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Google Cloud’s Web3 Lead Says “We’re a layer zero”

30/11/2022
05/12/2022
07/12/2022
08/12/2022

MetaVentures Bangkok 2022

Bangkok, Thailand
14/12/2022
27/02/2023

ICBM Expo

Dubai, UAE
03/03/2023
The Crypto Times

The Web2 big Google’s Web3 pondering could be very clear: no matter how this new subject develops sooner or later, it nonetheless desires to be an infrastructure a part of it. At the Mainnet 2022 crypto-summit, Google Cloud’s Web3 Lead Richard Widmann said, “We’re a layer zero”, referring to cloud provision within the context of blockchain use circumstances.

Widmann revealed that he’s working to “build a massive bridge” between Web3 corporations and blockchain by offering node providers via Google Cloud.

He described Google Cloud as a “concrete foundation”, and he doesn’t need “only some people to have access to this foundation.”

The Head of Strategy for Digital Assets at Google Cloud distinguished Google’s imaginative and prescient from that of Avalanche Network, claiming that Avalanche Network is a layer one blockchain slightly than a layer zero for crypto as some might consider.

“Any layer one protocol is running compute containers, generally on a cloud of some kind,” Widmann stated. “Avalanche doesn’t have a cloud business. They run on data centers, just like every other layer one.”

This yr, Google Cloud introduced its Web 3.0 ambitions, stating that it desires to offer back-end providers to builders all for creating their very own Web3 software program. The Google Cloud Digital Assets Team was fashioned to increase the service throughout the blockchain.

Widmann reiterated that Google Cloud is chain-agnostic and that it desires layer-one protocols to compete or fill completely different niches on high of the Cloud.

In the blockchain house, “big players” are all the time controversial. And Richard Widmann talked about how huge tech corporations like Amazon or Google might find yourself controlling the overwhelming majority of blockchain nodes, defeating the aim of decentralized know-how.

“If everything is running on Google, I will be the first to say that is a problem, frankly,” he stated.

Compiled by Coinbold

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