If there is a single tech company capable of mapping out the direction of crypto, it’s going to be Google. Google’s involvement certainly speaks volumes for the growth and future of crypto.
Bitcoin Magazine has rumors circulating about Google’s intention to expand storage crypto cards.
Bill Ready, Google President of Commerce, has notified Bloomberg of the direction Google plans to take and what that might mean for the world of crypto. In Ready’s statement to Bloomberg on January 19th, he said, “Crypto is something we pay a lot of attention to. As user demand and merchant demand evolves, we’ll evolve with it”.
Google’s New Setup
Google engineer, Shivakumar Venkataraman, plans to oversee a unit focusing on emerging blockchain technology. Gathering from his extensive experience of publishing research on the industry’s technical techniques, Shivakumar’s new role will benefit from this experience.
Arnold Goldberg, PayPal executive, will be brought in to oversee Google’s payment division. Goldberg is also dipping into his experience as he steps into this new role. He previously acted as Chief Product Architect and General Manager at PayPal where he managed the company’s central checkout and merchant services business.
As this tech giant steps onto the scene, we’ll all be looking on with excitement. Google is indeed bringing good things to the world of crypto!