Google to Create Own Blockchain Technology

March 23, 2018

According to the sources in the know, Google has begun developing its own Blockchain technology.

It is supposed to be introduced primarily into the company’s cloud storage for business data. Some rumors say, the company plans using blockchain for higher security and apply it for all of its cloud services in a follow-up.

“Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it’s way too early for us to speculate about any possible uses or plans”, a Google representative said.

Note, that as another employee has claimed, the company has entered into a number of contracts with many start-ups with distributed ledger-based projects over the last few months.

Remember, in 2016 Google added test mode for blockchain developers to its cloud services. As users say, the company is enhancing functionality for that addon.

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