- A web3 specialist from Google spoke at a recent event about its plans for Bitcoin wallet access.
- Google has shown increased interest in web3 integration and adoption over the past year.
Institutional adoption has become the hot topic in today’s crypto market. Just months after Microsoft rejected Saylor’s Bitcoin Strategic Reserve pitch, Google is giving it a green light. The Bitcoin Tech Carnival, which took place on February 18, saw such insightful panel discussions.
Speaking of which, the Hong Kong ConsenSys is said to have kicked off to an enthusiastic audience. According to several reports, Google’s web3 specialist Kyle Song spoke at the Bitcoin Carnival.
During the panel at the Bitcoin Tech Carnival event, Song discussed Google’s plans to explore web3 opportunities. The tech giant plans to allow users to access their Bitcoin wallets through their Google accounts. Furthermore, Song stated that with this initiative, Google is “exploring ways to lower entry barriers so Web2 users can easily use Bitcoin.”
This simplification might work towards even further mainstream adoption of Bitcoin and cryptocurrency. Furthermore, using a Google account to navigate the web3 space might sound user-friendly for web2 users.
How is Google Planning the Bitcoin Integration?
Kyle Song also discussed other web3 integrations that Google is planning. He explained how the firm is also researching solutions to resolve trust issues between on-chain and off-chain systems.
Moreover, the team is also planning to integrate zero-knowledge proofs to enhance internal operations, said the web3 specialist. Using such tools, Google plans to bring Bitcoin to web2 users which in the case of occurrence will blow widespread adoption off the charts.
Previously, Google has also announced other integrations employing tools and software from web3. In October 2024, Google Cloud partnered with SUI which caused the cryptocurrency to surge significantly.
Recently, at the beginning of February, Google Cloud also partnered with Flare in co-hosting an AI hackathon. These partnerships and adoptions can be expected to further drive a higher number of investors and users into the crypto ecosystem aiding in expansion and other optimistic results.
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