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Google Cloud Launches Digital Assets Team to Power the Emerging Blockchain Space

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Leading distributed ledger and blockchain companies have chosen Google Cloud to build scalable, flexible and secure platforms. Google Cloud's Digital Assets team will lend their support and infrastructure to usher this space towards innovation.

Blockchain technology is yielding tremendous innovation and value creation for consumers and businesses around the world. As the technology becomes more mainstream, companies need scalable, secure, and sustainable infrastructure on which to grow their businesses and support their networks. We believe Google Cloud can play an important role in this evolution.

Building on our existing work with blockchain developers, exchanges, and other companies in this space, we are announcing today a new, dedicated Digital Assets Team within Google Cloud to support our customers’ needs in building, transacting, storing value, and deploying new products on blockchain-based platforms. This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow. 

What We’re Doing Today (and Into the Future)

Blockchain and distributed-ledger-based companies like HederaTheta Labs, and Dapper Labs have already chosen to build on top of Google Cloud for scalability, flexibility, and security. Moving forward, Google Cloud’s Digital Assets Team will undertake a number of short- and long-term initiatives to support companies in the digital assets/blockchain ecosystem, including:

  • Providing dedicated node hosting/remote procedure call (RPC) nodes for developers, allowing users to deploy blockchain validators on Google Cloud via a single click (“click to deploy”).
  • Participating in node validation and on-chain governance with select partners.
  • Helping developers and users host their nodes on the cleanest cloud in the industry, supporting their environmental, social, and governance initiatives.
  • Supporting on-chain governance via participation from Google Cloud executives and senior engineers.
  • Hosting several public BigQuery datasets on our Marketplace, including full blockchain transaction history for Bitcoin, Ethereum, Bitcoin Cash, Dash, Litecoin, Zcash, Theta, Hedera Hashgraph, Band Protocol, Polygon, XRP, and Dogecoin.
  • Driving co-development and integration into Google’s robust partner ecosystem, including participating in the Google Cloud Marketplace.
  • Embracing joint go-to-market initiatives with our ecosystem partners where Google Cloud can be the connective tissue between traditional enterprise and blockchain technologies.

As we build out our team, we’re also exploring opportunities in the future to enable Google Cloud customers to make and receive payments using cryptocurrencies.

Why Partner with Google Cloud

Our customers in this space—both traditional firms seeking to implement blockchain strategies and blockchain-native companies, such as exchanges, app providers, and decentralized platforms—are choosing Google Cloud for three key reasons:

  • First, their businesses and their developer ecosystems can build on the industry’s cleanest cloud. Growing in a sustainable manner is top-of-mind for many businesses, but is particularly relevant in the blockchain space, where the ability to run and scale sustainably is critical. Google is carbon neutral today, and we’ve announced our goal to run on carbon-free energy, 24/7 at all of our data centers by 2030. We’ve also rolled out the ability for customers to choose a Google Cloud region in which to run based on carbon footprint data.
  • Second, developers building on blockchain-based platforms can benefit from Google’s world-class developer platform. Google Cloud infrastructure ensures that developers can speed up the delivery of software and data on the blockchain, delivering fast access to applications for users. 
  • Third, Google Cloud technologies and services will ensure that blockchain-based companies can scale securely and reliably. Google can ensure that data, applications, games, or digital assets like NFTs will be delivered on a stable, secure, and trusted global network.

Google Cloud’s Approach to Blockchain and Digital Assets

Blockchains and digital assets are changing the way the world stores and moves its information —as well as value. As an infrastructure provider, Google Cloud views the evolution of blockchain technology and decentralized networks today as analogous to the rise of open source and the internet 10-15 years ago. Just as open source developments were integral to the early days of the internet, blockchain is yielding innovation and value creation for consumers and businesses. As the technology becomes more mainstream, companies will need scalable, secure infrastructure on which to grow their businesses and support their networks.

As such, we’re applying Google Cloud technology to the blockchain market with the following principles:

  • Consistent with Google Cloud’s core business: We are specialists in data-powered innovation with leading infrastructure, industry solutions, and other cutting-edge technology. We pursue blockchain projects and partnerships that align with our mission and our expertise.
  • User trust and governance: Blockchain networks raise novel questions concerning legal compliance and user privacy. We will maintain our commitment to our users through a robust focus on privacy and user trust, as well as an uncompromising focus on compliance with applicable laws.
  • Network-agnostic: Google’s infrastructure will seek to preserve optionality of networks for the benefit of users. 

