Polygon Labs and Google Cloud Partner to Accelerate Adoption of Core Blockchain Protocols

Polygon Labs and Google Cloud have announced a multi-year strategic alliance to accelerate adoption of core Polygon protocols, including Polygon PoS, Polygon Supernets, and zkEVM. The collaboration aims to make it easier for developers to build and launch web3 products and dApps on the Polygon network by using Google Cloud infrastructure and developer tools.

Polygon Labs hopes that this partnership can help tackle time-consuming processes and high overhead costs that can hamper the development of blockchain nodes. This collaboration could potentially pave the way for more businesses to embrace blockchain technology through Polygon.

As part of the strategic alliance, eligible early-stage startups backed by Polygon Ventures can now tap into new web3-specific benefits through the Google for Startups Cloud Program. The benefits include up to $200,000 in credits for Google Cloud and Firebase usage for up to two years and early access to Google Cloud's web3 products and roadmap.

Polygon Labs President Ryan Wyatt praised the collaboration, saying that "Google Cloud supporting all of the Polygon protocols is a step in the right direction to help onboard more people into Web3. Today's announcement with Google Cloud aims to increase transaction throughput enabling use cases in gaming, supply chain management, and DeFi."

The post also mentioned Google's Blockchain Node Engine, a fully managed node hosting service that was launched last year to cater to web3 developers. The service allows for more secure and streamlined web3 development, indicating that Google is attempting to broaden its services and cater to an ever-expanding market.

Polygon has been hitting many development milestones as of late. Recently, Franklin Templeton revealed that it had registered a mutual fund that runs on the network, making it the first mutual fund to run on blockchain technology. The financial giant noted that it saw operational efficiencies using these systems.

The network also integrated a proof-of-stake bridge to its zero-knowledge Ethereum Virtual Machine (zkEVM), enhancing Polygon's DeFi ecosystem, which was already on a strong growth trajectory.

Overall, this collaboration between Polygon Labs and Google Cloud is a significant development for the Polygon network, as it could potentially accelerate the adoption of core Polygon protocols and make it easier for developers to build and launch web3 products and dApps. It is also a sign that Google is recognizing the potential of the blockchain industry and attempting to expand its services to cater to this market.