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Author Topic: GOOGLE is going to start its BLOCKCHAIN  (Read 233 times)
FLoving
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March 22, 2018, 10:16:49 PM
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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.
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March 22, 2018, 10:32:07 PM
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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.
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March 22, 2018, 10:34:34 PM
 #3

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?
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March 22, 2018, 10:35:07 PM
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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 Smiley

This is just good for everything XD

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March 22, 2018, 10:37:12 PM
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do you have a link for this news?. thanks

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March 22, 2018, 10:38:00 PM
 #6

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.
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March 22, 2018, 10:41:28 PM
 #7

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?
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.
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March 22, 2018, 10:49:10 PM
 #8

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.
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March 22, 2018, 10:49:51 PM
 #9

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

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March 22, 2018, 10:50:29 PM
 #10

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.
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March 22, 2018, 10:57:08 PM
 #11

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.

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March 22, 2018, 11:05:14 PM
 #12

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.
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March 22, 2018, 11:05:58 PM
 #13

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.
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March 22, 2018, 11:11:14 PM
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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.

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March 22, 2018, 11:16:03 PM
 #15

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.
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March 22, 2018, 11:35:22 PM
 #16

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.
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.




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March 22, 2018, 11:36:43 PM
 #17

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!
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March 22, 2018, 11:40:14 PM
 #18

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.
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March 22, 2018, 11:48:53 PM
 #19

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!

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March 22, 2018, 11:49:39 PM
 #20

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.

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