Despite its reluctance toward crypto finance and ICO advertisements, Google is not shying away from the technical prowess of blockchain networks.
The search giant recently announced its new database tool, which helps explore the Ethereum blockchain.
Noting the development, Google stated the tool provides newer avenues for corporations and interested individuals to analyze the Ethereum blockchain-highlighting ease-of-access for checking transactional history and ledger balance using traditional APIs.
With regard to the aforementioned, Google refers to searching Ethereum's transactional data as an aggregate instead of a linear database.
The company believes such a classification will help to make better business decisions, balance sheet adjustments and prioritize upgrades to the Ethereum network.
As explained by Google, a cloud-based server would synchronize data from the Ethereum blockchain to computers running Parity in real-time.
The development also signifies greater accessibility for the broader public, as all regular Chrome users can easily access the Ethereum blockchain to make data-driven decisions-complete with Google's automated charts for a variety of datasets including storage values and transactional costs.
Corporations running Ethereum clients can check the network capacity, identify if updates are required and, most importantly, calculate if the network is impending any crucial process.
For a third example, Google showcased the ability of its plugin to compare smart contracts with each other graphically, which could allow clients to analyze multiple aspects visually instead of scourging throughout ledger data.
Google intends to release an easy-to-use, full-fledged development kit for smart contract building and dApp deployment before 2019.Cover Photo by Arthur Osipyan on Unsplash.
Google Launches Plugin to Make Ethereum Blockchain Analysis an Accessible Venture
Published on Sep 4, 2018
by Cryptoslate | Published on Coinage
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