BNB Chain and Google Cloud

Binance has done it again. They continue their pursuit of partnering with various web2 industry leaders, this time, BNB Chain partners with Google cloud aiming to “support the growth of early-stage Web3 and blockchain startups.”

Imagine blockchain projects having access to the google cloud infrastructure. Beyond that, they are able to now analyze on-chain data and encrypt information through the Google Cloud.

What does this mean for blockchain startups? I would think it would make it more attractive. The data Google Cloud can provide will be unparalleled by most, accelerating timeline for startups in achieving their end goal.

As reported, about 150 projects under a BNB-focused accelerator program will also get “accelerated access” to Google Cloud’s startup support program. This is simply amazing.

“Google Cloud is a very good Web2 player and has really done a lot of Web3 stuff. It’s important for us to just work with big players who have big visions, and we share the same DNA and same visions,” said Gwendolyn Regina, investment director of BNB Chain.

Find out more about what Gwendolyn thinks about Why Venture Funds Are Rushing Into The World Of Crypto during Metajam Asia 2022.

While the partnership between the two might just be a symbolic one, it potentially spurs and encourages new partnerships between other players in web2 and web3 space. Why? Because of the need in staying competitive.

Binance is moving needles in web3 and beyond. Previously, they partnered with Mastercard for crypto payments and now have plans to expand hiring in the European region after receiving approval from France’s capital market regulator, the AMF (Autorité des marchés financiers), for registration as a Digital Asset Service Provider (DASP).

Also, read Juggernauts Binance & Mastercard Join Forces For Crypto Payment At Over 90 Million Merchants

[Editor’s Note: This article does not represent financial advice. Please do your own research before investing.]

Featured Image Credit: Chain Debrief