Google Cloud will form a team that will be responsible for developing various services for enterprise customers who want to use blockchain technology.
Google Cloud Blockchain Team Grows
Amit Zavery, vice president of Google Cloud, said the company wants to make the cloud platform the first choice of developers working in the Web3 sector. He also calls Web3 a “market that already shows enormous potential” and also indicates that customers need more support for Web3 and cryptocurrencies.
However, Zavery has made it clear that this section is not intended to be a direct part of the cryptocurrency trend, but rather to help companies adopt the blockchain technology within their business. Google Cloud therefore wants to offer blockchain-as-a-service to business users so that they can access blockchain data and run blockchain nodes themselves.
The service will be very similar to the services that other tech companies such as Alibaba, Amazon and Microsoft already offer. James Tromans, former Citigroup executive, joined Google in 2019 and will now lead the blockchain team under Zavery.
Google Cloud has been in the industry for some time
Google Cloud already announced plans in January for a Digital Assets team, many of whose goals for that department match the plans for the current blockchain department. Google then indicated that they were looking for ways for users to make cryptocurrency transactions. In addition, they had entered into several collaborations with blockchain projects such as EOS, Ontology, Chainlink, Theta Network, Hedera Hashgraph and Dapper Labs’ Flow blockchain.
Typically, Google Cloud acts as a node operatorjoin in blockchain governance or is it looking for ways to process data. In addition to all the collaborations, Google Cloud also started maintaining crypto datasets for blockchains such as Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies in 2018. One of the most recent developments took place in May of 2021. In this month, Google Cloud added Polygon (MATIC) to the datasets.