Web3 enhances the internet as we know it today with a few other added characteristics. web3 is:
- Circulated and robust
- Native built-in payments
In web3, developers don’t usually build and deploy applications that run on a single server or that store their data in a single database.
Instead, web3 applications either run on blockchains, decentralized networks of many peer-to-peer servers, or a combination of the two that forms a cryptoeconomic protocol. These apps are often directed to as decentralized apps, and you will see that term used often in the web3 space.
Google Cloud recently reported the private preview of Blockchain Node Engine, a managed node-hosting option for Web3 development. Ethereum will be the first blockchain supported.
Designed to help Web3 developers build and deploy on blockchain-based platforms, the new managed service monitors the nodes and restarts them during outages.
The company had earlier announced it would accept cryptocurrency payments for its cloud services starting in 2023 in partnership with Coinbase. This array of blockchain technology features is part of their web 3 tech integration initiative. Google’s Head of Web 3 Strategy, Richard Widmann, said they intend to “build a giant bridge” between web 3 and tech.
Google has been active in the Web 3 sector regarding business development. Previously, Google partnered with Near Protocol to provide technical support for the latter’s grant recipients. Two weeks prior, the tech giant teamed up with Coinbase to bring crypto payments to its cloud services.
Several prominent Web 3 companies such as Solana, Hedera, and Dapper Labs are currently on board with Google Cloud. Layer-1 blockchain company Aptos has said that its node deployment times have been reducing to less than 15 minutes through its Google Cloud integration.
The main advantages for Web3 organizations will be simplified provisioning, managed operations, and secure development. Including placing nodes behind a Virtual Private Cloud firewall and integrating with Cloud Armor as a protection against DDoS attacks.