Google Cloud expands into Blockchain Data, introducing 11 networks, including Polygon
Google Cloud a prominent player in the cloud-computing industry is getting involved in the blockchain arena. The company has expanded its BigQuery program for public datasets by incorporating 11 additional blockchain networks.
Google Cloud's Blockchain Journey
Google Cloud ventured into blockchain data exploration in February 2018 when it announced the availability of Bitcoin blockchain data through its BigQuery program. Over the years, this initiative has grown and Google Cloud has added ten more blockchain networks. Notable additions include Ethereum, Litecoin and Dogecoin.
BigQuery is designed to cater to individuals with varying coding skills, making it accessible to a wide audience. BigQuery has the ability to retrieve historical data from off-chain providers faster than querying the blockchain directly.
Google Cloud has expanded the BigQuery program to include 11 more blockchain networks. These additions encompass a diverse range of networks, including Polygon, Optimism, Polkadot, Avalanche, Arbitrum, Cronos, Ethereum's Goerli test network, Fantom Opera, NEAR, and Tron. This move signifies Google Cloud's commitment to providing a comprehensive view of the blockchain landscape.
The BigQuery program plays a crucial role in making historical blockchain data accessible for exploration. This capability addresses the inherent limitations of blockchain networks when it comes to short time-scale reporting on specific or aggregated money flows stored in the ledger.
The decision to expand the BigQuery program comes from increasing demands within the blockchain ecosystem. Blockchain foundations, Web3 analytics firms, developers, and customers seek a more comprehensive view across the crypto landscape.
Google Cloud's expansion of its BigQuery program to include 11 additional blockchain networks underscores its dedication to the blockchain space. Despite the challenges faced by the industry, Google Cloud's continued investments in blockchain technology showcase its commitment to long-term growth and innovation.
This move would be of great benefits to data analysts and developers but also contributes to the broader adoption of blockchain technology in various industries. Google Cloud's role in advancing the accessibility of historical blockchain data is a testament to the transformative potential of this emerging technology.