Tech giant Google announced Thursday that it will be launching a cloud-based node engine for Ethereum projects.
The company said its Google Cloud Blockchain Node Engine would be a “fully managed node-hosting service that can minimize the need for node operations,” meaning that Google would be responsible for monitoring node activity and restarting them during outages.
A node is a type of computer that runs a blockchain’s software to validate and store the history of transactions on a blockchain’s network. At the time of launch, Google will only be supporting Ethereum nodes.
Read more: Google Partners With Coinbase to Accept Crypto Payments for Cloud Services
Google’s announcement signifies the growing attention that technology giants are giving towards blockchain, crypto and web3 projects. “Blockchain is changing the way the world stores and moves its information,” Google said in its announcement.
Earlier this month, Google partnered with Coinbase to provide crypto payments for its cloud services, while in September, Google Cloud and BNB Chain announced a partnership to support the growth of early-stage Web3 startups.
In addition, Google announced in January that it was building a Digital Assets Team for Google Cloud, showing their commitment to building Web3 projects.
Read more: BNB Chain, Google Cloud Team Up to Advance Growth of Web3 and Blockchain Projects
