Key dealers
- Google collaborates with the Bitcoin industry to improve Mainstream users.
- It is the focus on improving bitcoin wallets and security to adapt to web2 standards.
Google is working on making bitcoin wallets as user-friendly as web2 apps, according to Kyle Song, APAC Web3 specialist on Google Cloud and speaks at Bitcoin Tech Carnival in Hong Kong. His statement was first shared by a South Korean crypto news page.
Song added that Google’s vision is a future where users can log in to Bitcoin wallets with their existing Google accounts. The goal, he said, is to make Bitcoin more accessible to ordinary users.
The launch of Spot Bitcoin ETFS 2024 has created a simpler road for large web2 companies like Google to enter the Bitcoin industry, says Song. The technical giant has collaborated with companies and developers in the Bitcoin space since last year.
“We are investigating ways to lower entry barriers so that web2 users can easily use bitcoin,” Song said.
Song, who handled the technical challenges of bridging the gap between traditional and blockchain-based financing, noted that Google is focused on security improvements.
“We are also investigating solutions to deal with trust problems between systems on the chain and outside the chain,” he said, leaving that Google is “especially given ways to improve reliability with advanced encryption technology as zero skills (ZKP).”
Google has integrated several well-known web3 projects as part of its efforts to expand in areas such as Layer 1/Layer 2 solutions, multi-part calculation (MPC) and data indexing.
In September last year, Google Cloud introduced a new Ethereum-compatible blockchain remote procedure (RPC) Service designed to facilitate blockchain development for web3 developers.
Layer 1 Blockchain Sui has also collaborated with Google Cloud through an integration that is facilitated by Zettablock. The collaboration enables developers to access Blockchain data in real time from SUI through Google Cloud’s Pub/Sub Service, which enables the creation of innovative applications in various industries.