Google & Microsoft Have Gone “ALL IN” For Crypto w/ These ALTCOINS!!

The Future of Crypto in the World of Finance

The future of crypto in the world of finance has never been more solidified than it is today. Major players in the financial industry, including Blackrock, Vanguard, and BNY Mellon, are all getting involved with crypto assets in one way or another. But it’s not just traditional financial institutions that are jumping on the crypto bandwagon. Even tech giants like Google and Microsoft are going deep into the world of crypto and blockchain. In this article, we will explore how these companies are getting involved and what it means for the future of finance.

Google’s Involvement with Crypto and Blockchain

Google, one of the world’s most dominant tech companies, has been quietly making moves in the crypto and blockchain space. In April of this year, Google Cloud announced a partnership with Polygon and Celo, two prominent crypto projects. The goal of these partnerships is to accelerate the adoption of core protocols and infrastructure through engineering and go-to-market initiatives.

But the most recent and significant partnership was announced in August with Trace Labs, the developers behind Origin Trail. This partnership goes beyond just infrastructure integration. Google developers are actively trialing out Origin Trail’s infrastructure, specifically their Chat DKG. This deep relationship with Origin Trail is highly interesting, as they are also partnered with another Polkadot parachain, Energy Web. Google’s involvement with Energy Web includes backing the development of low-carbon electricity markets across Europe and joining the world’s largest sustainable aviation fuel program powered by the EWT blockchain.

In addition to partnerships, Google also invests in crypto projects through its venture capital investment arm, Google Ventures. They have investments in top coins like Dapper Labs, Helium, and Ripple Labs. This shows that Google is not shying away from blockchain technology and is actively seeking opportunities to support and invest in the crypto space.

Microsoft’s Role in Crypto and Blockchain

Microsoft, another tech giant, has been a first mover when it comes to blockchain technology. Back in 2017, they started working on a decentralized identity protocol called ION, built on top of Bitcoin. Today, Microsoft Azure has a specific section dedicated to Web3, highlighting decentralized identity credentials through Microsoft Entra. They are still using ION, which provides decentralized public key infrastructure (PKI) capability.

Like Google, Microsoft also invests in crypto projects through its venture capital investment arm, M12. Two of their portfolio companies are Palm NFT Studio and Space & Time. Palm NFT Studio is an NFT development stack, and they have a unique token contribution-weighted voting governance framework. They are likely to do an airdrop, so getting involved with their community and products can potentially earn you more tokens.

Space & Time is an AI-powered SQL decentralized data warehouse, similar to The Graph. While they are currently in beta and don’t have a token yet, they have mentioned the possibility of releasing a token in the future. Engaging with their community and using their products can increase your chances of receiving tokens through a potential airdrop.

The Future of Crypto and Blockchain

The involvement of tech giants like Google and Microsoft in the crypto and blockchain space is a clear indication that web3, blockchain, and cryptocurrency are the future. These companies recognize the potential of this technology and are actively investing in and partnering with projects in the crypto space. They have stated that billions of dollars will be invested in web3 and blockchain in the coming years, and we can expect to see the impact of these investments in the near future.

As the rest of 2023 and 2024 unfold, we will witness where these billions have been allocated and how they shape the future of finance. It’s an exciting time for the crypto industry, and as these tech giants continue to embrace and support blockchain technology, we can expect to see even more innovation and adoption in the years to come.

Frequently Asked Questions

1. How are Google and Microsoft getting involved in crypto and blockchain?

Google and Microsoft are both partnering with crypto projects and investing in the crypto space. Google has partnerships with Polygon, Celo, and Origin Trail, among others. They also invest in crypto projects through Google Ventures, with investments in companies like Dapper Labs, Helium, and Ripple Labs. Microsoft has developed a decentralized identity protocol called ION and invests in crypto projects through its venture capital arm, M12. They have investments in Palm NFT Studio and Space & Time, both of which are likely to release tokens in the future.

2. What is the significance of Google and Microsoft’s involvement in crypto and blockchain?

The involvement of tech giants like Google and Microsoft in the crypto and blockchain space is a strong indication of the potential of this technology. It brings legitimacy and mainstream attention to the crypto industry, attracting more investors and users. Additionally, their partnerships and investments provide support and resources to crypto projects, accelerating their development and adoption.

3. What can we expect for the future of crypto and blockchain?

With the involvement of major players like Google and Microsoft, the future of crypto and blockchain looks promising. The billions of dollars being invested in web3 and blockchain will likely fuel further innovation and adoption. We can expect to see more partnerships, advancements in technology, and real-world applications of blockchain in various industries. The crypto industry is still in its early stages, and as more companies and individuals embrace this technology, we can anticipate significant growth and opportunities in the coming years.