Google Cloud ramps up blockchain efforts by launching digital assets team

Share This Post

The New Google Cloud team aims to accelerate customers’ efforts in the emerging blockchain and crypto spaces, a blog post explained.

Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.

A Thursday announcement by Yolande Piazza, Google Cloud’s VP Financial Services, said the firm has established a Google Cloud digital assets team that will assist clients in creating, trading, storing value and launching new products on blockchain-based platforms. The blog reads;

“This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow.”

The blog points to blockchain and distributed-ledger-based solutions like Hedera, Theta Labs, and Dapper Labs as examples of firms that have already implemented Google Cloud, adding that the Digital Assets Team will conduct a variety of activities in both the near and long term.

Dedicated node hosting/remote procedure call (RPC) nodes for developers; node validation and on-chain governance with some partners; assisting users and developers in hosting their nodes on the “cleanest cloud in the industry;” are some of the activities the team will carry out.

The announcement also reveals that, as the new team expands, it will be examining ways to allow Google Cloud customers to make and receive payments using cryptocurrencies.

Related: Gemini users can now buy Bitcoin with Apple Pay and Google Pay

This is not Google’s first foray into the crypto space. Google Cloud’s parent firm, Google, recently has hired a PayPal veteran to assist with the development of Google Pay as it continues to look towards the future and pursue crypto.

Google teamed up with Coinbase in June, allowing customers of the exchange to pay for items and services using Google Pay. In October, Google and Bakkt joined forces to allow customers of the exchange to spend their cryptocurrency through Google Pay.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume

Bitcoin spent the weekend trading within a relatively narrow range of $91,700 to $88,700, demonstrating robust price action Despite the lack of significant price movement, the consistent ability to

Crypto Market Watch: What to Expect from US Economic Indicators This Week

The post Crypto Market Watch: What to Expect from US Economic Indicators This Week appeared first on Coinpedia Fintech News This week is going to be one of the most eventful weeks in the US economic

Is XRP Ready to Skyrocket? Bitwise CIO Reveals Why XRP’s Full Potential is Still Untapped

The post Is XRP Ready to Skyrocket Bitwise CIO Reveals Why XRP’s Full Potential is Still Untapped appeared first on Coinpedia Fintech News XRP has been grabbing attention lately, and Bitwise Asset

CoinEx Charity Action Upgrade: The Global Launch of the Bridge to Hope

The post CoinEx Charity Action Upgrade: The Global Launch of the Bridge to Hope appeared first on Coinpedia Fintech News CoinEx Charity, the non-profit organization of the global leading

Top Altcoins to Watch This Week : Potential Gainers in the Spotlight

The post Top Altcoins to Watch This Week : Potential Gainers in the Spotlight appeared first on Coinpedia Fintech News The altcoin market is buzzing with activity as several key players show promise

Metaplanet Secures Over $11M in Bonds to Boost Bitcoin Holdings

Metaplanet, a company listed on the Tokyo Stock Exchange, has announced the issuance of about $1131 million (¥175 billion) in one-year bonds with a 036% interest rate, with the proceeds