Google reportedly planning blockchain-based services

Google reportedly planning blockchain-based services

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnet.com/news/google-could-offer-blockchain-based-services/

It looks like the blockchain bug might have bitten Google. The tech colossus' cloud computing group is working on a service that could let customers use the heavily hyped transaction processing technology, Bloomberg reported Wednesday.

Blockchain is a potentially disruptive technology to track assets and transactions in a digital record held collectively among many computers instead of a single centralized database. It could speed transactions like home or car purchases, cut down on counterfeiting, cut out middlemen like brokers and escrow firms, and speed up multiparty processes like getting goods through a port. And it's the foundation of cryptocurrency projects like like bitcoin and Ethereum.