Google Using Big Data to Make Blockchains Searchable

Google Using Big Data to Make Blockchains Searchable

Search behemoth (and definitely not evil), Google, has somewhat lagged behind other tech giants when it comes to blockchain development. While Amazon and Microsoft launched tools for managing and creating blockchains, Google was more big data and search algorithms until now, as Google has combined the two to make blockchains searchable.

Search Engines For Blockchains

Senior developer advocate for Google Cloud, Allen Day, is anticipating customer demand before products even exist. He thinks accessible blockchain is the next big thing. So he started to feed the entire Bitcoin and Ethereum blockchains in Google’s big data platform, BigQuery.

The next stage was to create a suite of software tools to search the data. The project, known as Blockchain ETL (extract, transform, load), has already proven to be a word of mouth hit.

Google Co-Founder Says He’s Been Mining Ethereum With His Son

Follow The Data

With zero publicity, word spread amongst crypto-coders, and over 500 projects were since created using the suite. Functionality ranges from bitcoin price prediction to wealth disparity amongst Ether wallets.

Day continues to focus on who is using the blockchain and how. He has been tracking a concerted use of AI on the Ethereum blockchain. Although he can’t be sure, he suspects they might be crypto-exchange bots performing wash-trading. He says:

In the future, moving more economic activity on chain won’t just require a consensus level of trust. It will require having some trust in knowing about who it is you’re actually interacting with.

Knowledge Is Power

Previously, searching the blockchain meant using a block-explorer, to retrieve data on a known individual transaction number. Blockchain ETL allows generalized searches of entire blockchains.

Following Bitcoin and Ethereum, Day’s team are adding Litecoin, Zcash, Dash, Bitcoin Cash, Ethereum Classic, and Dogecoin to BigQuery. And last August, Dutch developer, Wietse Wind, added the entire Ripple blockchain, prompting a Danish designer to map out the transaction flow, down to the individual wallet.

Daily Deals