Google Cloud gets into web3 act with managed blockchain node service • TechCrunch

Five years ago the blockchain was blossoming in the enterprise, or so many companies had us believe. Back then, companies like SAP and IBM were trying to build blockchain practices, but while the technology sounded good to solve myriad problems in the enterprise, it never really took off.

Fast forward to 2022 and the blockchain comes under a new guise with the name web3 as an umbrella term and lots of VC money behind it. So perhaps it shouldn’t come as a surprise that the cloud platform companies want to get into the act.

To that end, Google Cloud announced today that it’s launching Blockchain Node Engine, which it’s billing as “a fully managed node-hosting for web3 development.” Earlier this year, the company announced that it was launching a new…