Google is developing its own blockchain technology for cloud-based business

Two weeks ago it became known about the intention of Google in June to ban advertising of coins, ICO, cryptocurrency wallets and tips for trade with digital money. According to sources Bloomberg, now the company has started to develop its own technology on the blockchain.

Google is interested in bloccano

Interlocutors of the edition told that we are talking about a distributed registry that users can use to conduct and verify transactions. The company intends to implement developments to its cloud service. Google representatives declined to comment.

The company has also been investing in startups developing their own distributed registry. Most of these deals are not publicized, the Agency said.

To the fans and the company treated with caution. “This year we have updated a few points of policy in relation to the advertising or unregulated speculative financial products such as binary options, crypto-currencies, the foreign exchange markets and contracts for difference”, — stated in the message published by Google in mid-March.

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