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Google Cloud Launches New Blockchain-Focused Digital Assets Team

Google Cloud Launches New Blockchain-Focused Digital Assets Team

In a blog post, a Google Cloud representative announced its interest in building a team that would “underpin the blockchain ecosystems of tomorrow.”

On Thursday, January 27, Google Cloud posted a blog update announcing the department’s plans to develop a new team that would focus on blockchain technology and the implementation of cryptocurrencies.

Yolande Piazza, Google Cloud's VP Financial Services, spoke about the plans for the Digital Assets Team, stating that it would build on Google Cloud’s “existing work with blockchain developers, exchanges, and other companies in this space.”

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The team would provide support for customers looking into “building, transacting, storing value, and deploying new products on blockchain-based platforms.”

This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow. 

Piazza’s statement notes that several blockchain and distributed-ledger-based companies “have already chosen to build on top of Google Cloud for scalability, flexibility, and security,” naming Hedera, Theta Labs, and Dapper Labs as examples.

The goal of the Digital Assets Team will be to provide long- and short-term support for companies within the blockchain & digital assets sphere. Some of the initiatives were listed, like taking part in node validation, supporting on-chain governance, and hosting public BigQuery datasets on the Google Cloud Marketplace.

This is not the first crypto venture for Google. The parent company of Google Cloud recently hired former PayPal executive Arnold Goldberg to oversee the payments division, as it looks into pursuing crypto in the near future.

In June, Google joined forces with Coinbase, allowing transactions via the Coinbase Card on Google Pay services.

Earlier this week, BitDegree reported that Google was rumored to build its own blockchain unit. A leaked email revealed that the tech giant had plans for a unit that would be based on “blockchain and other next-gen distributed computing and data storage technologies.”

Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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