Google Cloud ramps up blockchain efforts by launching digital assets team

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Blockchain, cryptocurrency and decentralized technologies are great topics that have been discussed for almost a decade. Nowadays, everyone wants to be a part of the latest innovations.

On Thursday, Yolande Piazza, VP of Financial Services at Google Cloud, revealed that the company has created a Google Cloud Digital Assets team to help customers build, trade, store value and launch new products on blockchain-based platforms. you read a blog;

“This new team will enable our customers to accelerate their efforts in this new field and help strengthen blockchain ecosystems in the future.”

The blog points to blockchain and distributed residual control solutions such as Hedera, Theta Labs and Dapper Labs as examples of companies that have already used Google Cloud, and adds that the team for digital assets will pursue various activities in the short and long term. .

Hosting dedicated nodes / RPCs for developers, validating nodes and managing the chain with some partners, and helping users and developers host their nodes on “the cleanest cloud in the industry” are some of the activities the team will do.

The announcement also says that as the new team expands, it will explore 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 attempt at crypto. Google, the parent company of Google Cloud, recently hired a PayPal expert to help develop Google Pay as it continues to look ahead and use cryptocurrencies.

In June, Google entered into a partnership agreement with Coinbase, which allowed the exchange’s customers to pay for goods and services using Google Pay. In October, Google and Bakkt joined forces to allow listed customers to use their cryptocurrency through Google Pay.

Source: CoinTelegraph

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