Google Cloud Partners With Coinbase to Accept Crypto Payments, Drive Web3 Innovation

2 years ago

Google Cloud Partners With Coinbase to Accept Cryptocurrencies, Drive Web3 Innovation

Google Cloud has announced a concern with Coinbase to thrust Web3 innovation that includes utilizing the crypto speech to judge cryptocurrency payments. “We are excited Google Cloud has selected Coinbase to assistance bring Web3 to a caller acceptable of users and supply almighty solutions to developers,” said Coinbase CEO Brian Armstrong.

Google Cloud Partners With Coinbase

Alphabet Inc.’s Google Cloud and the Nasdaq-listed crypto speech Coinbase announced Tuesday “a new, semipermanent strategical concern to amended service the increasing Web3 ecosystem and its developers.”

Under the agreement, Coinbase volition usage Google Cloud to physique its precocious exchange, turn information services, and process blockchain information astatine scale. The speech volition besides leverage Google’s fiber-optic web to heighten the planetary scope of its crypto services.

In addition, Coinbase volition physique its planetary information level connected Google Cloud’s infrastructure and leverage the net giant’s information and analytics technologies to supply Coinbase customers with instrumentality learning-driven crypto insights, the announcement details, elaborating:

As portion of the partnership, Google Cloud is positioned to alteration prime customers, starting with those successful the Web3 ecosystem, to wage for its unreality services via prime cryptocurrencies.

Moreover, Google’s Bigquery crypto nationalist datasets volition beryllium powered by Coinbase Cloud Nodes, crossed starring blockchains, accessible to Web3 developers.

Coinbase CEO Brian Armstrong commented: “We are excited Google Cloud has selected Coinbase to assistance bring Web3 to a caller acceptable of users and supply almighty solutions to developers … With much than 100 cardinal verified users and 14,500 organization clients, Coinbase has spent much than a decennary gathering industry-leading products connected apical of blockchain technology.”

Google Cloud CEO Thomas Kurian opined: “We privation to marque gathering successful Web3 faster and easier, and this concern with Coinbase helps developers get 1 measurement person to that goal.”

The announcement further notes:

Google volition usage Coinbase Prime, for organization crypto services, similar unafraid custody and reporting.

What bash you deliberation astir Google Cloud partnering with Coinbase? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.

View source