Google’s cloud division is forming a team that will create services for developers focused on blockchain applications, CNBC has reported citing Google Cloud Vice President Ameet Zaveri.
According to him:
“While the world is just beginning to embrace Web 3.0, this market is already showing great potential, with many clients asking us to increase our support for the crypto-related sector and technologies.”
Google plans to offer enterprise customers back-end services that provide access to distributed ledger technology. However, the company does not want to “be part of the cryptocurrency wave directly.”
He has explained Google will develop a system that will simplify the process of creating and running blockchain nodes for validating and registering transactions. Zaveri has added that the tool can be used in third-party computing environments like Amazon Web Services.