Google Cloud Services now support Ethereum smart contracts and the company is even expending resources to learn how the smart contract platform works. In today’s coming altcoin news we read more about how the people can integrate with the Google services and the smart contracts platform.
None of the major tech companies want to miss out on the blockchain race but Google has been really quiet on the issue. The company makes billions by selling ads for its dominant search engine but it did mention that they had to learn how the Ethereum blockchain might work in the cloud environment.
Google aims to enable its clients to operate on the ethereum blockchain and expand its services even more. The company is also looking at hybrid cloud-blockchain solutions with the help of Ethereum. Companies like Microsoft and Google are already providing blockchain services for the tech companies so the goal is to maintain clients in the ever-changing landscape.
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Most of the companies choose Google and Amazon depending on their needs since they both made efforts to integrate blockchain services but it seems like Microsoft is leading the way.
Google integrated Chainlink and described:
“Participants in prediction marketplaces allocate capital to speculate on future events in general. One area of intense interest is which smart contract platform will predominate because, being networks ecosystems, their value will follow a power law (i.e. winner-take-all) distribution. There are many differing opinions about which platform will succeed, as well as how success can be quantified.”
The reports in the latest cryptocurrency news explain how smart contracts can be helpful for these tech giants and how Google’s services can be used in these tech giants. Google Cloud Services will apply hybrid applications will be built on the cloud infrastructure using the blockchain technology. While Google has yet to follow the path of Telegram and Facebook and announce some broader blockchain integration, they do however understand the importance of helping companies who need the blockchain. The mainstream service providers that offer blockchain services is the best way to mass crypto adoption. When the smaller companies find out that they have easy access to blockchain services, they are most likely to consider the technology and integrate some form of the decentralized ledger technology.
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