Google Cloud enters Blockchain Node World with new service

The tech giant Google is increasing its exposure to digital assets and blockchain through the launch of a new solution, the Blockchain Node Engine. In a statementthe company calls the solution “a fully managed node hosting for web3 development” that will allow developers to build and deploy new products on various blockchain-based platforms.

“Nodes on a blockchain form a peer-to-peer network, constantly exchanging the latest blockchain data so that all nodes remain in sync,” the business said.

“While self-managed nodes are often difficult to deploy and require constant management, the Blockchain Node Engine is a fully managed node hosting service that can minimize the need for node operations,” according to the statement jointly signed by two senior officials from Alphabet, Google’s parent company : Amit Zavery, GM/VP of Engineering and Platform, and James Tromans, Director of Cloud Web3.

“Web3 companies that need dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud computing and network infrastructure,” the statement said.

Google said that under the plan, ethereum (ETH) will be the first blockchain supported by the Blockchain Node Engine. This will allow developers to deliver fully managed ETH nodes with secure blockchain access. It is expected that Google will gradually add additional blockchains to the service’s portfolio.

The tech giant said Blockchain Node Engine will provide Web3 organizations with the following benefits:

Streamlined provisioning

Google Cloud’s Blockchain Node Engine can make the process of synchronizing a full node faster and easier for developers by allowing them to deploy a new node with a single operation, as well as specify the desired region and network (mainnet, testnet).

Safe development

Google’s Blockchain Node Engine allows developers to apply security configurations that can help prevent unauthorized access to the nodes by placing nodes behind a Virtual Private Cloud (VPC) firewall.

Fully managed operation

The company designed its Blockchain Node Engine as a fully managed service to ensure uninterrupted availability for users. Google Cloud actively monitors the nodes and relaunches them during power outages. By reducing the need for a dedicated DevOps team, and by relying on Google Cloud’s service level agreement (SLA), the solution reduces users’ focus on maintaining digital infrastructure, according to Google.

“We look forward to supporting organizations with a reliable, easy-to-use blockchain node hosting service so they can focus their time on innovating and scaling their Web3 applications,” according to the statement.