According to CNBC, Google is building out a web3 team that will offer services for developers running blockchain applications.
According to the source, while Web3 is in in its early phases, Google Cloud vice president Amit Zavery wrote to staff on Friday that the market “is already demonstrating tremendous potential with many customers asking us to increase our support for Web3 and Crypto related technologies.”
Zavery also told CNBC that the firm wants to be the number one choice for developers in that field, but that it doesn’t want to “be part of that cryptocurrency wave directly.”
Instead, the company will provide back-end services to developers that want to create Web3 software.
The team will be part of Google’s cloud computing division, which announced a partnership with Aptos Labs last month to make it easier for businesses and developers to build on Google’s network.
Web3 emphasizes decentralization through the use of blockchain technologies, which is a step forward from web 2.0, which was dominated by major internet giants.
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