Digital Assets: Google Cloud Launches Blockchain Node Engine, A Fully Managed Node-Hosting Service

October 28, 2022 | Digital Assets, News

The Engine is aimed at Web3 developers and to help them build and deploy new products on blockchains.

Google Cloud announced today a product for fully managed node-hosting for Web3 development – its Blockchain Node Engine – which minimizes the need for node operations. The Blockchain Node Engine will first support the Ethereum blockchain, providing developers with fully managed Ethereum nodes with secure blockchain access. (Google Cloud)

Blockchain Node Engine

“Web3 companies who require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud compute and network infrastructure,” said Google in its announcement of the fully managed node hosting service.

Web3 developers will get the following benefits from the Engine:

· Faster and easier deployment of a new node compared to the time-intensive process of manually deploying a node. Developers can deploy a new node with a single operation, and specify the desired region and network (mainnet, testnet).

· The Engine offers protection against unauthorized access to nodes by placing them behind a Virtual Private Cloud firewall, ensuring that only trusted machines and users can communicate with client endpoints.

· The Engine obviates the need for having a DevOps team on-hand to monitor the system and remediate problems during an outage. Being fully managed, Google Cloud actively monitors the nodes and restarts them during outages as needed.

The introduction of the Blockchain Node Engine shows Google’s intentions to be a key player in the Web3 infrastructure space.

Related Story: Web3 And dapps Now Accessible Inside The Coinbase App

Photo by Shubham Dhage on Unsplash

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Venture Capital: Swedish Electric Self-Driving Truck Start-up Einride Lands $500M
December 8, 2022     ESG and Sustainability, News, Venture Capital

Einride, the Swedish electric self-driving truck start-up, announced a raise of $500 million comprising an equity-based $200 million Series C portion from investors including Northzone, EQT Ventures, Temasek, Swedish pension…
FinTech: Brazil’s MercadoLibre To Process Business Payments On WhatsApp
December 8, 2022     FinTech, News

Pedro Arnt, CFO at Latin American e-commerce retailer and fintech firm MercadoLibre (NASDAQ: MELI) is in discussions with Meta (NASDAQ: META) to process payments in Brazil on the latter’s WhatsApp…
Alternative Investments/Real Estate: Dimensional Launches Global Real Estate ETF
December 8, 2022     Alternative Investments, News, Real Estate

Dimensional Fund Advisors has added a real estate ETF to its ETF line-up. The Dimensional Global Real Estate ETF offers investors the opportunity to invest in a variety of US…
Artificial Intelligence: Soon, A New York Festival For AI-Created Films
December 8, 2022     Artificial Intelligence, News

Runway ML, the company behind text-to-image AI system Stable Diffusion, is hosting a festival of short films made using AI. Films with a runtime of between one and 10 minutes…