Bitcoin.com: Google Announces Blockchain Node Engine, Says Ethereum Will Be First Blockchain Supported - Bitcoin News

After unveiling its Google Cloud partnership with Alphabet Inc. and Coinbase, the holding company of the multinational technology conglomerate has announced the company Google Cloud Blockchain Node Engine. While more blockchains will be supported, Google said Ethereum will be the first blockchain supported by the Blockchain Node Engine. Google Announces Cloud-Based Blockchain Node Engine Alphabet Inc., also known as Google (Nasdaq: GOOGL), announced Thursday that it has newly launched the Google Cloud Blockchain Node Engine. Google decided to release the engine because we believe self-managed nodes are difficult to deploy and often require ongoing management. The Blockchain Node Engine product is a fully managed node hosting service available to cryptocurrency companies and Web3 service providers. The company further elaborated on Thursday that the new Node Engine service will support Ethereum, his second-largest cryptocurrency network by market capitalization. Ethereum will be the first blockchain supported by the Blockchain Node Engine, allowing developers to provision secure blockchain access to fully managed Ethereum nodes, the company said in a recently published blog post. increase. The news follows recent partnerships between Google and Coinbase to drive innovation for Web3. With the latest blockchain engine products, Web3 companies requiring dedicated nodes can relay transactions, smart Can deploy contracts, read or write blockchain data. Additionally, Blockdata research shows that Google is one of the top investors in blockchain technology, with investments in companies like Fireblocks, Digital Currency Group (DCG), Dapper Labs, and Vultage. . The tech giant's foray into the world of decentralized finance (defi) and his Web3 was revealed last May when he formed the Web3 team within his unit Cloud. A Google spokesperson said at the time that it was providing technology for companies to use and take advantage of the distributed nature of Web3 in today's businesses and enterprises. According to the latest Node his engine offering announcement, the service aims to provide streamlined provisioning, secure development, and fully managed operations. By reducing the need for a dedicated Devops team and offering Google Cloud's service level agreement (SLA), Blockchain Node Engine will allow teams to focus on users rather than infrastructure, Google's blog post says. I'm wrapping up. We look forward to supporting your organization with our reliable and easy-to-use blockchain node hosting service, allowing you to focus your time on innovating and scaling your Web3 applications. This story is tagged Bitcoin, Coinbase, coinbase web3, Crypto, Cryptocurrency, Dapper Labs, Digital Currency Group (DCG), Fireblocks, Google, Google accept crypto, Google blockchain, Google Cloud, Google Cloud Coinbase, Google Cloud Coinbase partners , Google Cloud Crypto, Google Cloud Cryptocurrency, Google Cloud web3, Google Cryptocurrency, Google web3, Node, Node Services, Vultage, Web3 What do you think of Google's Blockchain Node Engine product? Let us know your thoughts on the matter in the comments section below. Jamie Redman Jamie Redman is a news lead for Bitcoin.com News and a financial technology journalist based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about disruptive protocols currently emerging. 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