Google is the most recent company to join the growing list of online platforms where accepting cryptocurrency payments is now accepted. The dominant search engine has announced that beginning early in 2019, it would start accepting cryptocurrency payments for Google Cloud through Coinbase.
The information was released as part of Google’s Cloud Next conference, which got underway last night. As implied by the name, Google’s cutting-edge cloud computing division, which accounts for around a tenth of its overall income, is shown during the conference.
This will be made feasible via Google Cloud’s connection with Coinbase Commerce, a well-liked enterprise cryptocurrency payment system. Amit Zavery, vice president and general manager of Google Cloud, said that initially, only a small number of users will be able to pay.
As a result, it is anticipated that Coinbase Commerce would switch “data-related apps” from Amazon Web Services to Google’s cloud.
Although the specifics of this agreement are not yet known, Jim Migdal, Coinbase’s VP of business development, explained that Coinbase will receive a cut of every transaction performed via the system..
For the uninitiated, 10 cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Tether, are presently supported by Coinbase Commerce, making all of them valid payment options at Google Cloud.
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