Google has partnered with Coinbase and will accept cryptocurrency payments

Google has partnered with Coinbase and will accept cryptocurrency payments

Currency from your side Announced that it will move some of its data-related applicationswhich were initially stored using Amazon Web Services, to the Google cloud.

As a result of advertising, the Procedures from exchange increased by more than 6.3% It comes to $71.30.

Collaboration means it Coinbase chooses Google Cloud as a strategic cloud provider to build advanced data and exchange services. Coinbase will use Google’s powerful cloud computing platform to process blockchain data at scale and enhance global access to crypto services by leveraging Google’s premium fiber optic network. Currency base too You will build your own global data platform on the secure Google Cloud infrastructure and will leverage leading data and analytics technologies to provide Coinbase customers with machine learning-based cryptographic insights.”

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Google Cloud is set up to enable specific customers, starting with those in the Web3 ecosystem, Pay for your cloud services with selected cryptocurrencies. Powered by Coinbase Commerce, which enables merchants around the world to accept cryptocurrency payments in a decentralized way, The new payments experience will benefit Google Cloud customers and partners By increasing the payment option for Google Cloud services.”

Crypto Payments Initially it will be implemented for a small number of customers involved in the industry web 3. Google will also use Coinbase’s trustee service, Coinbase Prime.

Around, Amit ZafriVice President, General Manager and Director of Google Cloud Platform, I believed This is in the beginning Cryptocurrency payments will only be accepted from a select group of customers which is already active on Web3 through the Coinbase Commerce integration. But he also mentioned that over time, the service will be offered to more customers..

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“We want to make building on Web3 faster and easier, and this partnership with Coinbase helps developers get one step closer to that goal,” he said. Thomas CorianCEO of Google Cloud.

Brian Armstrongco-founder and CEO of Currencyand added, “We couldn’t ask for a better partner to help implement our vision of building a trusted bridge to the Web3 ecosystem.”

It is worth noting that this is not the only partnership between Google and Coinbase. In January of this year it was announced Google Partnership With companies, including Coinbase Global Inc. and BitPay Inc. To store crypto assets on digital cards.

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