The two tech giants have revealed a partnership to aid devs make building, starting, and improving dApps and Web3 products on L2 blockchains easier; it emerged at Consensus 2023, organized by leading crypto-focused medium CoinDesk. Now we’ll see what these tech giants are, and what might change by their cooperation.

Polygon fast facts

The platform for Ethereum scaling and infrastructure development known as Polygon (MATIC) is claimed by the team to be the first carefully organized and user-friendly solution.

Its main element is Polygon SDK, a modular, flexible framework that allows creating various apps. With Polygon, devs have the freedom to build optimistic rollup chains, ZK rollup chains, standalone chains, or any other type of infrastructure necessary for their projects.
In the first six months of 2022 alone, Polygon invested $2 million in Gitcoin initiatives and hackathon bounties. Almost 20,000 apps were running in their ecosystem as of April 2022, up from a third of those in January that same year.
Polygon recorded 90 million monthly transactions on average and boasts more than 150,000 contract creators, whose count keeps rising.
Another notable Polygon achievement in 2022 was that big names like Meta, eBay, NFL, and Flipkart announced elaborations on the network.

Google Cloud fast facts

Generally speaking, it is a suite of cloud computing services delivered by Google.

It has many infrastructure and platform services for deploying, and managing apps and data in the cloud. The Cloud includes products and services such as computing, storage, databases, AI and the Internet of Things.
Cloud provides virtual machines and containers to run workloads and apps and virtual private clouds to isolate and secure network resources.
It offers scalable and safe storage options, including the storage, fully-managed relational and NoSQL databases, in-memory data stores, and ML tools to build intelligent applications and automate business processes.
It also delivers processing, analyzing, and visualizing large volumes of data services.

Collaboration news

The announcement of a started partnership was greeted very well, according to the comments left by the Polygon followers. Here’s a Twitter post briefly telling about the perks for Web3 projects planning to join Polygon:

Now let’s see what plans do Polygon and Google Cloud have concerning their cooperation. Polygon will adopt a fully-managed service by Google Cloud for hosting nodes, which will help Polygon’s tech experts focus on protocol developments while retaining full control over the location of node deployment.

Ryan Wyatt, the President of Polygon, said that the partnership will augment transaction quantity and boost operations in DeFi, gaming, and supply chain management. The ultimate aim is for the number of brands using Polygon-mediated blockchain tech to enhance.

According to the Google Cloud team, their collaboration with Polygon will assist the protocol in progressing its strategy for zero-knowledge technology innovation. More specifically, transactions will become quicker and more low-cost in the wake of developments in zero-knowledge innovation. Developers performed tests in the cloud of zero-knowledge Ethereum Virtual Machine (zkEVM) proofs. The outcome was a reduction of the price and higher speed of transactions.

Over the past few years, Google, a prominent player in the Web2 landscape, has been making strides in the Web3 arena by opening up its technical capabilities to devs for project building. To further this effort, the company recently unveiled the "Google for Startups Cloud Program", which aims to assist startups and nascent projects in the Web3 sector to grow and expand their initiatives more efficiently and securely. Additionally, a bit earlier the Celo Foundation (CELO) disclosed its collaboration with Google Cloud to provide workshops and cloud computing solutions to Web3 founders and builders creating on Celo.

Conclusion

The partnership between two companies, Google and Polygon, marks a crucial milestone in the quickly evolving sector of blockchain and DeFi. With Google Cloud team's tech expertise and Polygon's innovative solutions, developers and enterprises will have access to a scalable, secure, and cost-effective infrastructure. As the adoption of blockchain tech continues to gain momentum, collaborations like this one will undoubtedly accelerate the pace of innovation and push the boundaries of what's possible in the Web3 space.

We will follow the news about this collaboration to keep you informed about the freshest and most important events of Crypto World. Stay tuned with SimpleSwap.

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