Blockchain

Tezos Blockchain And Google’s New Partnership Aims To Transform Web3 Technology

Key Points:

  • With a new agreement, Google’s cloud computing division will now serve as a network validator on the Tezos blockchain, giving its Web3 arsenal one more string to its bow.
  • Similar to Ethereum, Cardano, and other blockchain-based smart contract platforms, Tezos powers decentralized apps.
  • The association will provide mentorship and Google Cloud credits to a chosen set of Tezos incubator companies through the Google for Startups Cloud Program.
With a new agreement, Google’s cloud computing division will now serve as a network validator on the Tezos blockchain, giving its Web3 arsenal one more string to its bow.

The Tezos Foundation, a Swiss non-profit organization that supports the Tezos blockchain, said on February 22 that it has partnered with Google Cloud, enabling users of the cloud computing service to deploy Tezos nodes and create Web3 applications on the blockchain.

Similar to Ethereum, Cardano, and other blockchain-based smart contract platforms, Tezos powers decentralized apps. Gaming industry leader Ubisoft and the California Department of Motor Vehicles are two businesses that have used Tezos.

This partnership also will make it possible for companies and developers to host and deploy RPC (Remote Procedure Call) nodes for Web3 applications using the Tezos blockchain and Google Cloud’s infrastructure.

The Tezos Foundation will provide new and existing Google Cloud customers access to its corporate baking program. Through the program, Tezos will offer Google Cloud customers that are interested in building Web3 applications, easy deployment of nodes and indexers on the Tezos protocol.

With the Google for Startups Cloud Program, the alliance will also offer mentorship and Google Cloud credits to a select group of Tezos incubator firms.

According to James Tromans, Engineering Director, Web3 at Google Cloud, “We’re offering secure and trustworthy infrastructure for Web3 entrepreneurs and developers to experiment and scale their apps.”

The agreement, according to Mason Edwards, chief commercial officer of the Tezos Foundation, is a step toward institutional acceptance and mass-market prospects for Web3 technology.

Google Cloud credits to a chosen set of Tezos incubator companies

The association will provide mentorship and Google Cloud credits to a chosen set of Tezos incubator companies through the Google for Startups Cloud Program.

James Tromans, Engineering Director for Web3 at Google Cloud, stated that “We’re offering Web3 entrepreneurs and developers secure and reliable infrastructure to experiment and scale their products.”

Mason Edwards, the chief commercial officer of the Tezos Foundation, claims that the arrangement is a step toward institutional acceptance and mass-market potential for Web3 technology.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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