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Google Cloud and Polygon Labs Enter Strategic Partnership, with Funding Support for Startups

Cointime Official

April 28 (Cointime) - Google Cloud and Polygon Labs have announced a multi-year strategic partnership to speed up the adoption of core Polygon protocols, including Polygon PoS, Polygon Supernets, and Polygon zkEVM.

Earlier 

Google Cloud will offer customers automated access to Polygon blockchain nodes through its fully managed node hosting service. The collaboration will also involve Google Cloud contributing cloud services to support Polygon's new zkEVM scaling solution, which significantly speeds up the execution of the network's zero-knowledge proofs compared to the current approach. Furthermore, the partnership will provide features related to Polygon Supernets, a dedicated app-chain, by Q3 2023. 

In addition, new startups backed by Polygon will be eligible to receive funding from Google Cloud, which includes $200,000 in Google Cloud credits. This funding is part of a larger range of benefits available to other Web3-related startups,  as reported by Cointime on April 26.  

“Google Cloud supporting all of the Polygon protocols is a step in the right direction to help onboard more people into Web3" said Ryan Wyatt, President, Polygon Labs. “Today's announcement with Google Cloud aims to increase transaction throughput enabling use cases in gaming, supply chain management, and DeFi. This will pave the way for even more businesses to embrace blockchain technology through Polygon.”

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About Google Cloud

Google Cloud accelerates every organization's ability to digitally transform its business. We deliver enterprise-grade solutions that leverage Google's cutting-edge technology – all on the cleanest cloud in the industry. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.

About Polygon Labs

Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure, and sustainable blockchain infrastructure for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols. Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 220.8 million, over 1.18 million smart contracts created, and 2.48 billion total transactions processed since inception. The existing Polygon network is home for some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe, and Adobe. Polygon Labs is carbon neutral, with the goal of leading Web3 in becoming carbon negative.

Google Cloud Partnership
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