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Google Cloud, an Alphabet company, is ready to re-enter the crypto market by becoming a validator on the Tezos (XTZ) network, a blockchain platform. This will allow its business customers to design and deploy Tezos nodes on the network to build Web3 applications.
Google Cloud has also been providing node-hosting services for Ethereum (ETH) since October, and it soon became a validator on Solana (SOL). The foray into crypto comes from Google Cloud’s pledge to offer safe and dependable infrastructure for Web3 entrepreneurs and developers.
The business is well aware of the security dangers of the digital asset market. It has emphasized the hazards of criminal actors using compromised accounts to mine bitcoin.
Previous forays toward blockchain by Google Cloud
This is not Google Cloud’s first foray into the blockchain arena. In September, the corporation decided to host a validator node on the Ronin (RON) network, an Ethereum sidechain focused on gaming. Google Cloud offered a blockchain node-hosting engine for Ethereum developers a month later.
The decision to install Tezos nodes and become a validator reflects the IT giant’s expanding interest in the blockchain business. Google Cloud’s Web3 engineering director, James Tromans, has stated the company’s commitment to providing a robust and scalable infrastructure for Web3 applications on Tezos.