Bitcoin Forum

Today I heard that google is also working to start its blockchain. That is a very good news for the blockchain users as it means that now everyone even most expert also think that blockchain is the future of this world success and they all are busy to develop their blockchain technology. It means that the world giants have believe on blockchain technology. With this progress it is sure that bitcoin will be considered as the best option for the future business and with this progress people will believe that bitcoin is the right option for the future global economy and business. This will increase the value of bitcoin to a highest stage.

Google is working on its own blockbuster to support its cloud services and to strengthen future positions, in the light of active competition from start-ups working with the blockbuster. This is reported by Bloomberg, with reference to several sources familiar with the situation.

Developments are conducted by specialists of Google's parent office, Alphabet Inc. The company intends to use distributed registry technology to increase the security and reliability of storing information about transactions and other data in its cloud services. The timing of the launch of the product has not been disclosed.

"As with other innovative technologies, representatives of different departments are exploring the potential for blockage, but it is too early to talk about any specific dates," the Google representative said.

The Internet giant also concluded a number of agreements that imply the subsequent acquisition and investment in certain start-ups operating in this area, sources said.

In 2016, Google first began testing block-development in its cloud. According to sources, now the company is launching a much more extensive testing of the ways of using and deploying block-technology for its services.

However, as we reported earlier, in June 2018 Google will prohibit online advertising that promotes any content related to crypto currency, as part of its recently updated financial services policy, which introduces restrictions on several financial products, including CFDs ), rolling spot forex and rates on the financial spread - all this is considered as products with high risk.

After google forbid crypto and ICO ads, this is very shocking news.
google might make a mistake, then cover it by starting applying blockchain technology.
is it possible that Google will make coins and make ICO projects?

Google has its hands in too many cookie jars. It can't even roll out Google Fiber everywhere, and now it wants to get into Blockchain tech?

Though, I'm sure we all hate Google, being that we're all fans of anonymity, freedom, and privacy protection. But, we all admit that Google is THE company to choose when you want to advertise an industry.

And believe me, if they're getting into crypto like this... it's going to be good for the crypto industry. Like the whole world uses Google, and suddenly Google is going to advertise their crypto on Gmail, Google, and YouTube, and whatever other products they have....

You're gonna see more people exposed to crypto, and they'll find their way into buying crypto :)

This is just good for everything XD

do you have a link for this news?. thanks

It's just a matter of time and Bob's your uncle, most tech gurus will begin to give up on their so-called hatred for cryptocurrencies. Blockchain being the backbone of bitcoin should only tell us that bitcoin and blockchain are one of the best inventions ever in the 21st century.

At the time when google blocked the crypto ads from their site they said that they are blocking them because they want to restrict those who start scam ICOs and some scam servies and they did not said trhat blockchain is bad because of which they are blocking. It means that google is not against blockchain technology but they are against the scammers. I hope that in the future when they will be able to filter out the scammers they will start once again to advertise ads related to blockchain technology.

Its the right thing to do despite them taking long too long to figure this out and this shows that the blockchain is ready for mainstream adoption. Its just a matter of time before other companies like paypal join the bandwagon which will put a seal of approval on bitcoin and other cryptos which will attract new investments and a ignite demand.

this does not surprise me one bit its clear from even the approach of the world governments that they have discovered a real way to use the bitcoin and the blockchain technology based on the about turn they have made in favor of bitcoins . in the American food industry they are using blockchain technology in the food industry to track produce from the farm straight to the supermarkets , some processes that took weeks to do they were able to achieve in 0.21 seconds with blockchain technology. Block chain is a real game changer

Yes, I really agree with google action, I admit google is the largest internet company and have a very high level of security, so if google make products related to bitcoin, eg bitcoin wallet, would be a lot of people who use the product.

Really happy reading that news.
Blockchain is indeed the trend in the future.
That is why those who would want tp compete must now find a way to harness it and use it for their advantage.

