Google Partners with Coinbase to Accept Crypto for Cloud Services in 2023 | NFT Culture | Web3 Culture NFTs and Crypto Art | Platforms and projects

Google announced on Tuesday that it plans to use Coinbase to allow some customers to pay for its online products using cryptocurrency by mid-2023.

Coinbase is a digital currency exchange company that provides a platform for trading between fiat and cryptocurrencies.

Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. Coinbase is headquartered in San Francisco, California, with offices in New York City, Chicago, London, and Tokyo.

It allows its users to buy, sell and store Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and other cryptocurrencies. It also offers a cryptocurrency wallet called “Coinbase Wallet”, which allows its users to transact on the blockchain without transaction fees.

The new partnership could help Google gain a foothold in the fast-growing cloud computing market, where its main rivals do not allow their customers to use digital currency payments.

Coinbase, which generates most of its revenue from retail transactions, will shift to data-driven

Google Cloud Infrastructure will initially allow a few companies to use its cloud computing services.

Over time, Google may eventually allow more customers to pay for goods and services using cryptocurrency. However, currently, most major cryptocurrencies have lost more than 60% of their value.

Coinbase has agreed to pay a fee for each transaction made using its platform.

It is not confirmed whether Google will choose Coinbase as its payment processor for the new service. PayPal offered a similar service, but Coinbase had more power.

More to come.

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