After unveiling its Google Cloud partnership with Alphabet Inc. and Coinbase, the multinational technology conglomerate holding company has announced its “Google Cloud Blockchain Node Engine.” More blockchains will be supported, but Google says Ethereum will be the first blockchain supported by Blockchain Node Engine.
Google Announces Cloud-Based Blockchain Node Engine
Alphabet Inc., aka Google (Nasdaq: Google), revealing new facts about the company launch Google Cloud Blockchain Node Engine on Thursday. Google decided to release the engine because we believe that self-managed nodes are difficult to deploy and often require ongoing management.
The Blockchain Node Engine product is a “fully managed node hosting service” that can be leveraged by cryptocurrency companies and Web3 service providers. The company further elaborated on Thursday that the new Node Engine service will support Ethereum, his second-largest cryptocurrency network by market capitalization.
“Ethereum will be the first blockchain to be supported by the Blockchain Node Engine, allowing developers to provide secure blockchain access to fully managed Ethereum nodes,” the technology company recently disclosed. said in a blog post.
News is Google’s recent partnership Partner with Coinbase to drive innovation for Web3. Our latest Blockchain Engine offering enables “Web3 companies requiring dedicated nodes to relay transactions, smart contracts, and more, all with the reliability, performance, and security they expect from Google Cloud’s computing and networking infrastructure.” , and read or write blockchain data.”
moreover, block data research With investments in companies such as Fireblocks, Digital Currency Group (DCG), Dapper Labs, and Vultage, Google proves to be one of the top investors in blockchain technology. The tech giant entered the world of decentralized finance (defi) and his Web3 clearly Last May, the Web3 team was formed within the company’s cloud unit.
A Google spokesperson said at the time, “We are providing technology that enables enterprises to take advantage of and leverage the distributed nature of Web3 in their current businesses and enterprises.” aims to provide “streamlined provisioning”, “secure development” and “fully managed operations”.
“By reducing the need for a dedicated Devops team and offering Google Cloud’s Service Level Agreement (SLA), Blockchain Node Engine allows teams to focus on their users, not their infrastructure,” Google’s blog post is closing. We look forward to supporting your organization with our reliable and easy-to-use blockchain node hosting service, allowing you to focus your time on innovating and scaling your Web3 applications.
What do you think of Google’s Blockchain Node Engine product? Let us know your thoughts on the matter in the comments section below.
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