Crypto: Google Cloud launches first Web3 product in private view

Google Cloud this week announced the launch of a blockchain product, which is available in private view.

“This is the first time Google Cloud has launched a first party product for the Web3 developer community,” said James Tromans, director of Cloud Web3, Google Cloud, in an email to MarketWatch. “Before this, developers building on top of Google Cloud would have to manage the installation, maintenance, and operation of their own Ethereum node, which is a taxing overhead even for well established teams.”

Blockchain nodes support a lot of different use-cases, from submitting and deploying smart contracts, to monitoring and reacting to various blockchain transactions, said Tromans. “Whatever the customer use-case, they no longer have to worry about operating their node, freeing them up to focus on their unique value proposition and business activity.”

Earlier this year, the company announced it was launching a team dedicated to digital assets, and this new tool is a part of that effort.

Shares of Google parent Alphabet Inc.
GOOG,
+4.30%

GOOGL,
+4.41%

were up 4.5%, trimming their weekly decline to around 4.7%.

Share:

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

Latest News

Daily News on Investing, Personal Finance, Markets, and more!

Financial News

Financial News

Policy(Required)

Financial News

Daily News on Investing, Personal Finance, Markets, and more!

Financial News

Policy(Required)