Google also wants to join one leg, more and more interesting in the world of blockchain and Web3.
Google -owned Alphabet Inc chief executive officer Sundar Pichai said his company was monitoring the development of the blockchain and Web 3.0 sectors, in which most technology companies are increasingly investing hundreds of millions of dollars into them.
Alphabet Inc. will join other companies to invest in the blockchain and Web 3.0 sectors, which Pichai described as an exciting and powerful technology with a wider range of applications than any other.
He added that his company is looking for ways to contribute their expertise into the ecosystem and add value into blockchain and Web 3.0.
He added that his Cloud team is looking at how they can support customer needs in building, transacting, storing value and deploying new products on blockchain -based platforms.
Overall, technology will continue to evolve and innovate and Alphabet is seen to want to be pro-innovation in its involvement.
In addition, among the companies that have invested in Web 3.0 are Nike, Walmart, Twitter, Block/Square, Meta/Facebook and Sony.
Google as the world's largest technology company is seen to want to step up and take advantage of Web 3.0 open source technology.
Google's major plans so far include investing in augmented reality (AR), the largest layer of computing as well as wanting to strengthen other layers such as Maps, YouTube, Google Meet and others.
