We are reader supported. External links may earn us a commission.

industry

Google forms new Blockchain group working on 'next-gen distributed computing'

By Sanuj Bhatia January 20, 2022, 1:15 pm
google search

Google revived its 'Labs' initiative in 2021, bringing it back to life after shutting down in 2011. At the time of its revival, Google announced that the teams under Labs would be working on "high-potential, long-term projects," such as augmented reality. According to a report from Bloomberg, Google has now formed a new group under the labs initiative which is focused on working on blockchain.

According to the report, the new team will be focused on "blockchain and other next-gen distributed computing and data storage technologies." Shivakumar Venkataraman, an engineering vice president at Google has become a "founding leader" of Labs. He has previously worked for Google's advertising team and recently published a paper on the company’s techniques for distributed computing. In a recent interview, Venkataraman said that Google has been putting "a lot of attention to crypto."

POCKETNOW VIDEO OF THE DAY

The team is fairly small at the moment and it seems that Google is working to improve its own future. With the increasing amount of data being consumed every day, the company will have to look for smart solutions to store it. The new team seems to be working on finding a solution for this problem as well as eyeing an opportunity to build a product in the blockchain/crypto field.

Source: Bloomberg | Via: 9to5Google

Search

Latest Articles

iOS

Here's how the Apple iPod changed the world in 21 years

iPod was an industry-changing device at its time, and it had a massive impact on modern smartphones, and the way we listen to music. We take a last look at the now-discontinued Apple iPod and the history it leaves behind.

By Roland Udvarlaki May 11, 2022, 10:00 am
iOS

How to use Mic Modes in VOIP and FaceTime Calls

This guide will go over the steps you need to follow to activate one of the available Mic Mode settings on Apple Devices to begin using the feature and improve your calling experience.

By Aryan Suren May 10, 2022, 10:00 am
Phones

This iPhone 14 feature might urge users to upgrade

Until now, it appeared that iPhone 14 would only be a minor upgrade over the iPhone 13 series. However, a new leak suggests that the iPhone 14 will come with one feature that might urge users to upgrade.

By Sanuj Bhatia May 9, 2022, 5:00 am