Polygon News: Google Cloud Offers Blockchain Insights for the Matic Network

Blockchain data for Polygon, an Ethereum scaling solution, has arrived on Google’s cloud platform.

Integration with Google BigQuery allows developers to analyze on-chain data on Polygon (formerly Matic) more efficiently. With BigQuery support, Polygon’s datasets are now listed in the Google Cloud Marketplace under the public financial services category.

The potential benefits of the integration include monitoring gas charges and smart contracts and identifying the most popular tokens or applications on the network.

Google BigQuery is an information warehouse that acts as an indexer and enables powerful data analytics. This can be done across multiple blockchains, allowing comparison between networks or tracking of interoperable tokens.

Polygon said the ability to gain insights from the more than 6 million daily transactions on its blockchain “will go a long way toward growing and building the Polygon and Ethereum ecosystem.”

Polygon recently landed in the headlines due to investment from billionaire entrepreneur Mark Cuban. Meanwhile, UniSwap’s counterpart Quickswap’s trading volume of $387 million in the last 24 hours is not far behind SushiSwap’s $528 million.

The Polygon (MATIC) exchange rate is also one of the few cryptocurrencies that can defy the current market. Even though it plummeted along with the Bitcoin price crash initially, it recovered rapidly with an increase of 228% from its low.

I share more intimate thoughts in a monthly newsletter that you can check out here. Please let me know in a comment, and let’s build your crypto universe via Patreon. Join me on various social media platforms:

Twitter ● Instagram ● Patreon ●Facebook ● Snapchat ● LinkedIn.

Source: https://l-wiesflecker.medium.com/polygon-news-google-cloud-offers-blockchain-insights-for-the-matic-network-902b415dc428?source=rss——-8—————–cryptocurrency