Google Cloud Forms Web3 Team With Blockchain Focus

Key Takeaways

  • Google Cloud is reportedly setting up a Web3 group that may deal with offering blockchain companies to enterprises.
  • VP of Google Cloud Amit Zavery confirmed particulars of the division’s plans to CNBC, which reported the information at this time.
  • The division beforehand introduced particulars in January and has partnered with blockchain initiatives lately.

Google Cloud is making a group tasked with growing companies for enterprise shoppers looking for to leverage blockchain expertise.

Cloud Blockchain Team Is Growing

Google Cloud is looking for so as to add personnel to its blockchain group.

In an e mail, Google Cloud VP Amit Zavery stated that the corporate’s cloud platform goals to develop into the primary alternative for builders working in Web3. He referred to as Web3 a “market that is already demonstrating tremendous potential” and stated that prospects are requesting higher help for Web3 and cryptocurrency.

Zavery clarified in a press release to CNBC that the division is “not trying to be part of [the] cryptocurrency wave directly.” Instead, it’s offering firms with entry to blockchain expertise. In different phrases, the division will present blockchain-as-a-service to enterprise customers, giving these customers the power to navigate blockchain knowledge or run blockchain nodes.

The companies will likely be much like these provided by large tech firms reminiscent of Alibaba, Amazon, and, previously, Microsoft—the latter of which ended its Azure blockchain companies final yr.

Reports from CNBC at this time additionally point out that former Citigroup government James Tromans, who joined Google in 2019, will lead the blockchain group and report back to Zavery.

Google Cloud’s Previous Efforts

Google Cloud beforehand revealed plans for a Digital Assets Team and expressed lots of the similar targets in January. At that point, Google stated it was methods for purchasers to make crypto funds in addition to benefit from the varied different enterprise companies it provided. It has additionally collaborated with a number of blockchain initiatives, together with EOS, Ontology, Chainlink, Theta Network, Hedera Hashgraph, and Dapper Labs‘ Flow blockchain.

Typically, Google Cloud serves as a node operator, participates in blockchain governance, or gives methods to deal with knowledge. In addition to these partnerships, Google cloud additionally started to independently handle crypto datasets for blockchains reminiscent of Bitcoin, Ethereum, and others in 2018.

Most lately, Google Cloud added help for Polygon (MATIC) datasets to its BigQuery service in May 2021.

Disclosure: At the time of writing, the creator of this piece owned lower than $100 of BTC, ETH, and different cryptocurrencies.

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