Amit Zavery of Google Cloud reportedly informed staff in a letter on Friday that the firm intends to take advantage of the blockchain craze, and would be establishing a team to develop services for developers in the Web3 space.

Google Cloud is forming a team to develop services for blockchain developers, according to a CNBC <a href="https://www.cnbc.com/2022/05/06/googles-cloud-group-forms-web3-product-and-engineering-team.html" target="_blank" rel="nofollow noopener">report</a> on Friday. Zavery is quoted to state:
<blockquote>“While the world is still early in its embrace of Web3, it is a market that is already demonstrating tremendous potential with many customers asking us to increase our support for Web3 and Crypto-related technologies.”</blockquote>
The creators of Web3 pioneers have created a collection of decentralized and peer-to-peer solutions that they believe will become the next generation of the web. It's an alternative perception that challenges the current web, which is dominated by big businesses like Amazon, Google, and Facebook's owner Meta Platforms.

[embed]https://twitter.com/engadget/status/1522631408690282497[/embed]

According to Zavery, the company does not want to be part of the cryptocurrency wave directly. However, it is looking to be the leading infrastructure provider for the technology, he said.
<h2>Google Cloud showing keen interest in blockchain, Web3, and crypto</h2>
Google Cloud has been interested in blockchain technology for a while now. Google is taking another step to demonstrate its dedication to the industry by establishing an in-house team for Web3 tools. Following the surge in interest for non-fungible tokens, or NFTs, Google Cloud announced a<a href="https://www.cryptoknowmics.com/news/google-cloud-launches-new-digital-assets-team"> Digital Assets Team</a> to collaborate with customers in January. Additionally, the firm is said to be mulling over how to allow customers to make crypto payments.

James Tromans, a former Citigroup executive who joined Google in 2019, will head the product and engineering group. The team will integrate individuals from across Google who have worked on Web3 internally and independently, according to Zavery. The new team will operate under Google's cloud computing division, which partnered with Aptos Labs in April to allow businesses and developers to develop more easily on Google's infrastructure.

Despite the fact that Google trails Amazon and Microsoft in cloud computing, it is growing faster than its core advertising unit. The cloud division of Alphabet is experiencing the greatest growth in headcount, Alphabet's Ruth Porat recently said.

Google Cloud Reportedly Creates Team to Focus On Web3 Infrastructure

Google Cloud is reportedly forming a team to develop services for blockchain developers in the web3 space, according to a CNBC report on Friday.

Arnold is a crypto enthusiast who discovered Bitcoin in 2017. He was immediately drawn to the technology and its potential to revolutionize how we interact with the world. Arnold is passionate about all things cryptocurrency and tech, and he's looking forward to seeing how they will change the world for the better. When he's not writing about or researching cryptocurrency, Arnold enjoys hiking and spending time with his family.

Google Cloud Reportedly Creates Team to Focus On Web3 Infrastructure

Top Picks