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Cryptocurrency News Articles

Google Unlocks Crypto Balances With Revolutionary Blockchain Search Tool

Apr 05, 2024 at 11:29 pm

Google has introduced a new feature that allows users to search for wallet balances across various blockchains including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. This functionality enables users to easily input a wallet address and receive comprehensive information on token balances by network, along with the most recent update time. The feature currently supports three Bitcoin address formats — P2PKH, P2SH, and Bech32 — so users can seamlessly check current balances and recent transactions.

Google Unlocks Crypto Balances With Revolutionary Blockchain Search Tool

Google Unveils Revolutionary Blockchain Search Tool, Empowering Users with Unprecedented Access to Cryptocurrency Balances

Mountain View, California - Google, the tech behemoth renowned for its ubiquitous search engine, has made a groundbreaking stride into the realm of cryptocurrency, empowering users with an unprecedented ability to search for wallet balances across a diverse range of blockchains, including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom.

This transformative feature marks a watershed moment in the accessibility of on-chain information, unlocking a wealth of data with unparalleled ease. Users can now seamlessly input any wallet address and instantly access comprehensive details of their token balances, organized by network, complete with the most up-to-date information on the last transaction.

"This innovation represents a pivotal step towards making blockchain activity more approachable and transparent," enthused Rajan Patel, Google's spokesperson. "Harnessing our platform's immense daily traffic, we aim to bridge the gap between traditional finance and the rapidly expanding world of cryptocurrencies."

Google's unwavering embrace of blockchain technology is evident in its meticulous integration of Bitcoin data into search results. Supporting three popular Bitcoin address formats (P2PKH, P2SH, and Bech32), the feature allows users to effortlessly track their current balances and recent transactions, eliminating the need for external explorers.

The introduction of this groundbreaking functionality follows Google's previous integration of Ethereum Name Service (ENS) domain search capabilities, which enables users to conveniently search for wallet balances using easily recognizable domain names like "vitalik.eth" for Ethereum wallet addresses.

Google's ongoing commitment to the crypto space has been unwavering, marked by a series of progressive initiatives. In May 2023, the company introduced Ethereum wallet balance searches, followed by a 2022 feature that allowed users to track Ethereum wallet balances directly through Google, bypassing the need for third-party blockchain explorers.

Moreover, Google has reversed its previous stance on Bitcoin, transitioning from banning Bitcoin-related advertisements in 2018 to welcoming advertisements for spot Bitcoin exchange-traded funds (ETFs) after their U.S. approval in January. This policy change has resulted in the inclusion of ETF offerings from reputable asset managers like BlackRock in Google's search results.

Google's partnership with Coinbase in October 2022 further solidifies the company's growing acceptance of digital currencies, allowing customers to pay for cloud services using cryptocurrencies. The partnership underscores Google's willingness to embrace the transformative power of blockchain technology.

In addition to these significant initiatives, Google has consistently demonstrated its support for major events in the crypto world. The company celebrated the Ethereum Merge with themed animations and collaborated with Web3 startup Orderly Network in 2023 to develop user-friendly developer tools for decentralized finance (DeFi).

These multifaceted initiatives collectively highlight Google's evolving relationship with cryptocurrency and blockchain technology, demonstrating the company's commitment to bridging the gap between mainstream users and the burgeoning digital realm.

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Other articles published on Nov 19, 2024