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Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
Google is unrolling another web3 infrastructure tool this week.

Google Unveils New Blockchain Node Engine

Taylor Scott
by Taylor Scott
2 years ago
·
Posted in Breaking News, Breaking News Ticker, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Google is rolling out a new blockchain node engine for web3 devs this week, according to a press release on Thursday.

This latest initiative from the powerhouse tech firm reflects a continued investment into web3 infrastructure, and looks to be another stepping-stone ‘win’ for the company in building goodwill with web3 developers.

What It Is & What It Means

The press release serves as the first formal announcement for Google Cloud’s Blockchain Node Engine, which will start with Ethereum node management.

The engine is expected to be a “fully managed node-hosting service,” allowing devs to spend more time building product and less time managing their nodes – which keep blockchain infrastructures healthy and afloat.

The engine positions three pillar value propositions: streamlined provisioning (i.e., easier node deployment), secure development, and fully managed operations. The engine is expected to serve customers large and small, but it remains to be seen what chains could be supported beyond Ethereum in the future.

Related Reading: Crypto Market Retakes $1 Trillion Territory As Bitcoin Shows Renewed Strength

Google (GOOG) has not seen any favorable price action in it's stock price following it's latest web3 infrastructure news. | Source: NASDAQ:GOOG on TradingView.com

Google Continues It’s Web3 Push

The search engine turned tech behemoth continues to show that it’s positioning in web2 can serve as substantial leverage in integrating with web3 technologies.

Look no further than some of Google’s recent moves, which include securing a Coinbase partnership for cloud-based crypto payments and investing billions of dollars into crypto-native companies over the past year alone. While Google has performed fairly well in it’s web3 integration efforts, not all powerhouse web2 tech companies can say the same.

Nonetheless, expect this latest news to serve as another major pillar for the firm’s continued web3 push.

Related Reading: Singapore Monetary Authority Plans To Ban Crypto Credits, But Why?
Featured image from Pixabay, Charts from TradingView.com

The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.
This op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Taylor Scott

Taylor Scott

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Taylor specializes in crypto activity across sports and entertainment. With nearly a decade of engagement with cryptocurrency, Taylor has spent several years working in talent representation with musicians, comedians, and speakers, and achieved a Sports Business MBA in 2020.

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