Google Cloud is partnering with the Tezos Foundation to expand web3 application development and offer new services to customers, the companies announced Wednesday.
“Tezos as an ecosystem has built a reputation for onboarding organizations and B2B,” Mason Edwards, chief commercial officer of the Tezos Foundation, told TechCrunch. “This will allow institutions and even larger institutions to participate in this space. This will be jet fuel and octane for that.”
The partnership aims to make it easy for all Google Cloud customers to become Tezos “bakers,” or network validators. Bakers are part of Tezos’ proof-of-stake mechanism, assisting the execution of the protocol and receiving rewards. Google Cloud will also become a baker, joining existing bakers like his Ubisoft at the gaming company.
Tezos is an open-source, proof-of-stake blockchain that has over 2.3 million funded accounts with 158.6 million transactions, according to its website. It also partners with and builds major brands and companies such as Manchester United, McLaren and Societe Generale.
Last month, Tezos partnered with the California DMV to help agencies digitize car titles and transfer them to a private Tezos-built blockchain to streamline operations.
“Institutions are paying attention and recognizing that this leaves room for confusion. It will confuse some of the ,” Edwards said.
Tezos also sees the partnership as a “very strong signal” for the developer community to onboard large-scale infrastructure platforms like Google Cloud, Edwards added.
“Web3 developers and businesses are looking for enhanced developer tools and infrastructure to help accelerate their product timelines,” James Tromans, engineering director for web3 at Google Cloud, told TechCrunch. told to “Developers know the value of great technology and the opportunity exists to offer differentiated products that build on a foundation that similarly supports many of the products and services that blockchain developers seek to build. I think there is.”
One example of how Google Cloud is addressing this is Blockchain Node Engine on Ethereum, a dedicated node service that leverages Google Cloud for blockchain-based application development.
“More and more companies, big and small, want to be on-chain,” said Tromans. “They want the ability to read and write on-chain to deploy blockchain-based applications.”
To display on-chain data at scale, Google Cloud hosts multiple public BigQuery datasets on the Marketplace. This includes complete blockchain transaction history for Bitcoin, Ethereum, Bitcoin Cash, Dash, Litecoin, Zcash, Theta, Hedera Hashgraph, Band Protocol, Polygon and other networks. , XRP, Dogecoin.
Through the company’s baking program, new and existing Google Cloud customers will be able to build Web3 applications and deploy nodes and indexers on the Tezos protocol. This means businesses and developers alike can leverage Tezos blockchain technology alongside Google Cloud’s infrastructure.
“Running large nodes is time consuming, expensive, and ultimately takes our focus away from building our core product,” said Tromans. The “core” of the partnership is Tezos Corporate to support his baking program. The program aims to reduce friction for companies looking to go on-chain and help developers deploy nodes on the blockchain.
According to Tromans, the partnership with Google Cloud aims to lower the barrier of entry for developers building on the Tezos blockchain.
“This is not limited to reducing technical barriers. We recognize that startups in the web3 ecosystem need other forms of support, such as mentorship and ways to reduce infrastructure costs. We do,” added Tromans. “This is another area where Google Cloud has partnered with his Tezos Foundation to provide this kind of support to select startups in the web3 ecosystem.”
In general, Tromans said, Google Cloud will continue to partner with “major players in the web3 ecosystem” and continue to expand innovation in open source technology. “It’s not about business relationships. Instead, it’s about empowering founders and developers and looking for opportunities to grow the ecosystem.”
Outside of partnerships, Google Cloud plans to focus this year on the “core principles of the base layer of blockchain technology.” “We are excited to build a product that addresses these needs.”