We’re inspired by the work already done in the digital assets space by our customers, and we look forward to providing the infrastructure and technologies to support what’s possible with blockchain technologies in the future. If you’re eager to learn more about Google Cloud’s new Digital Assets Team, please reach out to your Google Cloud sales representative or partner manager.

Research Reports

Forrester Study Finds 72% ROI from Moving Expensive, Traditional OS and Software to Google Cloud!

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Google Cloud commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examined the potential return on investment (ROI) for companies that have migrated to Google Cloud. The study evaluates the risks, benefits and costs associated with Google Cloud migration and the experiences of five customers with large, expensive on-prem infrastructure and workload operating on legacy operating systems. The results and impacts of interviewed customers are combined into a single composite organization. The findings reveal that customers incurred 72 percent ROI and annual software savings worth 2.2 million USD within three years of migrating expensive software operating systems and traditional software to Google Cloud!

Download the study report to gain a detailed understanding of migrating on-prem infrastructure to cloud to attain business velocity, innovation, adaptability and better customer experiences with Google Cloud!

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Tau VMs Joins Google Cloud to Offer Cost-effective Performance of Scale-out Workloads

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Tau VMs joins Google Cloud family, leveraging the best of Google's experience in engineering platforms for scale-out workloads, to deliver the best combo of pricing and performance while also guaranteeing great UX. Learn more!

Scale-out workloads demand the best combination of performance and price to bring down the cost of delivering applications, all while providing an excellent user experience. We are excited to announce a new virtual machine (VM) family, Tau VMs, coming to Google Cloud. Tau VMs extend Compute Engine’s VM offerings with a new option optimized for cost-effective performance of scale-out workloads. 

T2D, the first instance type in the Tau VM family, is based on 3rd Gen AMD EPYCTM processors and leapfrogs the VMs for scale-out workloads of any leading public cloud provider available today, both in terms of performance and workload total cost of ownership (TCO). The x86 compatibility provided by these AMD EPYC processor-based VMs gives you market-leading performance improvements and cost savings, without having to port your applications to a new processor architecture. 

As illustrated below, Tau VMs offer 56% higher absolute performance and 42% higher price-performance (est. SPECrate2017_int_base) compared to general-purpose VMs from any of the leading public cloud vendors.

1 est performance.jpg
2 est performance.jpg
* Results are based on estimated SPECrate®2017_int_base run on production VMs of two other leading cloud vendors and pre-production Google Cloud Tau VMs using vendor recommended compilers. View testing details here.
SPECrate is a trademark of the Standard Performance Evaluation Corporation. More information available at www.spec.org
3 coremark performance.jpg
* Results are based on using GCC compiler with all VMs. View testing details here.

What our customers and partners are saying

Snap
“At Snap, it is critical for our business to continue improving our scale-out compute infrastructure for key Snapchat capabilities like AR, Lenses, Spotlight and Maps,” said Cody Powell, Senior Engineering Manager, Snap Inc. “We were impressed when we tested Google Cloud’s new Tau VMs with Google Kubernetes Engine. While it’s early days, we believe we can gain double digits in infrastructure performance improvements for key workloads—enabling us to do more with less and invest even more in new features for our amazing Snapchat community.”

Twitter
“High performance at the right price point is a critical consideration as we work to serve the global public conversation,” said Nick Tornow, Platform Lead, Twitter. “We are excited by initial tests that show potential for double digit performance improvement. We are collaborating with Google Cloud to more deeply evaluate benefits on price and performance for specific compute workloads that we can realize through use of the new Tau VM family.”

DoiT
“DoiT partners with leading cloud vendors who are focused on growth and cost optimization,” said Yoav Toussia-Cohen, CEO, DoiT International. “In our preliminary testing of Google’s new Tau VMs with the Coremark benchmark, we were thrilled to see the incredible performance at 50% better than a comparable ARM-based offering from another leading public cloud. With Tau VMs, Google Cloud has set a new bar for price-performance, making the cloud even more accessible to digital-native companies. We are excited to bring Google’s Tau VMs to our joint customers.”

Designed for demanding scale-out workloads 

Tau VMs bring the benefit of Google’s long-standing experience engineering platforms for scale-out workloads to our customers. They come in multiple predefined VM shapes, with up to 60vCPUs per VM, and 4GB of memory per vCPU. They offer up to 32 Gbps networking bandwidth and a wide range of network attached storage options, making Tau VMs ideal for scale-out workloads including web servers, containerized microservices, data-logging processing, media transcoding, and large-scale Java applications. 

