Google Cloud Launches Blockchain Node Engine.

Google has launched a cloud-based Blockchain Node Engine that will help self-manage nodes. The Silicon Valley giant says that its node engine can be used by crypto companies to relay transactions, deploy smart contracts, and read or write blockchain data with “reliability, performance, and security” they expect from Google.

Google Cloud Launches Blockchain Node Engine.

On Thursday, Google announced the launch of its Cloud Blockchain Node Engine. The blockchain engine was developed with the purpose of “self-managing nodes”, which are often very difficult to deploy and require constant management. The tech giant says its Blockchain Node Engine is a fully-managed node-hosting service that can be leveraged by crypto companies and Web3 service providers alike.

 

Web3 companies who require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud compute and network infrastructure,” explained the company in a blog post.

 

Ethereum will be the first blockchain to be supported by Google’s Cloud Blockchain Node Engine. The engine will give Web3 developers access to fully managed Ethereum nodes with “secure blockchain access”.

 

This follows recent developments by the SIlicon Valley giant in its Web3 innovation drive. In October, Google announced a strategic partnership with Coinbase to integrate services like crypto payments solutions for its cloud services and utilize Coinbase’s institutional-grade custody service for digital assets held by the company. Google is one of the largest proponents of blockchain technology having invested in popular Web3 firms including Dapper Labs, Fireblocks, Digital Currency Group (DCG) and Vultage.

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