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Blockchain technology has been used to pilot Brazil's digital real. Execution took place on the Stellar infrastructure of the local Mercado Bitcoin exchange. The experiment included a KYC procedure, a fraud protection check using decentralized identity identification, and direct fund transfers. All worked well, no violations of the country's laws were detected (thankfully, the tests had not yet been banned), though Mercado's head teased that the Central Bank's real motive was to see how things would unfold if it lost its direct control over money.

The collaboration aims to promote the development of Web3 apps on the Tezos blockchain. Google Cloud credits and mentorship are available to startups from the Tezos incubator. Google Cloud previously launched a Ronin network validation node and an Ethereum blockchain node hosting mechanism. The TRX token's price rose by 10% in response. Google has been involved with cryptocurrencies for a while, but you still give it some thought.