Google Kubernetes Engine support

Google Kubernetes Engine (GKE) is the de facto standard for organizations looking for advanced container orchestration, delivering the highest levels of reliability, security, and scalability. GKE supports Tau VMs on day 1, helping you optimize price-performance for your containerized workloads. You can add Tau VMs to your GKE clusters by specifying the T2D machine type in your GKE node-pools

Pricing

Tau VMs will be priced to support significant TCO and price-performance improvements for your cloud applications. A 32vCPU VM with 128GB RAM will be priced at $1.3520 per hour for on-demand usage in us-central1. 

Coming soon to a Google Cloud region near you

If you are interested in trying out T2D VMs when they become available in Q3 2021 please sign-up here.

Blog

New Histogram Features in Cloud Logging Make it Easier to Track Log Volumes, Errors and Anomalies!

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Google Cloud announces new histogram controls in three separate colors for dynamic visualization of trends in logs. These histograms make Cloud Logging the best option to troubleshoot Google Cloud logs with effective visualization.

Visualizing trends in your logs is critical when troubleshooting an issue with your application. Using the histogram in Logs Explorer, you can quickly visualize log volumes over time to help spot anomalies, detect when errors started and see a breakdown of log volumes. But static visualizations are not as helpful as having more options for customization during your investigations. 

That’s why we’re excited to announce that we recently added three new query controls along with separate colors for log severity to the histogram. These new features make it even easier to refine and analyze your logs by time range. The new histogram controls help find logs before or after the current period, jump to a specific time range represented in a histogram bar and zoom in/out of the current time window in the histogram.

Histogram colors

The histogram now makes it easier to view the breakdown of logs by severity with the introduction of color coding. For example, the severity colors make it easy to spot an increasing number of errors even when the volume of requests is relatively constant. Looking at the histogram below, the red vs blue shading makes it clear that there has been an increase in overall log volume and provides a visual breakdown of errors within that log volume.

Histogram- Logging
A screenshot of the new color coding for logs in the histogram

Pan left/right to scroll through time

Sometimes in your troubleshooting journey, you may want to look at the logs directly before or after the current set of logs. Perhaps there was an unexpected spike in errors at the beginning of the time range and you need to see the logs in the time period directly preceding the current time range. Pressing the left arrow on the left side of the histogram shifts the time range earlier while the arrow on the right side of the histogram shifts the time range ahead. Either arrow will refine the time range in the query and rerun the query to return the logs in the new time range.

histogram panning gif
An example of the right and left scrolling to adjust which time frame you are viewing in the histogram 

Zooming in or out 

Zooming in or out from a given time range may be useful to visualize fine-grained details or a broader trend Clicking the zoom in or out icons in the upper right corner of the histogram refines the time range in the query and then reruns the query, returning the logs in the newly defined time range.

histogram zoom
A view of the zoom in and zoom out feature to adjust the time scale of the histogram

Scrolling to time 

If you see a large spike in logs volume in the histogram, it’s useful to quickly review the logs generated during that spike. Clicking on the histogram bar that contains the spike now scrolls you to the logs generated during that time period.

histogram scrolling
Click on the histogram bar to filter the logs view

Where to find the histogram 

The histogram is a panel in Logs Explorer that can be displayed or hidden using the controls in the Page Layout menu. When you no longer want to display the histogram, click the “X” button in the upper right corner to quickly close it. To open it again, use the same Page Layout menu to enable the histogram display.

Enable histogram
A view of where to find the histogram in the Page Layout menu in Logs Explorer

Get started with the histogram

These improvements move the histogram from a utility for visualization to an integral part of the troubleshooting journey. We are continuously working to launch new features that make Cloud Logging the best place to troubleshoot your Google Cloud logs. If you are not already a Cloud Logging user, review this getting started documentation or watch a quick video on troubleshooting services on Google Kubernetes Engine (GKE) to learn more. If you have specific questions or feedback, please join the discussion on our Google Cloud Community, Cloud Operations page.

Case Study

Mid-Sized B2B Firm Achieves the Business Trifecta with a Single Strategy

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How a single strategy allowed AfterShip to innovate, generate new revenue channels, and improve customer experience; shrink turnaround time, costs and downtime; and scale its business quickly—while keeping its team small. Find out.

Thirteen years’ experience in e-commerce has given Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip, a deep understanding of the challenges of shipping and tracking packages to customers worldwide.

“The key problem many merchants face is customers asking ‘where is my order?’ and ‘when I will get the package?’” Chan says. “When I considered this issue, I came up with the idea of AfterShip.” Chan helped found AfterShip in 2011 to enable merchants to keep track of packages sent to customers via a web portal or an API. AfterShip also allows merchants to notify customers of anticipated delivery times.

