- A big step has been taken toward the integration of blockchain data into common data analysis tools with the addition of 11 additional blockchain networks to Google Cloud’s BigQuery service.
- This article examines the expanding blockchain integration of Google Cloud through BigQuery, the effects it has on data analysis, and the wider effects of Google’s growing engagement in the blockchain industry.
The recent addition of 11 additional blockchain networks to Google Cloud’s BigQuery service has increased its data analytics capabilities, underscoring the rising relevance of blockchain technology. This advancement represents a significant turning point in the incorporation of blockchain data into widely used data analysis tools. The specifics of this development, its ramifications, and Google Cloud’s growing participation in the blockchain area are covered in this article.
Integration Of Blockchain In More Areas
In a blog post from September 21, 2023, Google Cloud’s BigQuery service announced the addition of 11 more blockchain networks to its ecosystem. Avalanche, Arbitrum, Cronos, Ethereum’s Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon’s mainnet, Polygon’s Mumbai testnet, and Tron are among the newly merged networks. This action demonstrates Google’s acknowledgment of the development of the blockchain ecosystem and the need to accommodate the changing data needs of businesses and developers operating in this field.
Strong Data Warehouse
At its heart, BigQuery is Google’s data warehouse service created to make data storage and searching easier. It is a helpful tool for business organizations looking to store and analyze their data effectively. Additionally, it provides access to open datasets like Google Trends, Google Analytics, and demographic data from the American Community Service, among others. Users now have more options to analyze blockchain data alongside traditional information thanks to this extended integration of blockchain networks into BigQuery.
Improvement Of Query Capabilities
Google has added capabilities targeted at streamlining blockchain inquiries in addition to incorporating new blockchain networks. The complex decimal results that are frequently seen in blockchain data are handled by these user-defined methods. By streamlining the querying process and reducing rounding mistakes, this improvement gives customers more precise and detailed views of blockchain activity.
Blockchain Integration’s History
In 2018, Google introduced blockchain data services within BigQuery, marking the beginning of their foray into the space. The startup first concentrated on Bitcoin and Ethereum, hoping to provide developers with access to on-chain data from these top blockchains. Google subsequently added Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin, and Zcash to its list of supported cryptocurrencies for blockchain in 2019. With the most recent addition of 11 more networks, Google Cloud’s BigQuery now supports a total of 19 blockchain networks, illuminating the landscape’s expanding diversity and complexity.
The Greater Blockchain Footprint Of Google Cloud
Beyond its data analytics offerings, Google Cloud has actively pursued several blockchain-related endeavors in 2023. For many blockchains, most notably Ethereum, Solana, and Aptos, the business offered web3 infrastructure services earlier in the year, including node hosting and validator operation management. To improve its decentralized banking products, it also engaged in strategic alliances, working with Web3 company Orderly Network and Lightning Network infrastructure provider Voltage.
Conclusion
The addition of 11 additional blockchain networks to Google Cloud’s BigQuery service indicates the growing significance of blockchain data in general data analysis. The incorporation of various blockchain networks with data analytics tools like BigQuery is a crucial advancement as the blockchain industry continues to develop. It not only gives businesses and developers more knowledge, but it also shows how committed Google Cloud is to adopting blockchain technology as a disruptive force in the digital sphere. Google’s continuous commitment points to a promising future for blockchain integration in mainstream computing as the blockchain ecosystem is primed for further expansion.
