Tezos Teams Up with Google Cloud to Accelerate Web3 App Development

• Google Cloud and Tezos Foundation have joined forces to develop Web3 technology and offer new services for Google Cloud customers.
• Through the partnership, businesses and developers will be able to take advantage of the scalability of Tezos and the resilience of Google Cloud to host and deploy RPC nodes for Web3 solutions development.

Google Cloud to Become a Validator on Tezos Blockchain

Google Cloud has announced that it will become a validator on the Tezos blockchain network. This means that Google Cloud will be responsible for validating transactions and creating new blocks on the Tezos blockchain.

The Tezos blockchain is a proof-of-stake blockchain, which means that validators are selected based on the amount of Tezos tokens they hold. Google Cloud is one of the largest holders of Tezos tokens, so it is well-positioned to become a validator.

In addition to validating transactions, Google Cloud will also provide support to enterprise-level developers creating apps in the Tezos ecosystem. This includes providing technical support, training, and access to Google Cloud’s infrastructure.

The move by Google Cloud to become a validator on the Tezos blockchain is a sign of the growing interest in Web3 from major tech companies. Web3 is a new internet paradigm that is based on blockchain technology and decentralized networks.

Google Cloud is not the only major tech company that is interested in Web3. Other companies that have announced plans to support Web3 include Microsoft, Amazon Web Services, and IBM.

The growth of Web3 is being driven by the increasing popularity of cryptocurrencies, decentralized finance (DeFi), and non-fungible tokens (NFTs). These technologies are all based on blockchain technology, which allows for secure and transparent transactions.

The growth of Web3 is also being driven by the increasing demand for decentralized applications (DApps). DApps are applications that run on decentralized networks, such as the Tezos blockchain. DApps offer a number of advantages over traditional applications, such as increased security and privacy.

The move by Google Cloud to become a validator on the Tezos blockchain is a sign of the growing importance of Web3. It is likely that we will see more major tech companies support Web3 in the future.

Quotes from the article:

• “We view our role in Web3 in the same way as we did in the open-source community at the beginning of Web 2.” – James Tromans, engineering director of Web3 at Google Cloud
• “Blockchain is creating innovation and value for consumers and businesses in Web3, just like open-source developments did in the early days of the internet.” – James Tromans, engineering director of Web3 at Google Cloud
• “NFTs could be used to establish stronger connections between creators and their fans, ultimately making YouTube a more engaging platform.” – Neal Mohan, CEO of YouTube

Analysis:

The move by Google Cloud to become a validator on the Tezos blockchain is a significant development. It shows that Google is serious about Web3 and that it sees the potential of this new technology.

The growth of Web3 is still in its early stages, but it has the potential to revolutionize the way we interact with the internet. By supporting Web3, Google is positioning itself to be a major player in this new space.