NFT News by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage Tuesday, Google announced that it will rely on Coinbase in early 2023 to begin allowing some customers to pay for cloud services using cryptocurrency, while Coinbase stated that it will use Google’s cloud infrastructure . In a competitive, quickly expanding sector where Google’s leading competitors do not now allow customers to pay with digital currencies, the agreement, which was revealed at Google’s Cloud Next conference, may be successful in bringing cutting-edge enterprises to Google. Since it is growing more swiftly than Alphabet as a whole, the cloud business, which helps diversify Google parent Alphabet away from advertising, currently accounts for 9% of revenue, up from less than 6% three years ago. Google will begin letting a portion of its customers to pay for cloud services using digital currencies Coinbase will switch data-related apps from market leader Amazon to Google, whic...

Through its recent collaboration, Google demonstrates its support for crypto currencies. Crypto adoption has been on the rise among global nations. Several industry giants are also tapping into the potential of web3. Earlier this year, the team at Google unveiled that they were building a team to provide services for blockchain developers. The tech giant previously held a pessimistic view of the cryptocurrency sector since it would not allow crypto advertisements on its platform. Google, however, disclosed in June of last year that it was revisiting the policy and would start to enable them. Early this year, the Google Cloud division also disclosed that it was assembling a team to assist its clients in meeting their crypto currency needs. The business said that it was investigating how clients might pay with crypto currencies. Google stated on Tuesday that it would tie up with Coinbase to allow crypto payments for cloud services. BREAKING: Google partners with Coinbas...