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Google Cloud announces dedicated team for Blockchain biz

Google Cloud announces dedicated team for Blockchain biz

Google Cloud has announced a new, dedicated Digital Assets Team to support its customers’ needs in building, transacting, storing value, and deploying new products on blockchain-based platforms. This step comes as the tech giant aims to leverage blockchain technology’s innovation and value creation for consumers and businesses around the world.

“As the technology becomes more mainstream, companies need scalable, secure, and sustainable infrastructure on which to grow their businesses and support their networks. We believe Google Cloud can play an important role in this evolution,” Yolande Piazza, vice president, financial services, Google Cloud says.

Blockchain and distributed-ledger-based companies like Hedera, Theta Labs, and Dapper Labs have already chosen to build on top of Google Cloud for scalability, flexibility, and security. Moving forward, this new team will undertake a number of short- and long-term initiatives to support companies in the digital assets/blockchain ecosystem.

This would include providing dedicated node hosting/remote procedure call (RPC) nodes for developers, allowing users to deploy blockchain validators on Google Cloud via a single click (“click to deploy”) and also participating in node validation and on-chain governance with select partners.

It would help developers and users host their nodes on the cloud (and be a part of ‘Cloud Sustainability’), supporting their environmental, social, and governance initiatives and support on-chain governance via participation from Google Cloud executives and senior engineers.

The team will also hosting several public BigQuery datasets on Google Cloud Marketplace, including full blockchain transaction history for Bitcoin, Ethereum, Bitcoin Cash, Dash, Litecoin, Zcash, Theta, Hedera Hashgraph, Band Protocol, Polygon, XRP, and Dogecoin.

Piazza says that the company is also exploring opportunities in the future to enable Google Cloud customers to make and receive payments using cryptocurrencies. Google Cloud views the evolution of blockchain technology and decentralized networks today as analogous to the rise of open source and the internet 10-15 years ago.

Source: The Hans India


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