Elain Brown Tech 09.15.2022 03:Sep AM EDT

BNB Chain Partners with Google Cloud To Support Web3, Blockchain Startups

The BNB chain is now in collaboration with Google Cloud.

Binance and Google are working hand in hand to empower Web3 and blockchain startups. This partnership aims to support all the technological initiatives in the Web3 and blockchain industries.

It plans to support developers, startups, products, and apps through the assistance provided by Google Cloud.

The blockchain, NFTs, and other decentralized projects have seen a massive push in the past few years, which both companies are trying to help cultivate.

Binance, one of the most prominent cryptocurrency exchange platforms, uses its own native smart contract blockchain called the BNB chain.

The BNB Beacon Chain and the BNB Smart Chain were merged into a single entity in February of 2022, which resulted in the formation of the BNB Chain.

BNB Chain and Google's Partnership

Binance's startup projects supported by the BNB Chain will now be able to access the Google for Startups cloud program.

According to CoinDesk, the investment director of BNB Chain, Gwendolyn Regina, stated, "Google Cloud is a very good Web2 player and has really done a lot of Web3 stuff."

"It's important for us to just work with big players who have big visions, and we share the same DNA and same visions."

With the rewarded access that Google will provide to developers, designers, and engineers as a result of the partnership, these professionals will be able to make their products and services even more impressive.

This will assist start-ups in scaling their requirements for cloud computing and business design and will also ensure that they receive the appropriate technological tools for their foundational infrastructure.

In addition to that, the startups that stand to gain the most from these joint partnerships will have the opportunity to receive mentorship from business people associated with Web3 and the blockchain.

According to Crypto Briefing, this venture will benefit all of the projects based on the BNB Chain. There are estimated to be 1,300 projects that will utilize this new partnership, and they range from NFTs, blockchain, cryptocurrency, metaverse, DeFi, and decentralized applications.

This is not the first time that Google has expressed interest in going into the industry of Web3. The tech company has previously been working with blockchain projects like Polygon, Ontology, Bakkt, Dapper Labs, and many more.

BNB Chain's Support from Google Startup

Google will now open its doors in providing the projects under the Binance blockchain the same support and tools in its Google for Startups Cloud Program.

Since Google is such a massive platform with numerous service offerings, it has developed a specialized program to assist new businesses by providing them with privileged access to tools that will speed up their growth.

The technology, services, and support that are provided by the Google Cloud program will now enable Web3 and blockchain-related services to grow in a sustainable manner.

According to Google for Startups, the builders who participate in this program will be eligible for product credits as well as the resources stated below:

Free Google Cloud and Firebase usage with credits of up to $100,000 for the first year.
A Google credit worth $500 that will grant entrepreneurs access to their hands-on labs and online courses.
Exclusive marketing services from Google for selected startups.
Special offers and a wide variety of discounted services.
Most importantly, it will grant access to business and tech support. Google will assist these Web3 and blockchain startups with a dedicated Startup Success Manager.