Coinbase and Google Cloud partner to promote Web3

Coinbase and Google Cloud have entered into a long-term strategic partnership to facilitate the dynamically evolving Web3 ecosystem. press release.

Under this partnership, Google Cloud will become Coinbase’s strategic cloud provider and develop advanced data and exchange services.

Process blockchain data at scale

Coinbase uses Google Cloud’s powerful computing platform to process blockchain data and a top-of-the-line fiber optic network to expand the reach of its global crypto services.

A leading cryptocurrency exchange has also developed a global data platform using Google’s trusted infrastructure, using cutting-edge analytics and data technology to deliver ML-driven insights into digital assets to customers. provide to

Paying in Cryptocurrencies with Coinbase Commerce

Some users of Google Cloud, including users of the Web3 ecosystem, can pay for cloud services in cryptocurrencies. Coinbase Commerce enables merchants around the world to accept cryptocurrency payments in a decentralized way.

Immediate operation of Web3 systems

The partnership will give Web3 developers access to BigQuery cryptographic datasets powered by Coinbase Cloud Nodes. This enables developers to quickly and reliably run Web3-based systems without resorting to complex and expensive infrastructure.

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Coinbase CEO Brian Armstrong said:

We are thrilled that Google Cloud chose Coinbase to onboard a new set of users to Web3 and provide a powerful solution for developers. With 14,500 institutional investors and his over 100 million verified users, Coinbase has spent over a decade creating industry-leading products on-chain. I can’t imagine a better partner.

Google Cloud CEO Thomas Kurian added:

Our partnership with Coinbase helps developers build Web3 faster and more efficiently. We stand ready to support our partner and his Web3 customers his ecosystem. We want all our clients to benefit from security, scalability, reliability and data services so they can focus on innovation in her Web3 space.

Google also uses Coinbase Prime for reporting, secure storage, and other cryptographic services for institutions.