“Using AfterShip, merchants can provide the same experience to buyers regardless of which couriers they use,” Chan says. “Merchants can also improve their customer engagement by including up-selling or marketing content with their delivery notifications.”

Hong Kong-headquartered AfterShip continues to grow quickly and now has a 40-person team. Thirty members of this team are based on the China special administrative region and 10 are based in India.

“Google Cloud Platform has a network of global datacentres with deep connectivity that enables us to put our infrastructure close to our customers. In addition, the ability to horizontally scale our global database using tools such as Google Cloud Spanner eliminates any limits on our geographic expansion.”

Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip

By October 2017, the business was tracking about 30 million packages per month and had expanded its services to include label and rate calculation and self-service return. Revenue, package transaction numbers and team size have doubled every year for the past three years, while more than 300,000 merchants and 426 couriers are signed up to the service. Key customers include Wish, Etsy and Groupon.

Close to half AfterShip’s customers are based in the United States, about one third in Europe and the remainder are located in Asia. AfterShip had initially delivered its applications and services from an incumbent public cloud service. However, the company wanted to continue its growth trajectory while automating key infrastructure processes, implementing a continuous deployment model and controlling costs.

The business needed to achieve these objectives while maintaining a global presence and high-quality service. AfterShip started reviewing its options and decided to migrate to Google Cloud Platform (GCP). “Google Cloud Platform has a network of global datacentres with deep connectivity that enables us to place our infrastructure close to our customers,” Chan says.

“In addition, the ability to horizontally scale our global database using tools such as Google Cloud Spanner eliminates any limits to our geographic expansion. Furthermore, the managed services provided through GCP would allow us to focus on building better features for online merchants.” The reliability provided by GCP would also enable AfterShip to meet the stringent service level requirements of large digital marketplaces in the United States, Asia and elsewhere.

“Google Cloud Platform could manage the high volumes and enable us to deliver the service levels that would realise our ambition of becoming the number one tracking API platform in the world,” Chan says. “For example, with Google Cloud Platform, we can provide a 99.95% monthly uptime service level to our customers.” Finally, GCP provided managed solutions, including Google Kubernetes Engine powered by open source container orchestrator Kubernetes, that would enable AfterShip to automate processes such as scaling and enable its team to focus on developing applications.

AfterShip has moved its websites into GCP infrastructure in three datacentres around the world and anticipates completing the migration in Q4 2017. “Google provided a lot of assistance, particularly early in the project when we needed it,” Chan says. “They briefed us on several services we hadn’t known about that could replace the equivalents in the public cloud we were using previously.” The business then completed the migration using its own skilled team members. As well as Google Kubernetes Engine and Google Cloud Spanner, AfterShip is using Google BigQuery to store and analyse transaction information.

“Google Cloud Platform could manage the high volumes and enable us to deliver the service levels that would realise our ambition of becoming the number one tracking API platform in the world.”

Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip

Deployment times down from one hour to two minutes

With deployment times falling from up to one hour in its previous cloud environment to about two minutes in GCP, AfterShip has been able to adopt a continuous deployment model. “This has improved our service levels,” Chan says. “If there are any issues we can fix them quickly, while we can iterate faster to create new features in response to customer requests or changes in the market. “This enables us to continue to lead our competitors.”

Targeting a 30 percent reduction in costs

AfterShip is now targeting a 30% reduction in costs by optimising its use of Docker containerisation technology on GCP.

“By using Docker with Kubernetes, we have been able to fine-tune our use of compute resources and better control our costs,” Chan says. “We’re extremely pleased with Google Cloud Platform as it really is built for engineers,” he adds. “In addition, its documentation is extremely clear, allowing us to troubleshoot or carry out activities on the platform ourselves. “We look forward to continuing to grow and extend our package tracking and associated services with Google Cloud Platform.”

Whitepaper

The Cloud-First Imperative To Accelerate Digital Transformation In Retail

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In a study by Forrester Consulting of 60 business and technology decision makers and influencers from Indian retail organizations, it is found that 2 in 3 organizations are planning to increase their cloud spending by 5% or more in the next 12 months.

According to the study, public cloud platforms help retailers to:

  • Scale business faster and more easily
  • Free up IT time to focus on core differentiators instead of commodity workloads
  • Improve customer experience
  • Establish greater connectivity for digital transformation

Download this infographic to understand why Indian retailers are adopting a cloud-first approach to accelerate digital transformation.

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A New Milestone: Istio Comes Closer to Cloud-native Ecosystem

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Dassana: Choosing Google Workspace and Google Cloud to accelerate growth and reach goals

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