Google's Cloud Group Forms Web3 Team To Capitalize on Booming Popularity of Crypto

Google's cloud unit is forming a team to build services for developers running blockchain applications as the company tries to capitalize on the surging popularity of crypto and related projects. From a report: Amit Zavery, a vice president at Google Cloud, told employees in an email Friday that the idea is to make the Google Cloud Platform the first choice for developers in the field. "While the world is still early in its embrace of Web3, it is a market that is already demonstrating tremendous potential with many customers asking us to increase our support for Web3 and Crypto related technologies," he wrote. "We're not trying to be part of that cryptocurrency wave directly," Zavery told CNBC in an interview. "We're providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises."

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