Google has revealed new details about its in-development blockchain, the Google Cloud Universal Ledger (GCUL). In a LinkedIn post, Rich Widmann, Google's head of Web3 strategy, described the project as the result of "years of R&D," designed to provide a neutral infrastructure layer for global finance with support for Python-based smart contracts.
"Any financial institution can build with GCUL," Widmann said, positioning the network as a shared layer rather than one tied to a competitor's ecosystem.
