Google Cloud is building a blockchain-focused web3 team to deliver blockchain-as-a-service to businesses.
Google Cloud has decided to set up a team whose mission will be to develop services for companies looking to take advantage of blockchain technologies. Google Cloud is looking to expand the ranks of its blockchain team. In an email, Vice President Amit Zavery said the platform aims to become the first choice for developers working on the web3, “a market that already shows immense potential”.
Google Cloud builds blockchain-focused web3 team
Amit Zavery clarified in a statement to CNBC that the division “is not trying to be part of the crypto wave directly”. 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 browse blockchain data or operate nodes. The services will be similar to what tech giants like Alibaba, Amazon or, once upon a time, Microsoft – which until last year offered Azure blockchain services – already offer. According to the CNBC report, former Citigroup executive James Tromans, who joined Google in 2019, will lead this blockchain team and report directly to Amit Zavery.
to offer blockchain-as-a-service to companies
Google Cloud previously revealed its plans for a Digital Assets Team and expressed many of the same goals last January. At that time, the Mountain View firm said it wanted to find ways for customers to make crypto payments as well as take advantage of many other business services. He had collaborated with several blockchain projects, including 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 offers solutions to manage data. In addition to these partnerships, Google Cloud has also started independently managing crypto datasets for blockchains like Bitcoin, Ethereum and others since 2018.
Most recently, in May 2021, Google Cloud added support for Polygon (MATIC) data to its BigQuery service.