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Google Cloud Unveils Web3 Portal for Blockchain Developers
Google Cloud has recently launched its Web3 portal, providing valuable resources for blockchain developers. The portal includes datasets and tutorials focusing on creating non-fungible tokens (NFTs).
Mixed Reactions from the Crypto Community
While the Web3 portal has been introduced with enthusiasm, it has also received mixed opinions within the cryptocurrency industry. Some members of the crypto community have expressed disappointment over the lack of native support for Bitcoin and Lightning Network.
- Phil Geiger, VP of Product Marketing at Unchained, criticized the oversight, stating, “No native Bitcoin and lightning support? Seems like an oversight to ignore the most important cryptocurrency.”
- Crypto trader MartyParty shared similar sentiments, suggesting that Google is lagging behind in the industry.
Positive Reception for Google’s Web3 Portal
On the other hand, there are those who have welcomed the launch of the Web3 portal. Ivaibi Festo, the founder of Mitroplus labs, referred to it as a “comprehensive resource,” indicating a positive perception of the platform.
The Web3 portal offers developers access to various products, including testnet tokens for deploying and testing decentralized applications (DApps) on Ethereum testnets like Sepolia and Holesky. Additionally, developers can benefit from a learning program with tutorials on NFT development, Web3 loyalty programs, and securing digital assets with multi-party computation (MPC).
Google’s Progress in the Web3 Industry
Google has been actively advancing in the Web3 industry with recent developments. Users can now search wallet balances across multiple blockchains, including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. Moreover, Google updated its advertising policies earlier this year, allowing certain crypto products like Bitcoin ETFs to be advertised on major search engines.
Preparations and Recent Developments
Preparations for the Web3 portal launch began last year when Google Cloud integrated its BigQuery data warehouse with MultiversX. This integration enabled Web3 projects and users to leverage powerful data analytics and AI tools within the Google Cloud ecosystem.
In September 2023, Google’s BigQuery expanded its data warehouse to include 11 blockchain networks. Additionally, the company recently filed a lawsuit against individuals from China for fraudulent activities related to crypto investments.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
