Google Cloud Now Supports Blockchain Node Engine in Ethereum

Google Cloud Now Supports Blockchain Node Engine in Ethereum

Google Cloud, the multinational technology conglomerate, has announced the launch of the "Google Cloud Blockchain Node Engine." While more blockchains will be supported, Google said that "Ethereum will be the first blockchain supported by Blockchain Node Engine."

Google Launches Cloud-Based Blockchain Node Engine

Alphabet Inc., known as the parent company of Google, launched Google Cloud Blockchain Node Engine on Thursday. Google declared that "self-managed nodes are often difficult to deploy and require constant management."

The Blockchain Node Engine product is a "fully managed node-hosting service" that can be used by crypto companies and Web3 service providers. The company revealed on Thursday that the new node engine service will support Ethereum. The second-leading crypto asset network by market cap.

"Ethereum will be the first blockchain supported by Blockchain Node Engine, enabling developers to provide fully managed Ethereum nodes with secure blockchain access," the company said in the recently published blog post.

Google has recently entered into a partnership with Coinbase to drive Web3 innovation. With the latest blockchain engine product, "Web3 companies who require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud compute and network infrastructure."

Moreover, a Blockdata study reveals that Google is one of the top investors in blockchain technology as it has invested in firms like Fireblocks, Digital Currency Group (DCG), Dapper Labs, and Vultage. The foray of the tech giant into the world of decentralized finance (Defi) and Web3 was revealed last May when it formed a Web3 team within its cloud unit.

"We’re providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises," a Google spokesperson said at the time. The latest node engine service offer aims to provide "streamlined provisioning," "secure development," and "fully managed operations."

"By reducing the need for a dedicated DevOps team, and by offering Google Cloud’s Service Level Agreement (SLA), Blockchain Node Engine can let your team focus on your users instead of your infrastructure," Google’s blog post concludes.