- Google has expanded its Web3-facing services.
- The new service promises to be a catalyst for greater Web3 adoption.
- Google’s Web3 product suite is growing at a rapid pace.
Crypto has grown significantly from its niche roots to becoming a globally recognizable industry worth trillions of dollars with institutionally accessible funds offered by investment giants like BlackRock and Fidelity. Amid this growth, legacy tech firms are expanding their services to cater to the industry. Among these firms is none other than global tech giant Google.
In the latest instance, Google Cloud, the subsidiary in charge of the leading search engine’s cloud computing business, has unveiled a blockchain RPC service that promises to catalyze greater Web3 adoption.
A Reliable Web3 Access Point for Enterprises?
Google Cloud has expanded its Web3-facing services. On Wednesday, September 18, the firm announced a blockchain Remote Procedure Call (RPC) service that aims to provide developers with a reliable, cost-effective, and scalable way to access blockchain data.
Sponsored
RPC refers to protocols that allow developers to access and interact with blockchain data through an Application Programming Interface (API). Google Cloud’s RPC promises to be a catalyst for adoption, as the firm asserts that it will cater to “a wide range of organizations,” including “large enterprises.”
Meanwhile, the Google Cloud Blockchain RPC is only compatible with the Ethereum mainnet and testnets at launch. According to Google Cloud, the service will extend to other blockchains in 2025.
The Blockchain RPC service has a free tier that offers up to 100 data requests per second, which Google Cloud argues is plenty for real-time and data-intensive applications.
The RPC is the latest tool in Google Cloud’s growing suite of Web3 products and services.
Google Cloud’s Web3 Leap
Google Cloud has made several forays into the Web3 space in recent years. These forays include BigQuery support for blockchains in 2018, a Blockchain Node Engine launched in 2022, and more that can be found within its dedicated Web3 Portal.
To encourage the use of these services, Google Cloud has a Web3 startup program offering up to $200,000 in free credits over two years.
On the Flipside
- The service is limited to Ethereum for now.
- Google Cloud’s RPC service potentially threatens crypto-native providers like Alchemy, Infura, and QuickNode.
Why This Matters
Google is one of the world’s largest technology companies, with significant resources and expertise. Its effort to support Web3 services highlights the industry’s growing legitimacy while promising to bolster adoption.
Read this for more on Google’s Web3 involvements:
Google Cloud Flexes Web3 Capabilities in Tezos Partnership
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