Blockchain

Google Cloud steps up blockchain efforts by launching digital assets team

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Blockchain, cryptocurrencies, and decentralized technologies are all fascinating topics that have been heating up for the past decade. Today, everyone wants to be part of cutting-edge innovation.

a thursday announcement Yolande Piazza, vice president of Google Cloud Financial Services, said the company has established a Google Cloud Digital Assets team that will assist customers in creating, transacting, storing value and launching new products on the blockchain-based platform. blog says;

“This new team will enable our clients to accelerate their efforts in this emerging field and help solidify the blockchain ecosystem of the future.”

The blog cited blockchain and distributed ledger-based solutions such as Hedera, Theta Labs, and Dapper Labs as examples of companies that have already implemented Google Cloud, adding that the Digital Assets team will be working on various activities in the near and long term.

Dedicated node hosting/remote procedure call (RPC) node for developers; node validation and on-chain governance with a number of partners; assists users and developers to host their nodes on the “cleanest cloud in the industry”; this is where the team will some of the activities carried out.

The announcement also revealed that, as the new team expands, it will look into 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 isn’t Google’s first foray into encryption.Google Cloud’s parent company, Google, recently Hired a PayPal veteran Assist in the growth of Google Pay as it continues to look to the future and pursue cryptocurrencies.

Google partners with Coinbase In June, customers of the exchange were allowed to use Google Pay to pay for goods and services. in October, Google and Bakkt join forces Allows customers of the exchange to spend their cryptocurrencies through Google Pay.