The cloud infrastructure will allow decentralized applications to be launched and scaled using a template library

NEAR Protocol starts collaborating with Google Cloud to support developers

06.10.2022 - 11:10

137

2 min

What’s new? NEAR Protocol, a platform for smart contracts and creating decentralized applications (dApps), has announced a partnership with Google Cloud. According to an announcement, Google Cloud will provide technical support to developers in creating and scaling projects on the NEAR blockchain.

NEAR’s announcement

More details about the partnership. The Google Cloud service, as part of the partnership, provides the infrastructure for the remote procedure call (RPC) node provider to Pagoda, a Web3 startup platform on the NEAR blockchain. This technology helps developers quickly and easily launch dApps on NEAR using a template library and auto-generated contract user interfaces.

“We will be supporting NEAR and giving Web 3.0 developers the most secure, reliable, and sustainable cloud infrastructure on which they can build and scale,” noted Carlos Arena, Director of Digital Assets at Google Cloud.

The NEAR platform was launched in 2020. As of October 6, 10:30 UTC, the total value locked (TVL) in the ecosystem is $273,15 million, according to DefiLlama. There are more than 20 million accounts and 800 projects on the network. The network averages 300 000 to 400 000 transactions per day, and the total has already surpassed 200 million. The project’s native token, NEAR, is trading at $3679, having gained 1,55% per day, according to Binance. The asset ranks 28th in the overall cryptocurrency ranking with a capitalization of $2,95 billion.

For more details on the project, see GetBlock Magazine’s review.

BNB Chain, developed by cryptocurrency exchange Binance, also partnered with Google Cloud in mid-September to support the growth of Web 3.0 and early-stage blockchain startups. All projects that have already been created on the BNB Chain gained access to Google Cloud’s infrastructure, including the ability to analyze data on the network and encrypt information using the service.

Representatives of the cloud service announced the formation of their own Web 3.0 development team back in early May. In February, Google Cloud launched a service to detect mining malware.

Author:

Vasiliy Smirnov Vasiliy Smirnov

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy