Google Cloud Forms Web3 Team Focusing on Blockchain

Google Cloud builds a blockchain-focused web3 team to provide “blockchain”service to businesses.

Google Cloud decided to create a team whose task will be to develop services for companies wishing to take advantage of blockchain technologies. Google Cloud is looking to join the ranks of its blockchain team. In an email, Vice President Amit Zaveri said the platform is set to become the best choice for developers working on the web,3 “a market that is already showing great potential.”

Google Cloud builds blockchain-focused web3 team

Amit Zaveri clarified in a statement to CNBC that the division “does not attempt to directly engage in crypto.” It will provide companies with access to blockchain technologies. In other words, the division will provide blockchain as a service to businesses, allowing them to view blockchain data or manage nodes. The services will be similar to those already offered by tech giants such as Alibaba, Amazon, or, at one time, Microsoft, which offered Azure blockchain services until last year. According to a CNBC report, former Citigroup chief executive James Tromance, who joined Google in 2019, will lead this blockchain team and report directly to Amit Zaveri.

offer blockchain as a service to companies

Previously, Google Cloud revealed its plans for a digital asset team and expressed many of the same goals last January. At the time, the Mountain View firm said it wanted to find ways for customers to make cryptocurrency payments, as well as many other business services. He has collaborated with several blockchain projects including EOS, Ontology, Chainlink, Theta Network, Hedera Hashgraph, and Dapper Labs’ Flow blockchain.

Typically, Google Cloud acts as a node operator, participates in blockchain governance, or offers data management solutions. In addition to these partnerships, since 2018, Google Cloud has also started independently managing cryptographic datasets for blockchains such as Bitcoin, Ethereum, and others.

Most recently, in May 2021, Google Cloud added support for Polygon (MATIC) data to its BigQuery service.