Google Cloud bolsters leading blockchain from Binance

Google Cloud has entered into a strategic collaboration with BNB Chain to enable early-stage Web3 and blockchain start-ups to develop and scale high-performance, efficient, and sustainable innovations for users and the entire industry.

A combination of BNB Beacon Chain (previously Binance Chain) and BNB Smart Chain (previously Binance Smart Chain), BNB Chain is the largest smart contract blockchain in terms of transaction volume and users in Web3. The blockchain currently has more than 1,300 active decentralized applications (dApps) across multiple categories like decentralized finance (DeFi), metaverse, blockchain games, and non-fungible tokens (NFTs) in its ecosystem.

Start-ups leveraging BNB Chain’s blockchain infrastructure will be able to build on Google Cloud’s scalable infrastructure. Additionally, these BNB Chain projects can tap Google Cloud services for on-demand analysis of on-chain data and the encryption of data during processing.

As part of the collaboration, BNB Chain will facilitate accelerated access to the Google for Start-ups Cloud Program for eligible Web3 builders, which will provide Google Cloud credits each year for up to two years, to aid start-ups in establishing and growing their businesses.

James Tromans, director of Web3, Google Cloud, said: “We look forward to collaborating with BNB Chain to provide Web3 builders with the cleanest cloud infrastructure on which to develop and scale their applications. This builds on our existing work to support our customers’ needs in developing, transacting, storing value, and deploying new products on blockchain-based platforms.”

Gwendolyn Regina, investment director at BNB Chain, said: “At BNB Chain, we have been focusing on identifying and supporting innovative Web3 builders, and now by collaborating with Google Cloud, we can help these builders access the open, secure, and carbon neutral cloud infrastructure that’s needed to strengthen and scale their businesses.”