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Google Introduces Cloud-Based Blockchain Node Service for Ethereum
The move highlights the growing attention that technology giants are paying to blockchain, crypto and Web3 projects.
Updated Oct 28, 2022, 5:54 p.m. Published Oct 27, 2022, 5:17 p.m.
Tech giant Google said Thursday it will be launching a cloud-based node engine for Ethereum projects.
The company said its Google Cloud Blockchain Node Engine will be a “fully managed node-hosting service that can minimize the need for node operations,” meaning that Google will be responsible for monitoring node activity and restarting them during outages.
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A node is a type of computer that runs a blockchain’s software to validate and store the history of transactions on a blockchain’s network. At the time of launch, Google will be supporting only Ethereum nodes.
Read more: Google Partners With Coinbase to Accept Crypto Payments for Cloud Services
Google’s announcement signifies the growing attention that technology giants are giving toward blockchain, crypto and Web3 projects. “Blockchain is changing the way the world stores and moves its information,” Google said in its announcement.
Earlier this month, Google formed a partnership with crypto exchange Coinbase to provide crypto payments for its cloud services, and in September, Google Cloud and BNB Chain announced a partnership to support the growth of early-stage Web3 startups.
In addition, Google announced in January that it was building a Digital Assets Team for Google Cloud, showing its commitment to building Web3 projects.
Read more: BNB Chain, Google Cloud Team Up to Advance Growth of Web3 and Blockchain Projects
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