Google Cloud Boosts Web3 Innovation with Polygon
Google Cloud has revealed an extensive collaboration with Polygon Labs, a company responsible for developing software and providing support for the Polygon ecosystem of blockchains. This partnership is set to expand Google Cloud’s blockchain offerings and further solidify its commitment to the rapidly evolving Web3 sector. The announcement was made during Consensus 2023 in Austin, Texas.
Google Cloud’s Blockchain Expansion
The cloud computing giant plans to integrate support for Polygon, an assembly of layer 2 blockchains built on top of Ethereum, into its Blockchain Node Engine. At present, the Blockchain Node Engine exclusively supports Ethereum and Solana, offering developers a simplified method to access and utilize blockchains on Google’s servers.
Mitesh Agarwal, a managing director at Google Cloud, expressed his thoughts on the partnership, stating, “The industry is experiencing a flight to quality as corporations seek to minimize risk when exploring new possibilities in Web3.”
In addition to Polygon integration, Google Cloud aims to establish infrastructure for the recently released and highly anticipated Polygon zkEVM, a new blockchain within the Polygon ecosystem. By the close of the third quarter, Google Cloud is set to assist developers in deploying application-specific blockchains created with Polygon technology on its servers.
Ryan Wyatt, president of Polygon Labs, shared his enthusiasm for the collaboration: “Google Cloud supporting all of the Polygon protocols is a step in the right direction to help onboard more people into Web3.”
Polygon Collaboration Empowers Web3 Startups
This week also saw Google Cloud broaden its accelerator program for web3 startups, showcasing its dedication to the blockchain sector. Google’s cloud computing division will offer startups backed by Polygon Ventures—a fund investing in businesses built on Polygon—a range of benefits. These include credits for hosting software on Google Cloud’s servers and access to the cloud service provider’s newly unveiled Web3 startup program.
Pre-seed startups participating in Google’s accelerator program can receive up to $2,000 worth of Google Cloud credits for two years. In contrast, funded companies may access $200,000 in Cloud and Firebase services.
Polygon’s recent acquisition of high-profile clients such as Starbucks and Mastercard highlights the significance of Google Cloud’s partnership with Polygon Labs.
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