Google Cloud Enters Web3 as Tezos Validator, XTZ Price Jumps 6%

Google’s cloud operator will be a validator on the Tezos network.

Google Cloud enterprise customers will be able to deploy Tezos nodes — a computer Run blockchain software to verify and store transaction history – building Web3 applications on the web.

Integration with Tezos marks latest Google Cloud integration with blockchain network has begun Run the node hosting service Ethereum project in October, shortly thereafter becoming authenticator Solana.

This integration demonstrates the tech giant’s interest in blockchain and Web3 projects. They can also give other companies interested in entering the industry the confidence to know they can do so using the scale and elastic infrastructure that companies like Google provide.

Google Cloud has previously shown relationships between accounts hacked by malicious actors for cryptocurrency mining, suggesting the company is concerned about specific security risks that exist in financial digital products.

At press time, the price of Tezos’ native token XTZ is trading at $1.33, up more than 6 percent after hitting a high of $1,449 this morning.

Source: TradingView

  • Tezos co-founder: Many DAOs and Web3 projects are ‘decentralized theater’
  • Google invests $300 million in AI startup, which gets $500 million from Sam Bankman-Fried


According to Coindesk

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