Polygon partners with Google Cloud as Filecoin breaks into cloud market

Google Cloud and Polygon Labs have formed a significant collaboration, while Filecoin has revealed its intentions to offer cloud services of its own.

Google Cloud to will provide access to Polygon

Polygon Labs and Google Cloud have formed a strategic alliance that spans multiple years. The announcement was made by both companies on April 27. As part of the partnership, Google Cloud will provide customers with easy access to Polygon blockchain nodes through its managed node hosting service.

Furthermore, Google Cloud will provide cloud services to support Polygon's new zkEVM scaling solution. According to Polygon Labs, utilizing Google Cloud to execute the network's zero-knowledge proofs is significantly faster and cheaper than the current approach.

Additionally, by the end of the third quarter of 2023, the partnership will offer features related to Polygon Supernets, which is a dedicated app-chain.

In addition, Google Cloud will provide funding for new startups backed by Polygon, which includes $200,000 worth of credits. This is part of a wider range of benefits that Google Cloud announced on April 25 for other startups related to Web3.

The announcement about the partnership states that Google Cloud already provides some support for Polygon. For example, Polygon's proof-of-stake nodes can be accessed through the Google Cloud marketplace, and Google Cloud has included Polygon in its datasets since 2021.

Filecoin aims to provide cloud services

Filecoin, a blockchain project, has revealed a set of decentralized services that seek to offer an alternative to cloud computing giants Amazon Web Services (AWS), Google Cloud, and Azure.

The new service stack offers several tools and services, including access to data storage, a data storage market, deal management tools, client engagement tools, dataset processing tools, and tools for uploading and retrieving data. The service stack will also include functions for Filecoin Web Infrastructure (FWI).

Filecoin currently provides basic decentralized data storage, allowing users to earn cryptocurrency tokens by providing cloud storage. Protocol Labs, Filecoin's parent company, also operates IPFS, a decentralized storage network.

Despite its lofty ambitions, Filecoin seems to have limited resources. Protocol Labs announced in February 2023 that it would lay off 20% of its staff.

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