Google is adding new members to its Web3 team deployed in the Asia Pacific (APAC) region. In a recent appointment, the technology student hired Rishi Ramchandani to lead its Web3 APAC team. The technologist of Indian descent previously worked at BlockFi, a digital asset lender that filed for bankruptcy this November. Ramchandani’s appointment was officially announced on Thursday, December 22. Despite the continued slump in cryptocurrencies, Google is still focused on fine-tuning its global Web3 team.
Ramchandani confirmed that he was in Google’s Web3 team In a LinkedIn post, Mitesh Agarwal, managing director of Google Cloud Customer, Partner Engineering and Web3 teams, congratulated the new appointees.
“Excited for the next step in my career! I look forward to growing google cloud Web3’s efforts in APAC and working with the great people there,” he wrote.
The search engine giant has been exploring opportunities for deeper research password with Web3 department.
in october, Google and Coinbase revealed plan Forming a strategic partnership that will allow select customers to pay for cloud services using encryption starting in early 2023.
At the time, Google Cloud CEO Thomas Kurian said Google designed to make the building Web3 Faster and easier.
In fact, letterGoogle’s parent company invested up to $1.5 billion (approximately Rs. 119.1 crore) in the blockchain industry, Block data analysis A claim was filed in August.
As for Ramchandani, the move marks a major milestone after he was hit hard by the collapse of the former Soviet Union. FTX cryptocurrency exchange This shook up the entire cryptocurrency market and put his previous company, BlockFi, in trouble.
blockchain It was stated at the time that the liquidity crisis was caused by its exposure to FTX through loans. In court documents, BlockFi listing Its assets and liabilities range from $1 billion (Rs. 81.7 billion) to $10 billion (Rs. 817 billion).
