Google Cloud, the cloud computing arm of tech giant Google, has recently introduced a new platform tailored for blockchain developers. The Web3 portal is designed to assist developers in creating non-fungible tokens (NFTs) and decentralized applications (DApps) by offering a variety of resources and support.
The Web3 portal by Google Cloud is a step towards empowering developers in the blockchain space. It provides access to products, datasets, and tutorials essential for the creation of NFTs and DApps. Despite the positive intention behind the launch of the Web3 portal, there have been mixed reactions from the cryptocurrency community.
One major critique of the Web3 portal is the absence of native support for Bitcoin and lightning on the platform. This oversight is significant considering Bitcoin’s prominence in the cryptocurrency market and its potential for driving innovation in the Web3 landscape. The lack of support for Bitcoin can be seen as a missed opportunity for Google to cater to a broader range of developers and blockchain enthusiasts.
Although the Web3 portal lacks native Bitcoin support, it still offers a diverse set of resources for blockchain developers. These include access to testnet tokens for deploying DApps on Ethereum’s testnets, tutorials on NFT development, Web3 loyalty programs, and information on securing digital assets using multi-party computation (MPC). Additionally, Google has been actively expanding its presence in the Web3 space through features like searching for wallet balances across multiple blockchains and revising advertising policies for certain crypto products.
Prior to the launch of the Web3 portal, Google Cloud had integrated with MultiversX and added new blockchain networks to its BigQuery data warehouse. This integration enhances data analytics capabilities within Google’s ecosystem, providing a seamless experience for developers. The introduction of the Web3 portal marks a significant step in Google Cloud’s foray into the blockchain sector, demonstrating the company’s recognition of the potential of blockchain technology and its commitment to supporting its growth through developer-focused tools and resources.
While there are valid criticisms regarding the lack of native Bitcoin support on Google Cloud’s Web3 portal, the platform still serves as a valuable resource for developers looking to explore blockchain technology. Google’s continued efforts in expanding its presence in the blockchain space indicate a dedication to fostering innovation and supporting the growth of the Web3 ecosystem.