Google cloud platform will begin to receive payments through Coinbase bitcoin-foreign

Google technological giant will allow customers to pay cloud services with cryptocurrencies through Coinbase.

As part of a strategic What is the difference partnership, the Exchange will use Google Cloud instead of Amazon Web Services to process blockchain data.

At the beginning of 2023, cryptocurrency payments will be available to several Web3 companies. In particular, Coinbase has already integrated with the Shopify platform.

Coinbase Commerce processing service supports 10 digital currencies, including bitcoin, Bitcoin Cash, Dogecoin, Ethereum and Litecoin.

The terms of the transaction are not disclosed. However, according to the Vice President of the Business Development Exchange, Jim Midal, the trading platform will receive a percentage of the transactions ongoing transactions.

Blockchain developers will be able to use publicly available cryptographic data sets of Google Bigquery. They will work on Coinbase cloud nodes to optimize the creation of Dapps .

Google will also study the possibility of using the Coinbase Prime service for storing cryptocurrencies and managing the risks of an investment portfolio associated with them.

Recall that in August, the BlackRock management company announced cooperation with Coinbase Prime to ensure direct access to institutional customers to trading digital assets.

In January 2022, Google hired the former PayPal Executive Director Arnold Goldberg to restart the payment unit. The appointment is associated with a wider strategy of the company to combine a number of financial services, including cryptocurrencies oriented.

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