Google Cloud is constructing a Web3 team, providing blockchain services to enterprises

Google Cloud is creating a team tasked with developing services for enterprise customers looking to leverage blockchain technology.

Google Cloud forms Web3 team with a blockchain focus

Google Cloud is looking to add personnel to its blockchain team

In an email, Google Cloud Vice President Amit Zavery said that the company’s cloud platform aims to be the top choice for developers working in Web3. He calls Web3 a market with huge potential and says customers are asking for more support for Web3 and cryptocurrencies.

Zavery clarified in a statement to CNBC that the department is not trying to be part of the cryptocurrency wave directly. Instead, it is giving companies access to blockchain technology. In other words, the division will provide blockchain services to business users, giving those users the ability to navigate blockchain data or run blockchain nodes.

The services will be similar to those offered by big tech companies like Alibaba, Amazon and formerly Microsoft – the latter of which ended its Azure blockchain services last year.

Reports from CNBC today also indicate that former Citigroup executive James Tromans, who joined Google in 2019, will lead the blockchain team and report to Zavery.

Google Cloud previously revealed plans for the Digital Asset Team and expressed many of the same goals in January. At the time, Google said it was looking for ways for customers to make payments in crypto as well as take advantage of the various enterprise services it offers. It has also partnered with several blockchain projects, including EOS, Ontology, Chainlink, Theta Network, Hedera Hashgraph, and Dapper Labs blockchain Flow.

Typically, Google Cloud acts as a node operator, participating in blockchain governance or providing ways of handling data. In addition to those partnerships, the Google cloud also began independently managing cryptocurrency data sets for blockchains like Bitcoin, Ethereum, and others in 2018.

Most recently, Google Cloud added Polygon (MATIC) datasets support to its BigQuery service in May 2021.

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