Google Exploring Blockchain Products — CEO Shares Web3 Strategies

2 years ago

Google Exploring Blockchain Products, CEO Shares Web3 Strategy

Google has shared immoderate details of its web3 and blockchain strategies. “As a company, we are looking astatine however we mightiness lend to the ecosystem and adhd value,” said Sundar Pichai, the CEO of Google and its genitor company, Alphabet Inc.

Google’s Web3 and Blockchain Strategies

The CEO of Alphabet Inc. and its subsidiary Google, Sundar Pichai, shared immoderate accusation connected the group’s blockchain strategy during the company’s Q4 net telephone past week.

Pichai was asked astir his presumption connected web3 and Alphabet’s attack to the industry. “Anytime determination is innovation, I find it exciting,” the Google CEO began, elaborating:

On web3, we are decidedly looking astatine blockchain, and specified an absorbing and almighty exertion with wide applications, truthful overmuch broader, again, than immoderate 1 application.

“As a company, we are looking astatine however we mightiness lend to the ecosystem and adhd value,” helium continued, adding:

Just 1 example, our Cloud squad is looking astatine however they tin enactment our customers’ needs successful building, transacting, storing value, and deploying their products connected blockchain-based platforms.

“So we’ll decidedly beryllium watching the abstraction intimately and supporting it wherever we can. Overall, I deliberation exertion volition proceed to germinate and innovate and we privation to beryllium pro-innovation and attack it that way,” the CEO opined.

Google’s Cloud part precocious formed a radical to physique concern astir blockchain applications. Richard Widmann, caput of strategy for integer assets astatine Google’s Cloud unit, said the radical plans to prosecute a slew of radical with blockchain expertise. “We deliberation that if we bash our jobs right, it volition thrust decentralization,” helium was quoted by the media arsenic saying.

The enforcement added that Google is presently considering what types of services it tin connection straight to developers successful the blockchain space. Thomas Kurian, Google’s unreality CEO, has identified a fig of areas, including retail and wellness care.

Shivakumar Venkataraman, an engineering vice president for Google, is present moving a portion focused connected “blockchain and different next-gen distributed computing and information retention technologies,” Bloomberg reported past week.

What bash you deliberation astir Google’s web3 and blockchain strategies? 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.

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