BNB Chain, Google Cloud Team Up to Advance Growth of Web3 and Blockchain Projects

The strategic collaboration plans to offer foundational infrastructure, cloud-computing credits and mentorship to some Web3 and blockchain startups.

AccessTimeIconSep 14, 2022 at 1:35 p.m. UTC
Updated Sep 20, 2022 at 6:18 p.m. UTC

Xinyi Luo is CoinDesk Layer 2's features and opinion intern. She does not currently hold any cryptocurrencies.

BNB Chain, a blockchain closely linked to the crypto exchange Binance, is partnering with Google Cloud, aiming to support the growth of early-stage Web3 and blockchain startups.

Projects based on BNB Chain can now access Google Cloud infrastructure including the ability to analyze on-chain data and encrypt information through Google Cloud, a press release said. About 150 projects under a BNB-focused accelerator program will also get “accelerated access” to Google Cloud’s startup support program.

“Google Cloud is a very good Web2 player and has really done a lot of Web3 stuff. It’s important for us to just work with big players who have big visions, and we share the same DNA and same visions,” said Gwendolyn Regina, investment director of BNB Chain.

Mentioning BNB Chain as one of the Web3 ecosystems that Google Cloud started to work with earlier, James Tromans, Director of Web3 of Google Cloud, said that the new partnership is really important to the firm.

“Our mission is to make Google Cloud Platform a great place for Web3 developers to build more broadly,” Tromans said, “We have a strategy that sits behind that [the collaboration], so that we can bring a lot of the engineering capabilities that Google Cloud already has to offer, but make them relevant for Web3 organizations in particular.”

This latest cooperation with BNB Chain follows Google’s push into the Web3 world. Earlier this year, Google Cloud added crypto mining malware threat detection service and launched its new dedicated Digital Assets Team.

UPDATE (Sept. 20, 2022, 18:18 UTC): Updates with comments from James Tromans, Director of Web3 of Google Cloud.

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Xinyi Luo is CoinDesk Layer 2's features and opinion intern. She does not currently hold any cryptocurrencies.

CoinDesk - Unknown

Xinyi Luo is CoinDesk Layer 2's features and opinion intern. She does not currently hold any cryptocurrencies.

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