Google Cloud Joins Tezos Blockchain’s Validator Network

Quick take:

• Google Cloud is set to become a validator on Tezo’s blockchain.
• The company will join, among others, the video game developer Ubisoft and the global consulting firm Deloitte.
• Google Cloud said it is waiving any transaction fees that qualify for it.

Google Cloud has accelerated its web3 strategy after announcing a partnership with the Tezos Foundation. The cloud computing service will now become part of the Tezos blockchain’s validator network.

The Google subsidiary joins video game publisher Ubisoft, global consulting firm Deloitte and the California Department of Motor Vehicles among others, which have leveraged Layer 1 proof-of-stake blockchain for various products and services.

According to the announcement, Google Cloud will waive any transaction fees it is entitled to receive. The partnership allows Google Cloud’s enterprise customers to develop web3 applications on the Tezos blockchain.

In November, the company expanded its partnership with Aptos Labs when it announced an accelerator program. The company is also a node validator on Aptos.

Google Cloud also has its own blockchain node hosting service announced in October. The company also revealed that the Ethereum Network would be the first blockchain supported by the Blockchain Node Engine.

The company also runs a web3 accelerator with another Layer 1 blockchain NEAR Protocol, announced early last October. Google Cloud’s roles include providing technical support to NEAR grantees.

Google Cloud’s latest announcement also comes as competitor Amazon Web Services ramps up support for web3 infrastructure. AWS recently advertised a job seeking a Senior Go-to-Market Specialist. The announcement also came less than a month after AWS tapped former Bybit Global Head of NFT Ian Holtz to lead its web3 strategy in Asia and Japan.

In a statement to Fortune about the company’s strategy amid the development of blockchain and decentralized technologies, James Tromans, Web3 engineering director at Google Cloud, said: “Google Cloud sees the development of blockchain technology and decentralized networks today as analogous to the rise of open source technology . that led to the internet 10 to 15 years ago.”

“Just as open source development was integral to the early days of the internet, blockchain is enabling innovation and value creation for consumers and businesses,” Tromans added.

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