On Wednesday, it was announced that Google Cloud and the Tezos Foundation have teamed up to enhance web3 application development and introduce new services for their customers.
According to Mason Edwards, the chief commercial officer at the Tezos Foundation, the partnership will allow for the onboarding of more institutions into the Tezos ecosystem, as Tezos has a reputation in institutional and B2B onboarding. As part of the partnership, Google Cloud customers will be able to become Tezos “bakers,” or network validators, which will make it easier to participate in Tezos’ proof-of-stake mechanism and receive rewards. Additionally, Google Cloud will become a baker, joining existing bakers like Ubisoft.
Tezos, an open source proof-of-stake blockchain, has over 2.3 million funded accounts and has partnered with major brands and companies such as Manchester United, McLaren, and Société Générale. Last month, Tezos also partnered with the California DMV to digitize car titles and streamline operations. Edwards noted that institutions are paying attention to blockchain and realize that it will disrupt parts of their industries, whether they are retailers concerned with loyalty programs and consumer engagement or large institutions.
For Edwards, Tezos views the partnership with Google Cloud as an “extremely strong signal” for the developer community because it involves a significant infrastructure platform. Google Cloud’s engineering director for web3, James Tromans, stated that web3 developers and enterprises are seeking enhanced developer tooling and infrastructure to accelerate product timelines. To address this need, Google Cloud offers Blockchain Node Engine on Ethereum, a dedicated node service for blockchain-based application development, and hosts several public BigQuery datasets for viewing on-chain data at scale. Through the partnership, new and existing Google Cloud customers will be able to build web3 applications, deploy nodes and indexers on Tezos’ protocol, and leverage Tezos blockchain technology with Google Cloud’s infrastructure.
The partnership’s goal is to reduce barriers for developers to build on the Tezos blockchain and to provide support to startups in the web3 ecosystem through mentorship and reduced infrastructure costs. Google Cloud plans to continue partnering with key players in the web3 ecosystem to promote open source technologies and focus on the core principles of blockchain technology.
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