After many technology companies have indicated that they will enter the development of Web 3.0 applications, Google earlier announced the formation of a Web 3.0 application development team in the Google Cloud business, hoping to provide many Web 3.0 application-related services to the market.
According to Amit Zavery, vice president of Google Cloud, this move does not mean that Google will expand the development of projects such as blockchain and cryptocurrencies but hopes to provide Web 3.0-related application technologies so that more companies that plan to invest in Web 3.0 application development can make good use of such resources.
Therefore, compared with many industry players who hope to deploy the Web 3.0 trend and strive for more profit opportunities in this market, Google’s current practice is to provide technical resources to help more companies enter the Web 3.0 application market and make profits by providing related technologies.
The newly formed team will include employees who are directly involved in the development of Web 3.0 technology, as well as employees who are interested in this and use their spare time to develop products, and build various Web 3.0 application services through Google Cloud cloud computing platform resources. In addition to plans to make build services run on Google Cloud, Google also plans to extend the service to third-party public cloud services such as AWS or Azure.
Before this, in fact, Google has also expressed its optimism about the development of the Web 3.0 market trend, and also revealed that it has begun to invest in blockchain and cryptocurrency applications, but did not say whether it will directly benefit from such technologies.