Google Cloud is reportedly putting together a team to create services for developers looking to build blockchain applications and other Web3 tools.
According to an email from Google Cloud Vice President, General Manager and Chief Platform Officer Amit Zavery, seen by CNBC, the search giant wants Google Cloud Platform to be the first choice for developers working in this emerging field.
Although the world is just beginning to adopt Web3, Zavery noted that this is already a market with great potential and the company's customers have asked it to increase support for Web3 and cryptographic technologies.
According to a recent survey of 595 Stack Overflow developers, 85% of participants have yet to build apps or software using blockchain. However, with Google Cloud set to make it easier for developers to build Web3 applications and services using its tools, that may change soon.
In a bid to gain an advantage over AWS, Microsoft Azure, and even Alibaba Cloud in the ongoing cloud wars, Google wants to offer back-end services to developers interested in building their own Web3 software.
In an interview with CNBC, Zavery said that the company is not trying to be a direct part of the cryptocurrency wave and instead wants to provide technologies that businesses can use so they can take advantage of the distributed nature of the Web3 cryptocurrency for themselves. .
Zavery also told the outlet that Google could come up with a system that other companies could use to make it easier for end users to explore and access blockchain data. At the same time, the company wants to simplify the process of creating and running blockchain nodes to validate and record transactions.
While blockchain first became popular alongside the rise of Bitcoin and other cryptocurrencies, blockchain applications are quickly becoming mainstream in industries like financial services and retail, where a large public ledger could be the perfect solution for recording and storing transactions.
We'll have to wait for Google Cloud to officially announce its new Web3 team, but the mere fact that the company is working on building services to help developers build Web3 applications could give the next version of the Internet a big boost.
via CNBC