Google Labs Will Do Research Work On Blockchain Technology
Google is planning to do research work in the field of Blockchain Technology and that’s why it constitutes a team to convene research.
It also has been revealed that the group will mainly focus on the next-generation technologies in the distributed computing and Data storage categories.
Highlighted facts
- The team that has been made to research Blockchain Technology is small as of now.
- The head command of the team is Shiv Kumar Venkataraman and will lead it to its fullest.
- A similar team was made in November to do the research work on AR.
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Several researchers commented on Blockchain Technology as it is the growing sector of modern technology and also much great technology industrialist has shown interest to research the field the Blockchain Technology supporting the crypto sector.
The ongoing research work in the sector is revealing the aspect of it in the future market, Google has also made a team to research Blockchain Technology and focus on the up-and coming-tech.
Google lab is the incubator that tests and develops new – tech developments and projects, the parent of the labs is the giant search engine. The head of the lab and project has been appointed Shiv Kumar Venkataraman, the engineer and vice president of the company.
The team that has been constituted for the research work of Blockchain Technology comprises the usual fewer members as a comparison to the other team made for other products and research.
The main objective and task of the team are to focus on the next-generation technologies in the distributed computing and data storage categories, the tip was revealed by Bloomberg.
Blockchain Technology
Blockchain Technology is an extending list of records termed “Blocks” that used to be interconnected with “cryptography” or with the complex codes of an algorithm.
The President of Google commerce had commented on the vision of the company as it will evolve alongside user and merchant demands.
‘Cryptocurrency’ as a Payment Option for Google Services
Google, the giant company in the world still has not mentioned any comment related to the above statement in the public. We are expecting some results related to issuing a platform to the cryptocurrency users for the Selling, Buying, and as a payment mode.
Augmented reality (AR) in Google is expected to be in a higher mode
Recently, Google in November last year 2021 made a team to do research work in Augmented Reality (AR). The step taken by Google in such high potential and log-term areas like AR is clearly showing the expansion of Google arms in the different sectors of future technology.
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