coinspress.com
Google Cloud and Polygon Labs, the developer behind Polygon (MATIC), have announced a strategic partnership that aims to enhance the growth of the world's largest blockchain ecosystem.
Through this collaboration, developers will have an easier time building and launching their Web3 products and decentralized applications on the layer-2 scaling platform’s protocols.
At Consensus 2023, Polygon Labs and Google Cloud unveiled their plan to form a long-term strategic alliance, promoting the use of Polygon PoS, Polygon Supernets, and Polygon zkEVM with the help of Google Cloud’s infrastructure and developer tools.
As part of the agreement, Google Cloud’s fully managed node hosting service, Blockchain Node Engine, will be made available to the Polygon ecosystem, allowing developers to deploy their nodes without any configuration or management.
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Polygon expects this move will expand its network’s range of cloud services. The partnership is expected to boost transaction throughput, enabling use cases in decentralized finance (DeFi), gaming, and supply chain on Polygon.
Polygon Labs’ President, Ryan Watt, believes that Google Cloud’s support will onboard more individuals to Web3.
Another day, another huge announcement!
Thrilled as a @Google alumni to share that @GoogleCloud is going all in with @0xPolygon!
This accelerates the adoption of core Polygon protocols using Google's infrastructure and tools, transforming the blockchain landscape forever. pic.twitter.com/pJrRsvWtBm
— Ryan Wyatt (@Fwiz) April 27, 2023
At the time of writing MATIC is trading at a little over $1 with a $360 million 24-hour trading volume.