partnership marks an important advancement for both Supra and Google Cloud, promising to speed up the adoption of decentralized applications in the finance field and broaden access for developers, all while improving speed and reducing latency.
About Supra
Supra stands out as a trusted provider of scalable oracles for decentralized applications. The company's oracle solutions equip dApps with the ability to obtain real-world data from a multitude of channels including cryptocurrencies, forex, stock markets, and even sports events. Driven by a team of dedicated researchers, Supra aims to construct the most efficient blockchain frameworks to facilitate global asset exchanges.
To discover more about Supra and engage in their gamified learn-to-earn initiative, visit their site. Countdown to Blastoff . Lastly, sign up for the whitelist This will also inform you ahead of any potential future token launches and provide additional insights.
About Google Cloud Platform
The Google Cloud Platform (GCP) offers a comprehensive set of cloud computing services operated on the same infrastructure that supports Google's consumer products like Search and YouTube. GCP delivers a wide array of capabilities, encompassing computing power, data storage, advanced data analytics, and machine learning functionalities.
Contact
Eli Phoenix
Supra
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