Google Cloud launches another blockchain-related project.
Google Cloud, a suite of public cloud computing services offered by Google, has launched Google Cloud’s Blockchain Node Engine (BNE).
According to the blog post shared on October 27th, BNE allows Web3 companies to deploy smart contracts, relay transactions, and read or write blockchain data on Google Cloud.
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In its blog post, Google Could’s team noted that BNE is a “fully managed node-hosting service that can minimize the need for node operations,” making Google responsible for monitoring node activities or restraining them in the case of failure.
In a nutshell, a node is a computer with blockchain software used to validate and store transaction data on a blockchain network. “Nodes on a blockchain form a peer-to-peer network, constantly exchanging the latest blockchain data so that all nodes stay in sync.”
It is worth noting that initially, Google Cloud’s BNE will be available only for Ethereum nodes.
In its announcement, Google Cloud distinguished three main Blockchain Node Engine benefits: streamlined provisioning, secure development, and fully managed operations. The company emphasized that BNE makes syncing a full node fast and easy.
Moreover, “Blockchain Node Engine offers security configurations that can help prevent unauthorized access to the nodes.” Google employs a Virtual Private Cloud firewall and Cloud Armor to protect nodes from various attacks.
At the end of its announcement, the Google Cloud team noted:
We look forward to supporting organizations with a reliable, easy-to-use blockchain node hosting service so they can focus their time on innovating and scaling their Web3 applications.
Google Cloud has recently collaborated with BNB Chain to boost blockchain and Web3 startups. During the collaboration, both companies will aim to provide mentorship, foundational infrastructure, and cloud computing credits and enhance technical support for newly emerging blockchain and Web3 projects.
On the other hand, Google Cloud has joined forces with crypto exchange Coinbase to allow cloud service payments using cryptocurrency through Coinbase Commerce.