Blockchain Streamer Theta Labs Announces Google Cloud As Enterprise Validator

Blockchain-based video delivery network Theta Labs has announced that Google Cloud has joined its Enterprise Validator Program.

Theta Labs is a subsidiary of Sliver.tv, a virtual reality live-streaming company. It has developed an open-source protocol that enables users to earn rewards by relaying video on a peer-to-peer basis, utilizing excess bandwidth on any PC, mobile, Smart TV or IoT device. Its Enterprise Validator Node program allows enterprises to validate transactions in accordance with Theta’s underlying consensus protocol.

Google Cloud provides a series of modular cloud services including computing, data storage, data analytics and machine learning. It runs on the same infrastructure that Google uses internally for its end-user products, such as Google Search and YouTube.

In a press release, Theta said that 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. Users around the world will now have the ability to deploy and run Theta nodes directly from Google Cloud Marketplace (GCP Marketplace) with just a few clicks.

“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 also announced that the Theta Main-net 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. 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.”

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