Google Reveals Two Blockchain Projects After Banning Cryptocurrency Ads
Google revealed earlier this week that it is currently developing two separate blockchain projects. The search giant made it known a few weeks after banning ads related to initial coin offerings and cryptocurrency.
According to Bloomberg, anonymous sources in the company told them that Alphabet will be using blockchain technology to create a “tamper-proof” auditing system and a cloud operations platform. It had already filed a patent for the “tamper-evident” ledger in September 2017.
It was noted, however, that Google’s new policy would effectively ban the company’s project on AdWords. The company has not yet commented on the implications that may arise from this conflict.