The largest search engine worldwide, Google Cloud partnered with the Tezos foundation to get involved in the development of Web3 apps on the Tezos blockchain network.
As a result of this collaboration, Google Cloud, the company’s cloud subsidiary has committed to act as a validator on the proof-of-stake blockchain Tezos.
As per the press release, the agreements would enable Google Cloud business clients to create and launch web3 apps on the Tezos blockchain utilizing Google’s Cloud platform.
The Tezos network will benefit from Google Cloud’s role as a validator or “Baker,” enabling its business clients to promote blockchain development. Additionally, Google Cloud credits coaching will be available to a limited number of Tezos-incubated firms.
After becoming a Tezos blockchain validator, Google Cloud is entitled to earn transaction fees, much like several other validators — “baker” in Tezos language. But a representative from a provider of cloud-based services indicated the firm will renounce the payment.
The company has not entered the blockchain space for the first time. Towards the end of September, it agreed to run a validator node on the Ronin network, an Ethereum sidechain.
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