{"id":102987,"date":"2023-06-01T20:15:43","date_gmt":"2023-06-01T20:15:43","guid":{"rendered":"https:\/\/dripp.zone\/news\/index.php\/2023\/06\/01\/google-cloud-boosts-web3-presence-with-polygon-partnership-crypto-news\/"},"modified":"2023-06-01T20:15:45","modified_gmt":"2023-06-01T20:15:45","slug":"google-cloud-boosts-web3-presence-with-polygon-partnership-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/google-cloud-boosts-web3-presence-with-polygon-partnership-crypto-news\/","title":{"rendered":"Google Cloud Boosts Web3 Presence With Polygon Partnership\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Google continues to deepen its involvement in the web3 industry, unveiling a new partnership with Polygon and expanding its web3 accelerator program over the past two days.<\/p>\n<p>On Thursday, Google Cloud said it has entered a &#8220;multi-year strategic alliance&#8221; with Polygon to provide tooling and infrastructure to developers building on Polygon&#8217;s PoS Chain, zkEVM, and Supernet&#8217;s scaling solutions.<\/p>\n<p>Google will make its node hosting and management service, the Blockchain Node Engine, available to Polygon PoS Chain node operators as part of the deal between the two firms.<\/p>\n<p>\u201cDevelopers using Blockchain Node Engine will no longer have to worry about configuring or running their Polygon PoS nodes;  they can instead focus on growth,&#8221; Google said in an announcement.<\/p>\n<p>Polygon&#8217;s MATIC token reversed earlier losses after the news broke.<\/p>\n<p>Undeterred by the recent bear trend, Google Cloud <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2022\/05\/06\/googles-cloud-group-forms-web3-product-and-engineering-team.html\">Launched<\/a> a dedicated web3 team in May 2022 and has since inked deals with top firms in the sector, including Coinbase, Tezos, and Polygon.<\/p>\n<p>Polygon&#8217;s PoS Chain is the fifth-largest smart contract chain with $1B in total value locked, while its recently launched zkEVM secures $5.5M, according to L2Beat.<\/p>\n<h4>Blockchain Node Engine<\/h4>\n<p>Google Cloud <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/google-node-management-services\">Launched<\/a> Blockchain Node Engine in October 2022, initially supporting only Ethereum nodes.  The platform went live one month after Ethereum completed its <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/the-merge-live\">transition to Proof of Stake consensus<\/a>,  Google Cloud plans to add support for Solana later this year.<\/p>\n<p>Polygon and Google have been working together since October 2021, when Google Cloud made its data analysis platform, BigQuery, available to access on-chain data for Polygon in real-time.<\/p>\n<h4>Accelerator Program<\/h4>\n<p>On April 25, Google Cloud <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cloud.google.com\/startup\/web3\">expanded<\/a> its accelerator program for web3 startups, further demonstrating its commitment to the blockchain sector.<\/p>\n<p>Pre-seed startups participating in Google&#8217;s accelerator program can receive up to $2,000 worth of Google Cloud credits for two years, while funded firms may access $200,000 in Cloud and Firebase services.<\/p>\n<p>In total, more than a million dollars in grants are now on offer from Google and its 11 partners \u2013 Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Google continues to deepen its involvement in the web3 industry, unveiling a new partnership with Polygon and expanding its web3 accelerator program over the past two days. On Thursday, Google Cloud said it has entered a &#8220;multi-year strategic alliance&#8221; with Polygon to provide tooling and infrastructure to developers building on Polygon&#8217;s PoS Chain, zkEVM, and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":102988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-102987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/102987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=102987"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/102987\/revisions"}],"predecessor-version":[{"id":102989,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/102987\/revisions\/102989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/102988"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=102987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=102987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=102987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}