Companies aiming to take community building to greater levels and position themselves for the future show a lot of interest in Web3 and Blockchain technologies. For example, Google Cloud has announced the formation of a new team focused on the new frontier.
As per CNBC, Google will create a Web 3 team in its Cloud Computing division. The new group will provide services for developers working on blockchain and Web 3 apps.
Vice president Amit Zavery said in an email to Google Cloud workers that the objective is to make the Google Cloud computing service favorable. Zavery said in the mail:
“While the world is still early in adopting Web3, it is a market with immense promise, with many clients requesting us to expand our support for Web3 and Crypto-related technologies.”
Zavery told CNBC that the company was not trying to go into the Web 3 area directly but rather to offer the essential backend infrastructure for the young industry’s developers. The fresh attempt comes as Google continues to lag behind Amazon in cloud computing market share.
As per Zavery, Google expects that the project will make blockchain records more available to the general public in the future while also simplifying the process of constructing blockchain nodes and transaction validation simpler. He also said that the tools they’ll create would work with various cloud computing platforms.
Google’s latest project follows its January vow to create for the fledgling industry. During the same period, the company’s cloud business said that it would accept cryptocurrency payments in the future.
Google, on the other hand, isn’t the only major tech business aiming to embrace and expand on Web 3. In a document released in December, Andrew Bosworth, Meta CTO, aggressively urged personnel to participate in collaborations with blockchain and Web 3 startups.
In the previous year, Apple made headlines when it asked candidates for a business development manager position to have prior bitcoin knowledge. While many of these companies choose to remain centralized, there is widespread agreement that blockchain technology is here to stay.