The multi-billion dollar corporation and search engine have recently announced a new feature that will help all Ethereum holders to better research Ethereum wallet addresses online.
The new functionality operates through Etherscan, a website that gives statistics on the Ethereum blockchain.
After Bitcoin, Ethereum is the second-largest cryptocurrency by market capitalization. Its blockchain is utilized to create popular decentralized apps (known as dapps). It hosts DeFi and NFT trading activities worth billions of dollars.
With the correct tools, anybody can find out how much ETH a wallet owns, what transactions it has performed, and what applications its owner has interacted with on the network.
This is the type of data that traders and analysts may find extremely useful, and companies like Nansen have created businesses to make such data more accessible.
Google Going Crypto
The new feature follows Google’s Oct. 11 deal with crypto exchange Coinbase to allow consumers to pay for cloud services in cryptocurrency, which is slated to be live in early 2023.
Through this collab, the tech giant will begin accepting Bitcoin, Ethereum, and Dogecoin as payment for cloud services through Coinbase early next year.
Coinbase will develop its global data platform on Google Cloud, and Google Cloud will use Coinbase Commerce to allow crypto payments for its solutions.
According to sources, Coinbase will shift Coinbase workloads to Google Cloud in order to provide enhanced exchange and data services, as well as offer Coinbase users machine learning-driven crypto insights powered by BigQuery and VertexAI.
Google Cloud will employ Coinbase Cloud Node to power its BigQuery crypto public datasets across many main blockchains such as Ethereum, Bitcoin, and others.
In terms of digital asset custody, Google employs Coinbase Prime as its cryptocurrency broker and custodian.
This means that Google, probably the world’s most influential digital company, has its sights set on what is thought to be the next internet interface, which will rely largely on blockchains to work.