Google uses blockchain technology for its cloud service, and it doesn't support bitcoin at all. To be honest, the same thing ever happened in some banks in my country and they have applied blockchain technology to their financial system but they deny the existence of bitcoin.

Now there is difference between blockchain and crypto currency, blockchain is the basic of crypto currency but this does not mean blockchain is only used for crypto currency only. It also have greater benefits which will be highlighted in the coming future, companies are discovering its potential and adapting into system but this does not guarantee happy days for crypto users as they might end up giving nothing to this market.

All major companies are going to transition to blockchain technology because it is truly the future, but most of them are probably going to do it without cryptocurrencies, this is the problem with most alt-coins, there is no need for the coin, the idea can work just as well if not better without them.

If what you've heard is true then surely google will be much powerful with that. With the blockchain technology lots of their services will improve depending on how will they use it.
We might see also a google chain app. Just joking.

You are right. Lot of banks are interested in blockchain technology, but at the same time they are hating Bitcoin and cryptocurrencies. So, if Google will start to use blockchain technology it will be any positive impact to Bitcoin.
I see that many people don't understand what is blockchain. They thinking that blockchain technology can be used only in crypto sphere. I'm not sure where exactly Google will use blockchain, but from what I see here - it's not related to Bitcoin and cryptocurrencies.

Think everyone wants to start their own blockchain...we just need the scaling to be there. Scaling a google blockchain would be huge. Not impossible, just hasn't been done yet. Exciting if true!

Yes, this is very good news, with Google using Blockchain technology will increase public confidence in bitcoin and also will bring bitcoin prices peaked month.

It's not surprising that technology giant Google has studied blockchain technology.

Who has mastered the technology of block chain, can lead the technology trend, the application of blockchain is still waiting for development!

These applications will bring more convenient and faster life for mankind!

this is really very good news because with google receive bitcoin then bitcoin price will also rise. people will see news about bitcoin from google because ads about bitcoin will be found many in google. hopefully more people want to invest in bitcoin.

Of course almost every big companies in the world that knows cryptocurrency are all considering blockchain in there business, because they can easily find investors without talking to them personally, actually some of the owner big companies that knows bitcoin invested on it. They just need to get an expert on bitcoin and altcoins and a team for advertising and marketing in terms of cryptocurrency and then they can start the project. Recently there are events in almost every country that teaches about the blockchain technology for all businessman that is interested, yes it will increase the value of bitcoin :)

Will that be the reason why they banned all the cryptocurrency advertisement? Because they don't want any competition on their side? If that is the case will facebook create there own currency too?

This is exactly what I was thinking as well

WTF did you said? I barely can understand, but there wasn't anything related to Bitcoin and cryptocurrencies in these news. Do you understand that Bitcoin and Blockchain are different things? And, did you missed news that Google banned advertisements related to cryptocurrencies?
Please, try write more understandable, if you can't - post in local boards. But if you don't know difference between Bitcoin and Blockchain, better to not post at all.

Maybe he just misunderstood it, that bitcoin differs from blockchain, let us just try to teach him, don't hate him maybe he was still confused.
Anyway, what is the plan of google? to have its own coin too? Well, if that happens that they  were trying their own coin then they might banned bitcoin.

Damn, of course that the corporate giants will join and ride the wave as well. Blockchain technology might be useful for all of us tho.

Yeah, Recently I heard about this news and this is one of the positive move from Google and which leads to mainstream adoption of blockchain technology.

I was kind of excited when I saw the news because it basically gives some sort of credibility to the blockchain technology as a whole. Maybe when Google launches their blockchain project, the world might begin to embrace the tech.

Positive? This move just leaves me indifferent to be honest. As if there's going to be any benefit to the public that Google is going to make use of blockchain.
Could just be for internal use only and I doubt that the reward structure will be any good if they do decide to use it for something public.

