Google Cloud, renowned for its computing prowess, continues its expedition into the burgeoning world of blockchain data. With recent additions, it’s fortifying its presence as a key player in the blockchain data terrain.
Google Cloud’s Robust Blockchain Expansion
Having initiated its blockchain journey in 2018 by democratizing data access through BigQuery public datasets, Google Cloud isn’t slowing down. After adding six datasets in 2019, it’s now enhancing its offerings with eleven more high-demand blockchains.
Why the Addition?
It’s a response to a clarion call from blockchain foundations, Web3 analytics firms, developers, and other stakeholders. They crave a broader lens on the crypto realm and the capability to delve into multiple chains. Questions like, “How many NFTs have been minted across specific chains today?”, “How do transaction fees vary across blockchains?”, and “How active are wallets on major EVM chains?” need answers, and Google Cloud is stepping up to provide them.
A Peek into the New Additions
Google Cloud now welcomes:
Avalanche, Arbitrum, Cronos, Ethereum (Görli), Fantom (Opera), Near, Optimism, Polkadot, Polygon Mainnet, Polygon Mumbai, Tron
It’s also refining its existing Bitcoin dataset in BigQuery, introducing Satoshis (sats) and Ordinals to enhance the querying experience for developers.
Offering More Than Just Datasets
Google Cloud isn’t restricting itself to datasets. It’s also rolling out Google Cloud managed datasets with added feature capabilities. A prime example? The managed Ethereum dataset that offers an enriched Ethereum-native data model with tailored tables for distinct events. This facilitates more nuanced analysis, like tracking wallet balances or interactions with particular tokens and smart contracts.
Aiming for Precision
Acknowledging the community’s feedback, Google Cloud is emphasizing features like numerical precision. This will arm users with enhanced accuracy in coin pricing computations and reduce potential computational errors.
Simplifying Access to Blockchain Data
Presently, to tap into blockchain data, customers first must connect to the right nodes and then build and sustain an indexer that converts data into a query-friendly model. Google Cloud is changing this. Leveraging its expertise in scalable data processing, it’s offering an off-chain avenue for easy blockchain data consumption. This eradicates the need for node access and lets users treat blockchain data just like any other.
Moreover, Google Cloud’s data is also finding utility in applications like Looker and Google Sheets.
Joining Hands for a Brighter Future
For half a decade, Google Cloud has stood by the community with its public blockchain dataset offerings. Now, it’s eager to collaborate with partners keen on disseminating public data or monetizing datasets for specialized insights. The aim? To construct unique, cloud-native channels tailor-made for Web3.
Google Cloud’s Visionary Move
Google Cloud’s continued expansion into the blockchain arena, illustrated by its introduction of 11 new networks, epitomizes the dynamic nature of the crypto space. As blockchain and crypto continue to evolve, Google Cloud’s strategic moves set a precedent for other tech giants. The overarching message? The fusion of cloud computing and blockchain is just getting started, and the potential is boundless.
