Introduction:

Google Cloud recently launched a brand-new Web3 hub to assist blockchain developers, offering training on data clusters and NFT creation. However, this move has sparked discussions in the cryptocurrency community. Phil Geiger from Unchained criticized Google for not giving enough attention to Bitcoin.

Google’s Noteworthy Move:

In light of these events, MartyParty, a crypto investor, expressed indifference towards Google's slower pace. Conversely, other experts like Ivaibi Festo praised the Web3 hub for its comprehensive resources.

Developers can utilize various products on the platform to deploy and experiment with decentralized applications on Ethereum test networks like Sepolia and Holesky. They can also access learning materials covering NFT development, Web3 loyalty programs, and securing crypto assets using multi-party computation.

Google's Involvement in Web3:

Google has recently expanded its features to enable users to search wallet balances across multiple blockchain networks, including Bitcoin and others like Arbitrum and Avalanche. Earlier in 2024, Google updated its advertising policies to allow certain crypto products, including Bitcoin exchange-traded funds, to be advertised on major search engines.

Google's Preparation and Partnerships:

In 2023, Google focused on forming partnerships in anticipation of the Web3 hub launch. In October, Google Cloud integrated its BigQuery data storage protocol with MultiversX, enabling Web3 projects to benefit from data analysis and AI tools. Additionally, in September 2023, Google's BigQuery included 11 blockchain networks in its data protocol, expanding its reach in the blockchain space.

Conclusion:

Google Cloud's introduction of the Web3 hub signifies a significant step in supporting blockchain developers. Despite some criticism, the platform offers valuable resources and reflects Google's growing involvement in the Web3 space through partnerships and product enhancements.