They're just jumping on the bandwagon like almost every existing company that suddenly wants to launch their own blockchain.
Not saying that this is bad or anything.

I do not agree with you a bit about the fact that bitcoin is the future for all businesses, since there is a more technologically developed coin - Etherium, but the fact that Google will launch its blocking system will be a new technological progress not only inside this company and this will open up a new race among other big companies

really? I think that's just FUD. I do not think Google will officially take that action. I still do not see any news from Google. I think you should look carefully before posting your post. Or to prove your opinion is right, it is best to insert a link to the news.

Though what you said is true, lets face the fact that GOOGLE do this to improve their technology specially in monetary services and can make bitcoin less valued since there blockchain is more functional and the company is known for many years.

What is the source fro this one apart from you hearing it out of the thin air! I mean is there anything that has been published by the google itself upon this matter.

Because the other day I was looking after the news that google is about to ban all the crypto related advertisement which I think is part of blockchain itself. Isn't it? And you talking about the google accepting the blockchain as part of their platform? Wow thats amazing.

If that does happen then everyone knows that blockchain will be published to wider public and they will ultimately start believing everything under it like bitcoin and altcoin and may just make the investment into it. Thus it would be revolutionary thing for the market to follow.

We constantly see various references but from this information will not become more truthful. Google is a big monopoly. He always works in the interests of the government because it helps him to maintain his monopoly position. I do not see support for cryptocurrencies from all governments. So I do not believe that Google will do it.

Do you have a source for this?

We should not be surprised by the news. Although GOOGLE intends to ban ICO ads, it doesn't conflict with big companies embracing block chain technology. In fact, since last year, there have been a lot of science and technology companies in the United States concerned about or participating in block chain construction projects. It may not take a long time, and the big powers will change their views on special currency.

It won't hurt bitcoin in any way, it could benefit it as it shows acceptance and benefits of blockchain technology. Google are not using it for payments which is what bitcoin is designed for, it will most probably function without a cryptocurrency all together.

o right i think bitcoin and cryptocurrency will become more popular so i think the market will go to the moon soon and maybe some big companies will going to accept this and yes i know that cryptocurrency is very good idea to improve our economy because this is very helpful and i think this is our future currency .

Google plans to implement its own blockchain system to ensure the security of storing client data. Innovations will help Google stand out from the competition. In addition, one of the divisions of Google develops its own distributed registry, which third-party companies can use to send and verify transactions. I think it is great news. Against the background of such innovations, the price of bitcoin will grow, in my opinion.

That is a good idea for google, it will really make their system secured and less worry for them, blockchain really have a great impact in our society espeicially in businesses, hope that some companies will also gonna adapt this one.

Google's adaptation to blockchain technology does not mean that they will also develop their own cryptocurrency nor embracing bitcoin. Blockchain technology has many use cases and cryptocurrency creation is one of them. Decentralization, tamper-proof and transparency network is the main goal of blockchain and many large companies are admiring this amazing kind of technology. Technology giant like Google are trying to develop further blockchain technology to minimize hardware cost of data networks.

your prediction may be correct, but what about google's decision to ban crypto and ICO ads? will this really apply next June? or is this just a google strategy to play with bitcoin prices in the market?

yess, i am looking forward to this news. This is the time for me to buy many altcoins and wait for them to rise. I like the news like this, because I can multiply my wealth three times. But let me know, should I hold the bitcoin right now? Thank you for your advice.

the blockchain is the backbone of the bitcoin and all the other cryptocurrencies,until now it have proves security and have secured the cryptocurrency users without any complaint.So there seems a good implementation of the this results by some of the major companies in the internet.The researches of google to implement the blockchain technology to the google seems they have also understand the advantages of the technology.But what matters is how they deny the cryptocurrencies. hopefully it will also turned in the future.

Google is one of the influential website ever created like Firefox and internet explorer, if they will launched their own coin then it's a ninety percent successful since they can make also free ads on their own site to spread their token information.