In the internet world, Google is a word that doesn’t need any introduction. In-ground reality Google is offering a number of services at zero cost. As a tech company, crypto and blockchain no longer remain outside the domain of Google.
Google recently hired Arnold Goldberg, the former executive of PayPal. He will work in Google’s payment division.
President at Google commerce, Billy Ready said that crypto was big enough to grab the attention of Google.
As it is, PayPal has created a unique space in the world where it can provide crypto-related services to its users all around the world.
With the integration of crypto services, PayPal users feel like they are using an online bank.
PayPal is not the only payment platform implementing crypto in its services as Apple’s payment app, ApplePay also announced that it will integrate crypto-based payment options.
These moves being made by these companies shows that Google’s GooglePay is lagging behind in this increasing trend and competition to implement with crypto and blockchain technology
In the past, Google imposed a ban on all crypto-related advertisements and this is enough to explain why they are not up to date with blockchain and crypto-related technology.
However, in 2020-2021, it started to lift the ban on some particular category-based crypto ads.
As of writing, Google has established its partnership with Coinbase and crypto payment network, Bitpay.
This will help Google collect crypto assets in the digital cards issued by these two platforms, allowing users can pay in fiat.
We’ve seen the blockchain wave bring with it a new breed of developers. These developers come from different niche backgrounds with ideas on how to utilize blockchain to improve business or create a startup with massive innovation.
As such, several big tech companies have started to implement the blockchain technology in their services.
One of such companies is Microsoft. Microsoft launched Microsoft Azure, a division of their company that provides a sandbox for developers to create decentralized applications, also providing blockchain solutions such as AI big data analytics and machine learning to improve efficiency when it comes to information management.
Companies like Microsoft are giving businesses and developers the tools they need to capitalize on and maximize blockchain technology.
Another tech giant getting involved in the blockchain wave is IBM. Just like Microsoft, IBM also aims to provide the computing resources and technological support necessary for blockchain to help businesses thrive.
IBM is helping businesses build their own blockchain, and helping pinpoint the best use cases for each individual platform specific to your industry and niche.
They help businesses create their own smart contract systems and distributed ledger tool using the Hyperledger blockchain creator tool.
They offer blockchain incubators and workshops to help flesh out rough ideas and provide the resources and technical know-how required to give life to these potentially revolutionary projects.
Businesses can utilize the IBM blockchain platform to increase management efficiency, accelerate development and implement smart contracts to cut down on fees and improve overall business efficiency.
Other tech companies implementing the blockchain and metaverse technology include social media giants, Twitter and Facebook. We expect to see other tech giants jump on the blockchain train in the near future.
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