Google Cloud is charting a course towards more Web3-centric products, with the aim of making its computing services the preferred option for industry firms and developers. This strategy aligns with the recent launch of a program designed to assist startups within the Web3 space.
According to James Tromans, Google Cloud Web3’s head, the tech behemoth’s cloud computing division will persist in developing services akin to its Blockchain Node Engine, aiming to enable customers to become transformative forces in the Web3 ecosystem. This goal has become a fundamental aspect of the business’s mission.
Tromans did not disclose any particular initiatives currently under development.
In addition to these efforts, Google Cloud will continue to provide on-chain datasets like Ethereum on BigQuery, Google’s serverless data warehouse.
Tromans stated in an email to Blockworks, “With these basic capabilities, our startups can accelerate their progress, focusing on their unique value propositions, and avoid recreating basic capabilities that are not specific to their business.”
Google Cloud is collaborating with entities concentrated on financial services and gaming to investigate how Web3 technologies can optimize their operations, and potentially unlock new business models and revenue opportunities.
The company is also concentrating on artificial intelligence (AI) — a field that some crypto companies are enthusiastic about. However, some remain uncertain about the potential applications of this technology within their business.