Binance’s smart contract-based blockchain venue, BNB Chain, has partnered with Google Cloud to accelerate both the blockchain itself and Web3-based startups. This partnership is intended to benefit both parties. According to the terms of this agreement, blockchain-related startups that are currently available and that are already constructing services and goods on the blockchain platform BNB Chain will be given access to a more protected and sound venue of Google Cloud in order to have their products established on an open-source, secure, and massively parallel infrastructure provided by Google Cloud.
BNB Chain and Google Cloud Are Working Together to Help Web3 Startups
More than 1,300 decentralized applications from the realm of decentralized finance, also known as the Metaverse, will begin working on the BNB Chain as a result of this campaign. Access to the infrastructure and the instruments that are provided by the above settings can be gained through the use of non-fungible tokens (NFTs) and games that are based on blockchain technology.
In addition to this, the projects described above will make the Google Cloud available to be used for on-demand data analysis and encryption of on-chain data with no delay in either case. In this context, the availability of a venue to help the initiatives and programmers in gaining access to the cloud infrastructure that is carbon-neutral in order to scale the services is an important aspect to take into consideration.
Beneficiaries of these projects will be granted permission to use Google’s platform in order to communicate with specific developers working within the Web3 ecosystem. This permission will be granted provided that the projects are successfully completed. This takes into account the projects that have been acknowledged by the BNB Chain as having achieved the status of Most Valuable Builder (MVB) accelerator initiatives. The Google for Startups Cloud project will, over the course of a couple of years, be giving away Google Cloud credits on an annual basis to early-stage business owners in order to help them construct and advance their respective endeavors.
Developers of Web3 will be given access to a wider variety of opportunities.
The development of newly founded commercial ventures will be encouraged by this program. Because of this contract, Web3 developers will be able to establish an effective line of communication and collaboration with the people who make up the Cloud Startup Success group. Experts within the company who are knowledgeable in specialized fields such as artificial intelligence, machine learning, and zero trust security, amongst others. Other things that are included in this regard include the certifications and training that are available at Google Cloud, as well as the conduct of development firm workshops that are open to members.
The BNB was launched in February of this year after the BNB Beacon Chain and the BNB Smart Chain were brought together to form a single entity. The Ethereum Virtual Machine can interact with the blockchain network without any problems. In addition to that, this project does make it possible to advance in a multi-chain ecosystem.