Google’s latest crypto feature allows some Ethereum wallet addresses to receive Ether (
Ethereum

point down
$1298

Balances are tracked directly from the Google search engine, saving you the hassle of traveling with Etherscan.

The feature was first announced by Google Ventures CEO Han Hua in an October 11 tweet.

But Cointelegraph’s attempt to search for Bitcoin (
BTC

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$19,135

) Mapping in Google is not detected. Angel investor Stephen Cole was unimpressed, tweeting, “Does Google know nothing about bitcoin?”

Cointelegraph also tried several different Ethereum addresses, most of which did not work. Therefore, at the moment the functionality is very limited and can be improved over time.

However, recent efforts show that Google is playing an important role in preparing Internet users for the world of blockchain and Web3-based services.

The new feature comes in addition to Google’s partnership with crypto exchange Coinbase on October 11 to allow customers to pay for cloud services in cryptocurrencies, which is expected to go into effect in early 2023.

Google also took part in the Ethereum integration hype by including a countdown line to when Ethereum moved from Proof of Work (PoW) to Proof of Stake (PoS).

Related: Near Protocol partners with Google Cloud to support Web3 developers

Markus Thielen, chief investment officer of digital asset services platform Matrixport, told Cointelegraph that we should not be surprised by Google’s efforts in the Web3 space, where both commercial banks and Web2 companies continue to do a huge amount of work in the background,” he added. :

“Obviously this crypto winter is different as incumbents continue to post their balance sheets [for crypto investment] and may overtake incumbents.”
But while Google’s efforts are welcome, Thielen believes the Web3 mass adoption event could happen “when the iPhone can be used as a crypto wallet.”

“If and when this happens, the cryptocurrency industry will accelerate from 100 miles per hour to 250 miles in an instant,” he added.

community reaction
Vittorio Rivabella, director of developer relations for the Web3 development platform Alchemy, said the news about Google’s new Ethereum address lookup feature was “optimistic.”

However, SadPanda.blockchain, former editor-in-chief of Web3ArtBlog.NFT, was not too pleased with the news, stating that Google would “sell our blockchain data to advertisers to target us through our wallet!”

Source: CoinTelegraph

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