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Reading: Google Cloud Doubles Down on Blockchain with BNB Chain and ZetaChain Partnerships
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Reading: Google Cloud Doubles Down on Blockchain with BNB Chain and ZetaChain Partnerships
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Home - Google Cloud Doubles Down on Blockchain with BNB Chain and ZetaChain Partnerships

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Google Cloud Doubles Down on Blockchain with BNB Chain and ZetaChain Partnerships

Toby
By Toby November 13, 2024 615 Views
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Google Cloud Doubles Down on Blockchain with BNB Chain and ZetaChain Partnerships
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  • Google Cloud teams up with BNB Chain and ZetaChain to fuel blockchain innovation.
  • $10 million in credits awarded to BNB Chain developers working on Web3 and AI.
  • ZetaChain taps Google Cloud as a validator to strengthen its mainnet and testnet.
  • Partnerships reflect Google Cloud’s commitment to building the future of Web3.

Google Cloud is stepping up its blockchain game with two exciting new partnerships that highlight its focus on decentralized tech and the next generation of Web3 developers. On Tuesday, Google Cloud announced support for BNB Chain, Binance’s blockchain platform, and ZetaChain, an up-and-coming interoperability blockchain, marking a significant investment in the future of decentralized applications and blockchain infrastructure.

Contents
Google Cloud Invests $10 Million in BNB ChainGoogle Cloud Becomes a Key Player on ZetaChain

Google Cloud Invests $10 Million in BNB Chain

For BNB Chain, Google Cloud is providing $10 million in credits to power its Most Valuable Builder (MVB) Program, aimed at empowering independent developers focused on Web3 and AI. 

These credits will be distributed to around 40 selected MVB projects, with up to $350,000 for AI-focused teams and $200,000 for other Web3 initiatives over the next two years. This funding isn’t just a drop in the bucket — it’s a direct investment in the builders working on blockchain’s cutting edge.

https://twitter.com/BNBCHAIN/status/1856336252854837252

In the announcement, Google Cloud made it clear that it’s not just about throwing money at the sector; it’s about creating a foundation for blockchain innovation. The funds are specifically geared toward smaller, independent projects that often need that extra support to bring big ideas to life. By helping these developers leverage Google Cloud’s powerful infrastructure, BNB Chain’s ecosystem will continue to grow with an influx of new projects.

Google Cloud Becomes a Key Player on ZetaChain

While BNB Chain is about empowering developers, Google Cloud’s role with ZetaChain goes a step further. ZetaChain, which focuses on making Web3 interoperable, is now backed by Google Cloud as a validator on its mainnet and testnet. Google Cloud’s support includes delegating one million ZETA tokens to five dedicated Google validators, reinforcing the network’s security and stability.

https://twitter.com/zetablockchain/status/1856338812109979711

This validator role means Google Cloud is actively involved in keeping the ZetaChain network secure and reliable — an essential feature for a blockchain that aims to connect different decentralized ecosystems. Richard Widmann, Google Cloud’s Head of Web3 Strategy, explained that the company is all-in on supporting “the tools and infrastructure needed to build the future of decentralized applications.”

Google Cloud’s support isn’t just about validating transactions; it’s about validating Web3’s potential. By choosing ZetaChain, Google Cloud is showing its commitment to making blockchain ecosystems more interconnected and versatile.

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Last Updated on November 13, 2024 by Toby