Google Cloud and Polygon Form Strategic Partnership with Multi-Year Contract to Accelerate Spread of Protocol

1 year ago 118

Accelerating the spread of polygons

Google Cloud and Polygon Labs today announced a strategic alliance with a multi-year deal.

The purpose of the alliance is to accelerate the spread of the Polygon (MATIC) protocol developed by Polygon Labs. Google Cloud will provide infrastructure and developer tools and will be Polygon’s “strategic cloud provider.”

@googlecloud @0xPolygon

Google Cloud will help accelerate adoption of core Polygon protocols w/ enterprise infrastructure & tools.

strategic alliance to increase transaction throughput enabling use cases in gaming, supply chain & DeFi #onPolygonhttps://t.co/POKztinzKP pic.twitter.com/r5P94YaQDt

— Polygon (Labs) (@0xPolygonLabs) April 27, 2023

This partnership has been announced on the website and Twitter, but it was originally announced at the conference “Consensus 2023” held in Texas from the 26th to the 28th. The above tweet was posted by Polygon, but Google Cloud also announced the partnership on Twitter, citing media reports.

Google Cloud supports polygon solutions such as “Polygon PoS” and “Polygon zkEVM”. Both companies will work together to make it easier for developers to build and develop products and dApps (decentralized applications) on Polygon.

For example, Google Cloud’s node hosting service “Blockchain Node Engine” is provided to Polygon’s ecosystem to support the construction and operation of nodes that take time and money.

Google Cloud will also cooperate with Polygon as a cloud provider for zkEVM, for which development competition is intensifying. In today’s announcement, he explained that he tested Polygon zkEVM on Google Cloud and found that transactions were significantly faster and cheaper.

What is zkEVM

A scaling solution that introduces “ZK Rollup”, a rollup technology that utilizes zero-knowledge proofs. Compatible or equivalent to the Ethereum (ETH) virtual machine.

Cryptocurrency Glossary

connection: Polygon launches mainnet beta version of “Polygon zkEVM”

Ryan Wyatt, head of Polygon Labs, commented on the partnership as follows:

The partnership announced this time aims to increase transaction processing capacity and strengthen use cases such as gaming, supply chain management, and DeFi (decentralized finance).

With this, more companies will adopt blockchain technology through Polygon.

connection: What is DeFi (decentralized finance) | A thorough explanation of the advantages and disadvantages that even beginners can understand

In addition, Managing Director Mitesh Agarwal, who is in charge of Web3 operations at Google Cloud, explained that he has been supporting the Web3 industry so far, and said as follows.

We look forward to deepening our relationship with Polygon Labs by working with our other partner, Seace, to provide the infrastructure and developer-friendly tools companies need.

We want companies to provide fast, frictionless, and secure dApps to consumers.

google cloud and polygon

Google Cloud, which operates in the highly competitive cloud industry with competitors such as Amazon Web Services (AWS), is aggressively expanding into the Web3 space.

For example, recently on the 26th, it announced that it had expanded its support program for Web3 startups. Polygon will also cooperate in this support program.

connection: Google Cloud, Web3-specific benefits added to corporate support programs Solana and others also cooperate

In addition, regarding the relationship with Polygon, in May 2021, it was found that Google Cloud supported Polygon’s blockchain data. This allows developers to use BigQuery to analyze Polygon’s on-chain data.

connection: Compatible with Google Cloud, Polygon (MATIC) blockchain data