Google CEO Sundar Pichai Says Web3 and Blockchain Can Transform the Internet By CoinQuora

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Google CEO Sundar Pichai Says Web3 and Blockchain Can Transform the Internet
  • CEO Sundar Picha is going bullish about Web3 concept.
  • He attributed Web3 to the emerging vision of the internet based on blockchain.Additionally,
  • Picha stated how serious they are to add value to Web3.

Google CEO, Sundar Pichai is super bullish about the concept of Web3 and blockchain as a technology with a vision to revolutionize the internet. He acknowledged his Web3 and blockchain emotions for the first time during Alphabet’s quarterly earnings call program on Tuesday. Interestingly, Pichai claimed Web3 is the phase of the emerging vision of the internet based on blockchain. Sundar Pichai explained,

On Web3, we are definitely looking at blockchain. Web3 is an interesting and powerful technology with broad applications.

Additionally, Pichai expressed how ready and prepared Google is to become a key contributor to the newly emerging Web3 ecosystem. Moreover, he expressed that they are more than ready to add an outstanding value to the Web3 space. Pichai claims that Google will be seen as an industry player in blockchain technology.

Pichai teases his stance on using blockchain for the cloud,

“One example, our Cloud team is looking at how they can support our customers’ needs in building, transacting, storing value, and deploying new products on blockchain-based platforms.

Alphabet’s fourth-quarter earnings results per share accumulated a staggering amount of $30.69 on sales of $75.3 billion, with revenue up 32%. Meanwhile, the company’s expectations for the annual earnings growth were EPS of $27.68 on sales of $72.3 billion.

Google prides itself as a key rival to Microsoft (NASDAQ:) and Amazon (NASDAQ:) when it comes to providing cloud computing services. This is backed by J. Stern & Co.’s Chief Investment Officer (CIO), Christopher Rossbach who claims that “despite cloud computing being a highly competitive sector, current demand will only proliferate and Alphabet (NASDAQ:) will be there to capture this growth.”

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Google CEO Sundar Pichai Says Web3 and Blockchain Can Transform the Internet
  • CEO Sundar Picha is going bullish about Web3 concept.
  • He attributed Web3 to the emerging vision of the internet based on blockchain.Additionally,
  • Picha stated how serious they are to add value to Web3.

Google CEO, Sundar Pichai is super bullish about the concept of Web3 and blockchain as a technology with a vision to revolutionize the internet. He acknowledged his Web3 and blockchain emotions for the first time during Alphabet’s quarterly earnings call program on Tuesday. Interestingly, Pichai claimed Web3 is the phase of the emerging vision of the internet based on blockchain. Sundar Pichai explained,

On Web3, we are definitely looking at blockchain. Web3 is an interesting and powerful technology with broad applications.

Additionally, Pichai expressed how ready and prepared Google is to become a key contributor to the newly emerging Web3 ecosystem. Moreover, he expressed that they are more than ready to add an outstanding value to the Web3 space. Pichai claims that Google will be seen as an industry player in blockchain technology.

Pichai teases his stance on using blockchain for the cloud,

“One example, our Cloud team is looking at how they can support our customers’ needs in building, transacting, storing value, and deploying new products on blockchain-based platforms.

Alphabet’s fourth-quarter earnings results per share accumulated a staggering amount of $30.69 on sales of $75.3 billion, with revenue up 32%. Meanwhile, the company’s expectations for the annual earnings growth were EPS of $27.68 on sales of $72.3 billion.

Google prides itself as a key rival to Microsoft (NASDAQ:) and Amazon (NASDAQ:) when it comes to providing cloud computing services. This is backed by J. Stern & Co.’s Chief Investment Officer (CIO), Christopher Rossbach who claims that “despite cloud computing being a highly competitive sector, current demand will only proliferate and Alphabet (NASDAQ:) will be there to capture this growth.”

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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