Google CEO praises Web 3 and reveals that Google is thinking about blockchain
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Answer Google CEO praises Web 3 and reveals that Google is thinking about blockchain
In his first public comments about Web 3, Alphabet CEO Sundar Pichai stated that he is closely monitoring the blockchain arena.
In his comments at the Alphabet earnings conference, Pichai added, in response to inquiries about new technologies:
Anytime there is innovation, and now there is Web 3
I find it exciting.
I think it’s something we should do everything we can to support it.
Why Web 3.0?
Web 3, a crypto- and blockchain-based internet model centered around digital ownership, has received significant funding.
The ambitions of many other technology companies towards it have also been recently announced, such as:
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The company “Block”, “Meta” and Twitter.
To implement digital currency-based payments and provide related services.
When it comes to Web 3, Google has been very quiet.
During his speech, Pichai added:
This is a wonderful, powerful technology that has many possibilities.
For the record, the recent announcement of the “Google” cloud was also made and that it will win more contracts with institutions that focus primarily on digital currencies.
Google also launched its own blockchain team to work on the project.
At the time of writing, Pichai has not mentioned cryptocurrencies, which the company does not allow for use in advertising or payment services at this time.
Web 3 and its applicability:
Many proponents of Web 3 consider it an alternative to Web 2 and that it is viable for large, centralized Internet companies such as Google.
Google CEO Sundar Pichai made the comments after announcing a profit of more than $20 billion from the company’s web operations during the fourth quarter.
When discussing Google’s ambitions for augmented reality, Pichai said the company’s goal is to integrate vital services like Maps and YouTube into any virtual environment users might want to use in the future.
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In the video below, you can find more details about the recent speech of the CEO of “Google”:
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