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Google launches new blockchain division | Google goes blockchain
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The purpose Beneath this Launch
The blockchain division will focus on blockchain and other next-generation distributed and data storage technologies. Google has already initiated many blockchain projects.
As
The new division is entirely focused on experimentation with the decentralised technologies under the roof of Lab groups.
Other significant experiments are related to AR and VR efforts and other tech projects. This new Google Labs group also includes in-house projects called Area 120.
Meta Effects
Many experts seem to have a responsive effect of Meta.
As Meta is dealing with blockchain and distributed technologies and collecting good responses from the audience. So, Google doesn’t want to sit behind in this tech race.
Additionally, Google, a search engine giant, may bring some helpful blockchain tools that facilitate society in data storage techniques.
How Google is gradually changing its Crypto View?
Do you remember any crypto or blockchain advertisements in Google ads? No. Because so far, Google has banned all cryptocurrency-related advertisements and commercials. And now, due to its immense acceptance google has launched its blockchain platform.
So far, Google seems less opportunity in blockchain but now it seems positive growing scope in blockchain technology.
Since then, it completed a partnership with Coinbase and Bitpay, two cryptocurrency exchanges, to allow customers to store cryptocurrency in digital cards. However, the company is still not accepting cryptocurrency transactions. But a positive move towards blockchain acceptance.
What do you think about Google’s new blockchain division? And what are your expectations from Google’s launch? Tell us your opinion.
Author Name : Kiran Sagar
well, the meta effect is indeed a big one. and a lot of these big companied the likes of microsoft, amazon, and the likes always tries to be the first adopters of any new innovation and google is not exempted