If you don’t know what a blockchain is, it’s a permanent, unchangeable, decentralized, and autonomous chain that records all transactions on a digital ledger that holds financial information, personal data, and contracts. It’s believed by many that this technology would be a considerable threat to GAFA. However, Google has adapted quickly to remain one of the leading players. Let’s explore how Google has proven that it’s pro-blockchain.
Blockchain is changing the world at an impressive rate. Not too long ago, major technology companies like GAFA (Google, Amazon, Facebook, and Apple) had to change and adapt to blockchain technology or go bust. Many people today use cryptocurrencies (with blockchain technology) to pay for online services, such as gaming loot.
That being said, despite crypto being an online payment, these types of online transactions via alternative payment methods aren’t new. Digital wallets have been in the game for a long time. Online casino fans who log in to play slots jackpot casino know they have many alternative options to deposit and withdraw funds with. As such, while crypto is a new option, it goes to show that blockchain doesn’t offer anything new in this domain. Nonetheless, the means of doing it is a little different.
An Established Dedicated Assets Cloud Team
The company has established a dedicated team to manage digital assets in the Google Cloud for Web3 environment. The company has communicated that blockchain technology influences consumers and value creation considerably.
As blockchain becomes more mainstream, companies will require more secure and sustainable platforms to support their business protocols and data. The dedicated Google Cloud team is supporting customers with their ever-changing needs. The team is dedicated to enabling customers to help establish blockchain systems.
Below are the key initiatives the team is undertaking:
- Explore new opportunities for Google Cloud clientele to complete crypto transactions.
- Providing a remote procedure call (RPC) service to customers.
- Assisting developers in hosting their nodes on a ‘clean’ cloud environment with the appropriate governance procedures.
- Participating in the marketplace by hosting several datasets in public Big Query.
- Developing Google Cloud so that it may be fully integratable with blockchain technologies and traditional enterprise technologies.
Also Read: Who Uses Node.js and What Makes It the Best Choice
The Benefits of the Web3 Blockchain Node Engine
There are many benefits to organizations when employing the Web3 blockchain node engine. It must be mentioned that Ethereum is the first blockchain supported by this node engine, where developers have been given full and secure access to create or provision new nodes. Solana is under development and will be added soon.
Streamlining Deployments
To manually deploy a new node is time and labor-intensive. This process involves making a provision to compute the node, installing an Ethereum client (geth) required to build decentralized apps), and then waiting for the node to sync into the network.
With the help of the blockchain node engine embedded in the Google Cloud, this process is significantly faster, and developers can quickly deploy new nodes within any or desired space on the blockchain.
Increased Security
The node engine in the blockchain enhances security by providing configurations that prevent breaches or unauthorised access to the nodes on the blockchain. All nodes are placed behind a cloud firewall that’s virtual and private. The design allows only authorised devices to communicate with the blockchain endpoints.
Dedicated Support
Google’s dedicated development and operations (DevOps) team continuously monitors the blockchain and is on standby to address any problems that may occur during outages. The team is dedicated to providing around-the-clock support and availability.
The Google Cloud technology is programmed to restart automatically should any outages occur. Google offers a Cloud Service Level Agreement blockchain engine node service that guarantees a service that focuses on infrastructure.
Summary: Google’s Approach
Google has critical principles in applying its Cloud technology to customers within a blockchain marketplace. Consistency with Google’s Cloud core enterprise and business should always be maintained. Second, the company always applies governance to create and maintain customer trust. Lastly, the company will maintain a network-agnostic approach at all times to give users options at all that’ll benefit them.
