Starting next year, crypto payment such as Bitcoin is going to be available for Google Cloud services. In order to improve data center performance, it is also planning to release a chip designed jointly with Intel, a U.S. semiconductor company.
According to CNBC and Market Watch , Google held its annual technology conference “Google Cloud Next 22” and unveiled its business plan.
Google has decided to partner with Coinbase, the largest crypto exchange in the U.S., to payment for cloud service. It plans to link the “Coin Base Commerce” service, a crypto payment service for Coinbase operators, to Google Cloud. In the case of Coinbase Commerce, it currently supports 10 cryptocurrencies such as Bitcoin and Ethereum, Doji Coin and Light Coin.
Google is the first major cloud companies such as Amazon and Microsoft to allow payment with crypto. The decision is based on the judgment that virtual currency payments will be able to report on cutting-edge corporate customers in the rapidly changing cloud service market. With this partnership, Coinbase has decided to move data-related applications from Amazon to Google Cloud.
Amit Geverry, vice president of Google Cloud, said, “We will provide appropriate services to customers who want to pay with virtual currency through integration of services with Coinbase commerce,” adding, “Google believes that more and more customers will want to pay with virtual currency in the future.”
Google also announced that it will launch a chip designed jointly with Intel to operate cloud data centers more safely and efficiently. The code-named “Mount Evans” E2000 chip performs data packaging for networking from the central processing unit (CPU) that performs main computing. Google explains that this provides better security among customers who share CPUs in the cloud and provides 20% better performance than previous models.
