Despite Prohibiting Crypto-Ads, Google To Develop Its Own Blockchain

Despite Prohibiting Crypto-Ads, Google To Develop Its Own Blockchain

It has not been long since Google [most use search engine] did ban cryptocurrency related ads, very similar to the giant Facebook. However, the leadingsearch-bar has chosen to move forward with the technology behind cryptos and create its own blockchain with the aim to deliver transactional and cloud services:

The Alphabet Inc. unit is developing its own distributed digital ledger that third parties can use to post and verify transactions. various sources.

One of the main targets of focus for the company is security, in which case plans are being designed-out to use Identity-Aware Proxy and multiple factor authentication while additionally decentralized technology to be added as the cherry on top of the cake for further infrastructure improvements.

They have invested in manyblockchainstartups, which include Sorj Labs, Blockchain, Ripple, LedgerX, Buttercoin and Veem. A spokesperson for Google said;

Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but its way too early for us to speculate about any possible uses or plans.

For the time being, the firm is exploring ways on how to use blockchain online while their IoT tool and Chrome browser has been outrun by the Chinese e-commerce company Alibaba and a blockchain startup Brave. Supported on the Ethereum Blockchain, Brave is a web browser which using Basic Attention Token or BAT connects readers and publishers.

It is unclear at the moment how retargeting will be tackled. Despite launching a built-in ad blocker, it did not solve the problem. Brave however; promises that it will keep users anonymity by blocking Tracking Cookies.

Weve seen enough consumer harm or potential for consumer harm that its an area that we want to approach with extreme caution.

23.03.2018 / 16:14 30
Googles Parent Company, Alphabet, Is Developing Blockchain-Based Solutions for its Cloud Googles Parent Company, Alphabet, Is
According to people familiar with the situation, Alphabet Inc., Googles parent company, is developing its own blockchain-based distributed digital
Immutable Google? Search Giant Eyes Blockchain for Audits Immutable Google? Search Giant Eyes
Google may be looking to secure audit information using blockchain tech, a patent application published on Thursday suggests. The filing, released by
Google will Create its Own Blockchain in the Future: Report Google will Create its Own Blockchain
Google has been watching startups get ahead of the company with various blockchain projects, but now it has decided to take a major step. Citing
Google to ban cryptocurrency ads from June, will hit ICOs, wallets and exchanges Google to ban cryptocurrency ads from
Google has announced in a change to its advertising policy affecting a wide range of financial products and services that it will no longer serve
Google to Ban ICO, Cryptocurrency Ads in June Google to Ban ICO, Cryptocurrency Ads
Search giant Google has said it will change its financial product policy in June this year, a move that will see advertisements related to
Comments (0)
Add a comment
Comment on