Google Cloud and Tezos Team Up on Web3 Tech Development Initiative

Jimmy Aki
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Google Cloud, the cloud computing arm of the internet giant, has added yet another partner to its catalog as it continues to make inroads into the Web3 space. This time, it is partnering to be a validator on the Tezos blockchain. 

A Mutually Beneficial Partnership 

Tezos is a blockchain-based smart contract platform that makes it possible for users to build decentralized applications (dApps). While the blockchain appears to be more tailored to the needs of corporations worldwide, it also has a considerable number of everyday users.

Earlier this week, the Tezos Foundation announced that it had teamed up with Google Cloud to allow its enterprise customers to deploy nodes on the Tezos blockchain and build Web 3 dApps on its network.

According to the announcement, both Google Cloud’s personal and business clients can now host and deploy Remote Procedure Call (RPC) nodes for Web3 applications on the platform, combining it with the resilient Google Cloud infrastructure. Tezos will also offer its banking program to Google Cloud’s enterprise customers, allowing them to easily deploy indexers and nodes on the Tezos protocol. 

Additionally, Google will open its Cloud for Startups Cloud Program to select Tezos incubator startups, offering them credits to the program and allowing them to enjoy mentorships and networking opportunities.

Google Loves the Blockchain

The partnership with Tezos is yet another significant move into the blockchain and Web3 space by Google – one of the largest tech companies in the world, with a market cap north of $1.5 trillion. The Silicon Valley giant has been looking to make inroads into the Web3 and blockchain space for a while now, starting with creating a team dedicated to digital assets in January 2022. 

Since the team was formed, Google Cloud has only gone from strength to strength, racking up partnerships. Last September, the company partnered with Binance’s BNB Chain platform to bolster blockchain and Web3 startups. 

According to both companies at the time, startups creating products and services on the BNB Chain can also build on Google Cloud’s infrastructure. 

Both companies claimed that over 1,300 active BNB Chain-based dApps across different spaces – including the metaverse, blockchain gaming, decentralized finance (DeFi), and more – will be given access to the infrastructure and tools available on both platforms.

A month later, Google Cloud also partnered with the Near Foundation, the developers of the Near Protocol, to provide infrastructure for the latter’s Web3 startup platform, Pagoda. 

Launched in February 2022, the Pagoda startup platform offers Web3 developers building on Near a full-stack set of tools, allowing them to build, launch, and maintain their Web3 projects on the blockchain. 

According to an announcement, Google Cloud will offer technical support to Near grant recipients, with top-notch infrastructure for Near’s EPC provider to Pagoda. 

With the new Tezos partnership, it appears that Google Cloud is adding another notch to its belt. It’s only a question of who it would partner with next. 

About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.