Google Cloud shifts its focus to the blockchain technology

Google Cloud is making a team tasked with developing services for enterprise shoppers seeking to leverage blockchain technology. VP of Google Cloud Amit Zavery confirmed details of the division’ plans to CNBC, which reported the news today. The division antecedently declared details in Jan and has partnered with blockchain in recent years. Google Cloud is seeking to feature personnel to its blockchain team.

Growing blockchain team at Google Cloud

In an email, Google Cloud VP Amit Zavery affirmed that the company’s cloud platform aims to become the primary selection for developers operating in Web3. He is known as Web3 a “market that’s already demonstrating tremendous potential” and aforesaid that customers are requesting bigger support for Web3 and cryptocurrency.

Zavery explained in a statement to CNBC that the division is “not making an attempt to be a part of [the] cryptocurrency wave directly.” Instead, it’s providing firms with access to blockchain schoolnology. In alternative words, the division can offer blockchain-as-a-service to enterprise users, giving those users the flexibility to navigate blockchain information or run blockchain nodes.

The services are going to be the same as those offered by huge tech companies adore Alibaba, Amazon, and, formerly, Microsoft—the latter of which finished its Azure blockchain services last year.

Reports from CNBC these days also indicate that former Citigroup govt James Tromans, who joined Google in 2019, can lead the blockchain team and report back to Zavery.

Web3.0 efforts are not new

Google Cloud antecedently unconcealed plans for a Digital Assets Team and expressed several of identical goals in January. At that time, Google aforesaid it had been observing ways in which for purchasers to create crypto payments in addition as cash in of the varied alternative enterprise services it offered. it’s conjointly collaborated with many blockchain projects, as well as EOS, Ontology, Chainlink, Theta Network, Hedera Hashgraph, and dashing Labs‘ Flow blockchain.

Typically, Google Cloud is a node operator, participates in blockchain governance, or provides ways in which to handle data. In addition to those partnerships, Google cloud also began to severally manage crypto datasets for blockchains adore Bitcoin, Ethereum, et al in 2018.

Most recently, Google Cloud supports two-dimensional figure (MATIC) datasets to its BigQuery service in 2021.