Important Web3 Move from Google – KoinFinans

Google Cloudstarted to assemble a team tasked with developing services for its corporate clients who want to take advantage of blockchain technology.

Google Cloud Creates Web3 Team

Google Cloud Vice President detailing in a new email Amit Zaverystated that the company’s cloud platform aims to be one of the best choices for developers working on Web3. Describing Web3 as a market with great potential, Zavery also underlined that customers want to add more support for Web3 and cryptocurrencies.

In a statement to CNBC, Zavery also underlined that the department is not directly trying to be a part of the cryptocurrency wave. Instead, it gives companies access to blockchain technology. In other words, the division will provide blockchain services to business users, giving those users the ability to navigate blockchain data or operate blockchain nodes.

The services will be quite similar to the blockchain services offered by Alibaba, Amazon and formerly Microsoft.

New reports from CNBC have revealed that former Citigroup executive James Tromans, who joined Google in 2019, will lead the blockchain team and report to Zavery.

Google Cloud previously announced its plans for the Digital Asset Team and voiced many of the same goals in January. At the time, Google was trying to find ways for customers to pay in crypto and take advantage of the variety of corporate services it offers. He said he was calling. It has also partnered with several blockchain projects, including EOS, Ontology, Chainlink, Theta Network, Hedera Hashgraph, and Dapper Labs blockchain Flow.

Google Cloud typically acts as a node operator, participating in blockchain management or providing ways to process data. In addition to these partnerships, Google cloud also began independently managing cryptocurrency datasets for blockchains like Bitcoin, Ethereum, and others in 2018.

Google Cloud last launched to BigQuery service in May 2021 Polygon (MATIC) added support for datasets.

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