- Google’s cloud division has formed a new business unit that will seek to support its new and existing customers developing on the blockchain
- The Digital Asset Team will provide dedicated node hosting for developers through to on-chain governance
Google’s cloud computing division is hunting down blockchain experts as part of a new business unit aimed at supporting the tech giant’s existing customers.
According to a report by CNBC on Thursday, the unit, known as the Digital Assets Team, will focus on the retail and healthcare sectors as Google attempts to expand its offerings beyond advertising.
“We think that if we do our jobs right, it will drive decentralization,” said Richard Widmann, head of strategy for digital assets at Google’s cloud unit as cited in the report.
Decentralization is a major component of the crypto-industry. Decentralized finance, or DeFi, has sprung up in recent years based on the philosophy of cutting out the middleman, including banks and lenders, to transact peer-to-peer via the use of smart contracts. Google is hoping to capitalize on the movement as finance continues to evolve.
The unit will support customers seeking to build, transact, store value and deploy new products via blockchain-based platforms, said Yolande Piazza, vice president of financial services at Google Cloud in a blog post on Thursday.
“This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow,” said Piazza.
Specifically, Google Cloud’s Digital Assets Team will provide dedicated node hosting for developers, take part in node validation and on-chain governance and support on-chain governance via participation from Google Cloud executives and senior engineers, per the post.
The team will also help drive co-development and integrations into Google’s partner ecosystem as well as advancing go-to-market initiatives with its ecosystem partners in the hope that Google Cloud becomes “the connective tissue between traditional enterprise and blockchain technologies.”
Several large blockchain and crypto companies utilize Google’s Cloud Platform including Hedera, Theta Labs, and Dapper Labs which recently signed on in a bid to leverage the tech giant’s “performance, reliability and security.”
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The post Google Cloud Hiring Blockchain Specialists in Bid to ‘Drive Decentralization’ Efforts appeared first on Blockworks.
