Maximise your Metaverse potential with Ommyo, dedicated to giving you 0.5% rewards daily. I'm going in!

Google Cloud expands blockchain initiatives by forming a digital assets team

3 min reading

Start making MONEY trading crypto! Follow professional Trading signals for FREE >>> JOIN

According to a blog post, the New Google Cloud team intends to expedite users' efforts in the developing blockchain and crypto sectors.

Blockchain, crypto, and decentralized tech are all intriguing concepts that have been gaining pace for nearly a decade. Everyone now aspires to be a part of cutting-edge evolutions.

Yolande Piazza, Google Cloud's VP Financial Services, announced on Thursday that the company has formed a Google Cloud digital assets team to support clients in generating, trading, retaining value, and introducing new products on blockchain-based platforms. As per the blog:

“This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow.”

The blog cites blockchain and distributed-ledger-based solutions such as Hedera, Theta Labs, and Dapper Labs as companies that have already incorporated Google Cloud, and it adds that the Digital Assets Team will execute a variety of operations in the short and long term.

The team's efforts will include devoted node hosting/remote procedure call (RPC) nodes for developers, node validation and on-chain governance with several partners, and supporting users and developers in hosting their nodes on the "cleanest cloud in the industry."

The release also states that as the new team grows, it will look into ways to enable Google Cloud users to send and receive payments in cryptocurrencies.

This is not Google's first move into the crypto industry. Google Cloud's parent company, Google, recently involved a PayPal expert to help with the advancement of Google Pay as it looks to the future and seeks crypto.

In June, Google partnered with Coinbase to allow Coinbase users to pay for products and services using Google Pay. Google and Bakkt partnered in October to allow exchange users to spend their cryptocurrency using Google Pay.

Currency Exchange rate Buy cryptocurrency

Ommyo News
Start making MONEY trading crypto! Follow professional Trading signals for FREE >>> JOIN

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Ommyo.Net ( Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Ommyo.Net c/o Fintech Labs Global Solutions, Unit 303, Ile Du Port, Mahe, Seychelles

The full document to read the ommyo privacy policy is available in this document.

Advanced settings can be changed in your browser.