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Crypto News - Archive

Google Cloud And Polygon Team Up To Accelerate Blockchain Development

Author

Jay Solano

Tags

Reading time

2 mins
Last update

Author

Jay Solano

Tags

Category

Crypto News - Archive

Reading time

2 mins
Last update

Author

Jay Solano

Tags

Reading time

2 mins
Last update

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Google Cloud and Polygon Labs are collaborating to make it more straightforward for developers to create, launch, and scale Web3 products and decentralized applications (dapps) on the Ethereum-based layer 2 blockchain.

Google Cloud has announced that it will extend its Blockchain Node Engine to the Polygon ecosystem, a move aimed at enhancing the protocol while still retaining control over where nodes are deployed. This was disclosed in a statement by the tech giant during the Consensus 2023 event. The Blockchain Node Engine, which is Google Cloud’s fully managed node hosting service, will be made available to developers on the Polygon network.

Polygon President Ryan Wyatt mentioned that the recent partnership with Google Cloud is geared towards enhancing transaction throughput, enabling blockchain application in various use cases, including gaming, supply chain management, and DeFi. Wyatt added that this partnership would pave the way for more businesses to adopt blockchain technology through Polygon.

As a Web2 giant, Google has been actively advancing into the Web3 space by making more of its technical know-how available to others to build projects. It most recently introduced a “Google for Startups Cloud Program” that will aid startups and rising initiatives in the Web3 sector in scaling their projects more quickly and securely.

Earlier this month, the Celo Foundation declared its collaboration with Google Cloud, intending to provide cloud computing services and training sessions to developers and Web3 founders who use Celo.

The partnership between Polygon and Google Cloud will also assist the protocol in advancing its zero-knowledge innovation strategy, possibly leading to faster and more affordable transactions. The initial tests of running Polygon zkEVM’s zero-knowledge proofs on Google Cloud resulted in significantly quicker and less expensive transactions than the current setup. In the previous month, Polygon launched the public beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM).

Mitesh Agarwal, the managing director of customer engineering and Web3 go-to-market, Asia Pacific of Google Cloud, expressed that the company’s engineering efforts are focused on improving data availability and enhancing the resilience and performance of scaling protocols like zero-knowledge proofs, which are essential in helping the industry achieve escape velocity.