The source – cnbc.com
Google Cloud has formed a new division. It will offer tools that developers can use to build blockchain networks. Shivakumar Venkataraman will head the blockchain division.
Companies in the retail and healthcare sectors are actively using blockchain technology. But there will probably be other industries that will be interested.
Perhaps Google Cloud will also start accepting cryptocurrency payments.
Success in the new direction will allow Google to move further away from advertising as the main source of income, strengthening its position in the market of cloud solutions.