Google Cloud Platform is assembling a dedicated Web 3 team to take advantage of cryptocurrency and blockchain technology. The Cloud Computing Services Suite says its new Web 3 team will focus on building services for developers running blockchain applications. In addition, the team will also offer blockchain services for companies and customers who want to use the technology. The new Google Cloud Web 3 division, to be led by former Citigroup executive James Tromans, already has a strong roadmap. These include better management of blockchain nodes, as well as software to examine blockchain data in third-party applications.
Amit Zavery, vice president at Google Cloud, commented on Google Cloud’s Web 3 group in a company email (via CNBC): “While the world is still in its infancy of Web 3, it’s a market that’s already emerging as a Showing tremendous potential as many customers ask us to increase our support for Web 3 and crypto-related technologies.”
In addition, Zavery stated that the plan is to make Google Cloud Platform the first choice for developers. Furthermore, the VP reinforced this statement in a media session, stressing the new group’s “supportive role” in the development of crypto.
The services offered by Web 3 Group will be similar to those already offered by big tech companies like Alibaba and Amazon. Microsoft also previously offered blockchain services until the software giant ended its Azure blockchain services last year. As it stands, Google Cloud will inevitably compete with Alibaba and Amazon for market share in cloud infrastructure services.
It’s also worth noting that in January, Google Cloud announced plans for a digital assets team to work with its customers. This came after the explosive growth of non-fungible tokens (NFTs), and at the time Google was investigating crypto payment options.
Some of the blockchain-focused companies that Google has partnered with are Chainlink, Ontology, EOS, Theta Network, and Hedera Hashgraph. In addition, the tech company has also been working on a blockchain project using Dapper Labs Flow blockchain.
https://gadgets360.com/cryptocurrency/news/google-web-3-decentralised-app-development-infrastructure-alibaba-amazon-2959702 The Google Forms Web 3 team supports developers of next-generation apps with the necessary infrastructure