Google isn’ capital t known for being a primary innovator in the next generation of Web 3. 0, but possibly news this week could spur change on that front side. The tech giant introduced a partnership with Top Shot and Flow blockchain creator Dapper Labs.
The partnership enables Google to assist in scaling the Flow blockchain for the future.
Search engines & Flow: By The Quantities
The partnership secures Google Impair as a member of the Flow network that “ will raise connectivity to consumers plus app developers worldwide. ” The multi-year deal, first reported in depth through a Forbes press release, establishes Google Cloud as a network operator which will provide the infrastructure necessary for Stream to scale up. Dapper Labs has established itself as a strong player across the NFT market, and the Flow blockchain is already powering Dapper items like Top Shot plus CryptoKitties. The deal comes during the midst of an NFT growth, after a smashing month of August and more of a moderate September for the broader NFT market.
Dapper CEO Roham Gharegozlou confirmed and cited the relationship with Google in a twitter update that covered some major milestones for the Flow blockchain since going on mainnet just one year ago: over 2MM unique wallets, with less than 50 % from Top Shot, almost 250 mainnet contracts, and over 18MM blocks and nearly 50MM transactions for the chain.
Gharegozlou also stated that Stream is “ now along with 3000+ new devs creating, Google jumps onboard to help scale. ” With this brand new deal in place, those Circulation devs will be able to access nodes at a lower latency.
Related Reading | Ark Invest TOP DOG Cathie Wood Puts Bitcoin Over $500K In 5 Years, More Confident In Ethereum
The Cloud Market Impact?
One interesting point associated with note from the team at Forbes’ is the impact that Flow and other blockchain solutions will have on Amazon Web Services (AWS). Node operators across the Flow blockchain are usually free to use any hardware that suits their requirements. However , this week’ s i9000 announcement will make it easier for devs to integrate with Google Cloud’ t software.
In a statement to Forbes, Gharegozlou described today’ s blockchain evolution as “ the iPhone moment where consumers are starting to understand what’ s happening. ” Both Microsoft plus Amazon have begun blockchain initiatives in recent years. This has allowed the major tech players to continue to have a strong hold on impair reliance with crypto nodes. A 2019 Chainstack document showed that over 60% of Ethereum nodes were running on cloud services. This, in turn, results in a steady reliance on major cloud services providers – an industry generally controlled by Google, AWS, and Microsoft services.
This week’ s move from Google isn’ t it’ h first in crypto, since the tech giant has previously partnered with the likes associated with Hedera Hashgraph and Chainlink.
The FLOW token saw strong performance during the NFT boom in Aug; despite a tempered September, the token has performed well this week with this week's announcement assisting short-term performance. | Source: FLOW-USD upon TradingView. com
Related Reading through | Damage Control: Litecoin Creator Charlie Lee Upon Fake Walmart News, “ We Really Screwed Up”
Featured image from Pixabay, Charts from TradingView. com