The cloud computing service Google Cloud has partnered with Coinbase, a trading platform as well as a cryptocurrency wallet from the United States. The partnership with Coinbase allows Google Cloud users to make payments via cryptocurrencies or cryptocurrencies. "Today, we are announcing a new partnership with Coinbase, which Google Cloud has chosen to build an advanced exchange and data service," wrote Google Cloud CEO Thomas Kurian on the official Google Cloud blog. At this early stage, Kurian said, only selected clients can pay for Google Cloud services with cryptocurrencies through Coinbase Commerce.
Coinbase Commerce is a platform created by Coinbase that helps companies like Google Cloud to accept cryptocurrency payments in a completely decentralized way. The cryptocurrencies that clients can use to pay for Google's cloud services include Bitcoin, Ethereum, Dogecoin, Shiba Inu, Litecoin, and several others, including the USDC stablecoin. This announcement is part of Google Cloud Next (GCN), a three-day event where Google showcases its latest innovations in the cloud business. On the other hand, with this partnership established, Coinbase said it will use Google Cloud's infrastructure and network analytics for its host and backend systems.
According to a CNBC report, Coinbase will move some of its software from Amazon Web Services (AWS) to Google Cloud, as compiled from The Register, Wednesday (12/10/2022). Talking about cryptocurrencies, in general, the price of cryptocurrencies has shown a weakening trend since its highest price around November last year. According to KompasTekno's monitoring on the Coindesk website, Wednesday morning, Bitcoin was traded at a level of around 19,000 US dollars (equivalent to Rp. 291.6 million) per chip. Meanwhile, Ethereum is selling at a price of 1.282 US dollars (roughly 19.6 million) per chip.
