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Crypto Price Prediction 2019: Why Google’s Blockchain Tools will be the Rise of Ethereum and Bitcoin’s Price

by Mitansha Chopra
6 years ago
in Business, News
Reading Time: 1 min read
0
Google's Blockchain Tools will be the Rise of Ethereum and Bitcoin's Price

Google is expanding really quickly and now it has included the blockchain search in its list.

The search giant will launch an entire suite of tools for open source developers and they are already live.

Allen Day is the advocate of Google Cloud developer. He will launch several tools for the blockchain along with his open source developers team .

Google's Blockchain Tools will be the Rise of Ethereum and Bitcoin's Price
Credits: Tech Hype

Day said,

I’m very interested to quantify what’s happening so that we can see where the real legitimate use cases are for blockchain. So people can acknowledge that and then we can move to the next use case and develop out what these technologies are really appropriate for.

Evgeny Medvedev, who is the lead developer, loaded transaction data discreetly for ethereum and bitcoin blockchains, along with basic search tools to BigQuery data analytics platform of Google. They have been conducting a study into the use of the software by the developers.

Blockchain ETL : Present Status

At present, they are making use of all that they have learnt. The knowledge will be used for making data sets available for ethereum classic, bitcoin cash, litecoin, zcash, dash and dogecoin among other expanded suite of search tools.

Google's Blockchain Tools will be the Rise of Ethereum and Bitcoin's Price
Credits: Crypto Slate

Medvedev has dubbed Blockchain ETL. It includes features like integration with BigQuery ML tool of Google. It was launched as a part of a test during the previous year. The user basic information will be given by using the machine learning integration. It will give the guidelines for using a crypto currency address.

The various uses of the tools include determining if an address holds funds for mining pool of crypto currency, where unused computer power is contributed by the users for auditing blockchain transactions.

Source: Forbes, Reddit

Tags: BitcoinBlockchain ToolsCrypto pricesEthereumgoogleGoogle Blockchain Tool

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