Google will accept Cryptocurrencies and Bitcoin payments for cloud services

In a collaboration with American exchange Coinbase, Google will start taking bitcoin and other cryptocurrencies as payment for its cloud services. Google will accept Cryptocurrencies and Bitcoin payments for cloud services.

Early next year, Google will begin taking bitcoin and other cryptocurrencies as payment for its cloud services. The internet behemoth revealed on Tuesday that it had partnered with Coinbase, the biggest cryptocurrency exchange in the United States, to make the new payment method possible.

The new payments experience will benefit Google Cloud’s customers and partners by increasing the optionality of payments for Google Cloud services, according to a statement from Google. “Powered by Coinbase Commerce, which enables merchants globally to accept cryptocurrency payments in a decentralized way,” Google said in the statement.

Google will accept Cryptocurrencies and Bitcoin payments for cloud services

The goal, according to Thomas Kurian, CEO of Google Cloud, is to “make it frictionless for all customers to take use of our scalability, dependability, security, and data services” so that customers can concentrate on inventing in the cryptocurrency field.

Google will also make use of Coinbase Prime, the exchange’s institutional custody and investment platform for cryptocurrencies. Although it is yet unclear which particular services the platform Google would use, the business made a statement in which it alluded to custody and reporting services.

Additionally, as a result of the partnership, Google Cloud will be able to access Coinbase’s global data platform, allowing bitcoin developers to use Google’s BigQuery public datasets, which will be supported by Coinbase Cloud Nodes.

According to the statement, “the integration will enable developers to quickly and reliably operate Web3-based solutions without the need for costly and complex infrastructure.”

The author’s views and opinions are presented here; Nasdaq, Inc. is not necessarily represented by these views and opinions.

Astrid Sandoval

ByAstrid Sandoval

In her role as Services Product Manager, Astrid's primary responsibility is to update the company's ProSupport Suite for PCs. She has spent the bulk of her 20 years at Dell in customer service positions in Services and IT. Astrid is delighted to include new technological features in the ProSupport Suite for PCs since she has a strong interest in convenient technologies. She attended the University of Texas, where she earned her BA and BS, and Texas State University, where she earned her MBA.Also has been an active member of the cryptocurrency community since 2018. She has a passion for Bitcoin, open-source code, and decentralized applications.

Leave a Reply

Your email address will not be published. Required fields are marked *