Google Cloud Adds Blockchain Insights For Polygon Network

Polygon, the Ethereum layer-2 solution formerly known as Matic Network, announced Friday its blockchain datasets will be integrated on Google Cloud.

This means Polygon's datasets can now be tracked using Google Cloud's BigQuery tool. The initiative is aimed at providing developers, data analysts, and crypto-enthusiasts with a better understanding of the Polygon blockchain.

Polygon runs a scalable bridge network running parallel to Ethereum and functions like a “commit chain” that is both faster and much cheaper than the Ethereum mainnet.

With the BigQuery support, Polygon’s datasets have now been listed in the Google Cloud Marketplace under the public financial services category.

The data insights platform will help the network’s growth with decentralized applications, as well as its usage in the enterprise setting.

Google’s BigQuery would ensure that query and in-depth analysis of Polygon’s on-chain data are conducted in a simple and organized manner using the Google Cloud Platform.

Potential benefits of the integration are said to include the monitoring of gas fees and smart contracts and determining the most popular tokens or applications on the network.

Google’s Cloud division has collaborated with key cryptocurrency projects like Chainlink and Theta Network in the past. Both projects leveraged Google Cloud for their computing needs.

Google BigQuery is an information warehouse that acts as an indexer allowing powerful data analysis. This can be performed across multiple blockchains, enabling comparison between networks or the tracking of interoperable tokens.

BigQuery is one of the most popular data analytics platforms worldwide. It leverages the capabilities of the Google Cloud Platform (GCP), the same infrastructure that powers products like Google Search, Gmail, and YouTube.