Amid crypto hype, Google’s cloud unit creates Web3 team
The decentralized space continues its expansion and major brands are adopting Web3 tools, including Google’s cloud unit. Google’s cloud unit announced on Friday the formation of an internal team that will build services for blockchain developers and those running blockchain-based applications. This comes amid an explosion of interest, activity and adoption of crypto and Web3 tools from traditional sectors of the economy.Web3 infrastructure of the futureVice president at Google Cloud, Amit Zavery, reportedly told his team in an email on Friday of the aim to make the Google Cloud platform....
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Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises.” Google Creating Web3 Team Within Cloud Unit Google’s cloud unit is creating a team to build services for developers who are composing their own Web3 software and running blockchain applications, CNBC reported Friday. Amit Zavery, a....
Google’s cloud computing division recently announced that it is establishing a new unit that will build tools to support Web3 developers. This support to blockchain developers and blockchain-based applications comes after a mounting interest in the world of crypto, along with growing activity in the space and adoption of Web3 tools within the traditional sectors […]
While Google’s feature appears to be a good thing for crypto adoption, a CIO says a move from Apple would make the “crypto industry go from 100 miles an hour to 250 miles in a heartbeat.” Google’s latest crypto feature enables some Ethereum wallet addresses to have their ETH balances tracked straight off of the Google search engine — saving the need to make the trip to Etherscan. The feature was first made public by the Principal of Google Ventures Han Hua in an Oct. 11 Twitter post.Well done, blockchain address is now available in Google Search! pic.twitter.com/7IuKv1gddR— Han⚡️....
The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.” In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency.On Wednesday, the Google team said out of 50 analyzed incidents that compromised the Google Cloud Protocol, 86% were related to crypto mining. The hackers used the compromised Cloud accounts to access resources from individuals’ CPUs or GPUs to mine tokens or....
GFT Technologies, an IT service provider for the banking industry, has revealed it will be testing blockchain technology on Google’s Cloud Platform. GFT Believes Google’s Cloud Service Will Help Them Promote Distributed Ledger Tech. The Stuttgart-based GFT is an IT provider and business consulting service for European banks. The company has announced its....