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Polygon (MATIC) improves decentralized application with Google Cloud integration

By:
on May 29, 2021
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  • The integration will make it easier to monitor transactions and examine illegal activities.
  • The new upgrade will benefit all players on the network, including developers and analysts.
  • Projects such as Theta Network and Chainlink have also leveraged Google Cloud for their requirements.

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The team behind Polygon says its platform’s datasets can now be tracked using Google Cloud’s BigQuery tool. According to the team, the new update will be very important to the network’s overall growth.

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Polygon reiterated that the integration will benefit developers, data scientists, and analysts, who can now get useful insights within the Polygon blockchain.

Improving decentralized applications

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Polygon revealed that the integration will improve decentralized applications and improve its usage within the industry as well.

Google Cloud has been an integral part of the push for cryptocurrency adoption with some collaborations within the crypto industry. The platform has previously partnered with projects such as Theta Network (THETA/USD) and Chainlink (LINK/USD), with both projects leveraging Google Cloud for their computing requirements.

As one of the top data analytics platforms in the world, BigQuery takes advantage of the Google Cloud Platform (GCP) capabilities, which also powers YouTube, Gmail, and Google Search.

While very powerful to use on all kinds of datasets, it’s very simple to use. After the processing of datasets, a standard SQL is utilized to organize the insights.

Polygon stated that BigQuery works like an “indexer” that takes care of both complex and simple queries in on-chain analysis.

For instance, it can be deployed to track the movement of interoperable tokens and run queries on several blockchains.

Integration makes it easier to monitor transactions

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Polygon also stated that the integration can be applied for the benefit of the platform, which includes analyzing metrics such as the most popular apps, contracts, or tokens on the network.

Also, it will be far easier to monitor transactions. It will also ensure that regulators examine the Polygon chain effectively to determine the likelihood of illegal activities on the platform.

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