Google Reveals Cloud Blockchain Node Engine, Will Support Ethereum As The First Blockchain

Search engine giant Google, recently divulged the firm’s newly launched Google Cloud Blockchain Node Engine. The reason the tech giant decided to release the engine is because it is of the opinion “self-managed nodes are often difficult to deploy and require constant management.”

It is to be noted that the Blockchain Node Engine product is a “fully managed node-hosting service” that can be leveraged by digital asset organizations and Web3 service providers. The tech giant further detailed that the new node engine service will support Ethereum, the 2nd leading virtual currency network by market capitalization.

In the recently published blog post, the tech company mentioned,

“Ethereum will be the first blockchain supported by Blockchain Node Engine, enabling developers to provision fully managed Ethereum nodes with secure blockchain access.”

The news follows Google’s recent partnership with the crypto exchange Coinbase in order to drive Web3 innovation. The post mentioned that with the latest blockchain engine product,

“Web3 companies who require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud compute and network infrastructure.”

Notably, the tech giant’s entry into the world of Defi and Web3 was divulged last May when it formed a Web3 team within its cloud unit.