Coinbase Integrates with Google for Blockchain Insights

Coinbase, the prominent US cryptocurrency exchange, has partnered with Google Cloud to integrate its Chainbase Datasets with BigQuery, a significant move for blockchain innovation. This collaboration grants access to over 300 multi-blockchain datasets, streamlining the process for developers and businesses working with blockchain data. By leveraging Google’s data analysis capabilities, the integration offers enhanced tools for the analysis and development of blockchain-based applications.

What Does Chainbase Datasets Offer?

Announced at the Token2049 event in Singapore, the Chainbase Datasets are now compatible with Google BigQuery. Presented under the theme “AI and Web3: Building a Trusted Digital Future,” this initiative introduces dynamically updated datasets from Chainbase’s platform to BigQuery users. It is designed to support the real-time data needs of over 7 million developers and corporate users.

How Will Developers Benefit from This Integration?

Developers gain significant advantages by using BigQuery’s SQL-based querying capabilities to access and analyze blockchain data easily. Instead of crafting specific solutions for data management, developers can utilize pre-prepared datasets from Chainbase, simplifying the creation of blockchain-based smart applications. This integration facilitates more efficient project development.

Chainbase’s data infrastructure supports the development of over 10,000 products, with a thriving community of more than 20,000 developers. The collaboration with Google Cloud will expand its reach, increasing the potential for blockchain technology to gain broader adoption. This initiative is not only beneficial for developers but also accelerates blockchain technology integration on a wider scale.

Access to data through BigQuery, a platform supported by artificial intelligence, will enhance data analytics and reporting for businesses. This, in turn, supports more efficient blockchain project development, positioning the integration as a pivotal step in making blockchain data more accessible.

Key insights from the integration include:

  • Access to 300+ multi-blockchain datasets via Google Cloud.
  • SQL-based querying for simplified data analysis.
  • Support for over 10,000 developing products.
  • Engagement of more than 20,000 developers in the ecosystem.

This integration marks a crucial advancement in the accessibility and analysis of blockchain data, poised to drive innovation and adoption in the blockchain sector. The collaboration stands to significantly impact developers and businesses, streamlining their access to essential blockchain datasets and facilitating the development of more sophisticated applications.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Source: https://en.bitcoinhaber.net/coinbase-integrates-with-google-for-blockchain-insights