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Google Cloud Expands Blockchain Data Integration, Welcoming 11 Networks, Including Polygon

Sep 25, 2023 at 09:33 am

In an ambitious venture since 2018, Google's cloud computing division has been meticulously amassing a substantial repository of historical Bitcoin data. This forward-looking initiative is propelled by the belief that their service offers significantly swifter access compared to conventional blockchain querying methods. In a major stride towards fortifying their presence in the blockchain arena, Google Cloud recently integrated 11 additional networks, among them prominent ones like Polygon, Optimism, and Polkadot, into their groundbreaking 'BigQuery' project tailored for managing public datasets.

At the heart of this expansion lies BigQuery, an advanced tool characterized as a "serverless and cost-effective enterprise data warehouse." It is designed to cater to individuals with varying levels of coding proficiency, underscoring Google Cloud's dedication to accessibility and user-friendliness. A noteworthy feature, highlighted by Google Cloud, is the capability for users to expeditiously retrieve historical data from an off-chain provider, outpacing the speed of direct blockchain querying.

Despite the ongoing vicissitudes in the cryptocurrency realm, Google Cloud showcases steadfast resolve in solidifying its foothold in the blockchain sector. James Tromans, the Global Head of Web3 at Google Cloud, underscores the continuous investments and expansion endeavors undertaken over the past 18 months. This comprehensive approach encompasses the fortification of business development, go-to-market teams, and product and engineering capabilities, indicating an unwavering commitment that transcends market fluctuations.

Arbitrum, Avalanche, Near

The recent augmentations to the BigQuery program encompass a diverse array of blockchains, encompassing Avalanche, Arbitrum, Cronos, Ethereum's Goerli test network, Fantom Opera, NEAR, and Tron. This strategic assimilation not only underscores Google Cloud's dedication to providing a panoramic view across the blockchain landscape but also signifies their adaptability to evolving industry exigencies.

Beyond mere archival, the essence of the BigQuery program lies in its capability to facilitate access to historical blockchain data, surmounting the intrinsic limitations of the underlying network. This initiative enables "multi-chain meta analyses" and seamless integration with conventional financial record processing systems, heralding a new epoch of data exploration and analysis.

The press release underscores the burgeoning demand from blockchain foundations, Web3 analytics firms, developers, and clientele for a more expansive perspective across the crypto landscape. This strategic move by Google Cloud streamlines queries across diverse chains, tending to the evolving requisites of the blockchain community.

With the enhanced capabilities of the BigQuery program, data inquiries can encompass a broad spectrum of metrics. These may encompass the tally of NFTs minted on specific blockchains, fee comparisons between networks, or the count of active wallets on chains compatible with the widely adopted Ethereum Virtual Machine (EVM) programming environment.

Google Cloud's expansion of the BigQuery program signifies a monumental leap forward in enabling comprehensive access to blockchain data. This strategic maneuver not only underscores their unwavering dedication to the blockchain sphere but also addresses the evolving needs of the industry, endowing users with potent tools for data exploration and analysis.

Read more: SalvadorTech: Empowering Innovation & Bitcoin

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