BNB network will cooperate with Google Cloud

The BNB Network blockchain incubator, supported by Binance, has announced a partnership with Google Cloud to support Web3 and blockchain startups such as Bitsgap, the platform that developed the Bitcoin Trading Bot and gained recognition in the Western market.

To repeat, the blockchain is a digital ledger of all cryptocurrency transactions. BNB Network aims to build an ecosystem that will make it easier for individuals and organizations to use blockchain technology.

As part of the partnership, Google Cloud will provide technical resources and support to BNB Network portfolio companies. In addition, both organizations will cooperate in educational initiatives and events aimed at promoting blockchain technology and its application.

"We are excited to partner with Google Cloud to support the next generation of blockchain startups," said Binance CEO Changpeng Zhao.

Google Cloud's technical resources and expertise will be invaluable to our portfolio companies as they create innovative solutions based on the Web3 stack"

"This partnership is another example of our commitment to supporting the blockchain ecosystem," said Google Cloud CEO Thomas Kurian.

"We look forward to working with Binance and its portfolio companies to help them scale their business and accelerate the adoption of blockchain technology."

BNB Network is a global incubator for blockchain projects supported by Binance, the world's largest cryptocurrency exchange. The network provides early-stage funding, mentoring and resources to help blockchain startups develop their businesses.

There are such successful projects as:

• Haven, a company creating a platform for storing and managing investors' assets;

• CertiK, a company creating a platform for blockchain auditing;

• Ankr, a company that creates infrastructure for cloud computing;

• Republic, a company creating a platform for digital assets.

Companies that have already been able to start functioning thanks to the BNB Network. Thanks to the partnership with Google Cloud, BNB Network will be able to continue supporting innovative startups such as Bitsgap, a Bitcoin Trading bot development platform.

This is not the first time Binance has partnered with a major tech giant. Last year, the cryptocurrency exchange launched a joint venture with the Tron Foundation to launch a decentralized exchange on the TRON network.

TRON is a decentralized platform for entertainment content based on blockchain and using the TRX token (Tronix). TRON also offers tools that allow developers to create and run their own dApps (decentralized applications). The platform was launched by Chinese entrepreneur Justin San.

The partnership with Google Cloud is another example of how Binance collaborates with leading companies to support the growth of the blockchain ecosystem.

This partnership will help BNB Network portfolio companies scale their business and accelerate the implementation of blockchain technology. This, in turn, will contribute to the wider use of blockchain technology and its applications.

Web3 developers will also be able to contact members of the Google Cloud Startup Success team and the firm's technical experts in data management, data analysis, artificial intelligence, machine learning and zero-trust security. Participants will also have access to seminars for Web3 developers, as well as Google Cloud training and certification.

The BNB network was created in February 2022 by merging the BNB Beacon Chain and BNB Smart Chain. The blockchain network is compatible with Ethereum, which allows the development of a multi-chain ecosystem.