Alphabet CEO Says Company ‘Definitely’ Looking at Blockchain

Alphabet, the dad or mum firm of Google and YouTube, is the way to construct blockchain applied sciences into its blockbuster companies, executives stated on a Tuesday earnings name.

Responding to an analyst query on how the corporate views Web3, CEO Sundar Pichai stated there are a number of “areas of curiosity” for Alphabet: augmented actuality, for one, in addition to how blockchain know-how can be utilized to energy computing and companies layers for the likes of YouTube and Google Maps.

The corporate is “positively blockchain,” Pichai stated, calling it “an attention-grabbing and highly effective know-how with broad purposes.”

Alphabet’s cloud crew — an rising a part of its enterprise that competes with Amazon Net Providers and Microsoft — is the way to “help buyer wants” by way of blockchain-based platforms, in accordance with Pichai. That seemingly may very well be utilized in using blockchain tech to prepare customer support requests. 

He didn’t present additional specifics. 

“Anytime there’s innovation, I discover it thrilling, and I believe it’s one thing we wish to help the very best we will,” Pichai stated. “The online has at all times developed, and it’s going to proceed to evolve, and as Google, we’ve benefited tremendously from open-source applied sciences, so we do plan to contribute there.

The corporate’s earnings exceeded analyst expectations, with fourth-quarter income of $75.33 billion, a rise of 32% from the identical interval a yr prior. Income rose by one-third. 

“Expertise will proceed to evolve and innovate, and we wish to be pro-innovation and method it that method,” Pichai stated.

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