Though available only to select customers, this reaffirms faith in the blockchain method of payments.
Technology major Google has teamed up with cryptocurrency exchange platform Coinbase as it looks to allow cryptocurrency payments for its cloud services. According to a press release, the two entities will leverage their strengths towards building the next iteration of the internet, dubbed Web3.
have been claiming that the advent of this version of the internet is inevitable, and Google's recent move may be a sign of Big Tech companies warming up to the idea.by its Chief Product Officer, Surojit Chatterjee, Coinbase has provided us a glimpse of what this partnership means. The two companies that were working in very different environments have been collaborating for the past many months and have recognized strengths on both sides that could be useful to the other organization.
Developers in the Web3 space are also in for some good news as Google Cloud will provide access to its blockchain data through BigQuery, powered using Coinbase's Cloud Node service. BigQuery is Google's platform as a service data warehouse that allows users to query big data. The partnership will allow developers to operate Web3-based systems without having to own complex and expensive infrastructure.
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