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Google Cloud Increased Blockchain Support Via Forming New Crypto Assets Team

By Natalie Wu | February 3, 2022

The new Google Cloud team is reportedly planning to double down on its customers’ efforts in the emerging blockchain and crypto spheres. 

Specifically, blockchain, cryptocurrency, and decentralized tech have been areas attracting increasing interest for the past ten years, with almost anyone wanting to hop aboard the cutting-edge innovations train. 

In that sense, Google Cloud’s vice president of Financial Services, Yolande Piazza, reportedly revealed details of an initiative from the company to form a Google Cloud Digital Assets Team, dedicated to supporting its customers, in terms of creating, trading, storing value, and introducing new offerings built upon blockchain platforms. 

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

Blockchain and distributed-ledger-powered solutions such as Hedera, Theta Labs, and Dapper Labs are reported instances showing the company’s implementation efforts of the Google Cloud, further claiming that the Digital Assets Team will carry out different activities in both the near and long haul.

A few nominal activities the team is aiming to conduct reportedly include Dedicated node hosting/remote procedure call (RPC) nodes for developers, node validation and on-chain governance with some partners, and assisting users and developers in hosting their nodes on the “cleanest cloud in the industry”. 

The announcement additionally suggested that, following the expansion of the new team, it plans to carry out examinations to different measures that support Google Cloud customers to make and receive crypto-enabled payments.

Google has reportedly established its presence across the crypto sphere in the past already. Google’s parent company, Google, reportedly onboarded a former PayPal expert to help with the design of Google Pay, as it makes strides towards pursuing crypto.

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