Injective Blockchain's Nexus Paves Way for Web3 Finance on Google Cloud

by Agne Cimerman

Published: October 24, 2023 at 11:57 am Updated: October 24, 2023 at 2:38 pm

by Victor Dey

Edited and fact-checked:

In Brief

Injective, a blockchain for financial applications, has joined forces with Google Cloud and unveiled Injective Nexus.

This blockchain data integration allows access to core chain data via Google Cloud’s Analytics Hub.

Injective, a blockchain for financial applications, has partnered with Google Cloud to introduce Nexus. Injective Nexus is a blockchain data integration that aims to establishe a bridge between Injective and the mainstream world by making core chain data from Injective accessible through Google Cloud’s Analytics Hub.

By making customizable Injective datasets accessible to a broader audience, the partnership aims to advance the development of DeFi applications and institutional trading strategies.

Google Cloud has previously offered BigQuery datasets for well-established blockchain networks like Bitcoin, Ethereum and Litecoin. Injective now joins this distinguished group of Layer-1 protocols.

1/ Introducing Injective Nexus: Injective’s official data integration & availability on Google Cloud.

Now core chain data from the Injective network will be accessible in BigQuery through the Analytics Hub, Google Cloud’s exclusive data sharing platform.https://t.co/V5gOyvAQe2

— Injective (@Injective_) October 24, 2023

“This integration is a major step forward for the Injective ecosystem in continuing to expand its footprint into institutions and traditional finance. The Google Cloud team has played an integral role in the growth of Injective since its inception, and this latest collaboration will help to take Web3 as a whole to new heights,” said Eric Chen, CEO and co-founder of Injective Labs.

As the demand for blockchain technology and DeFi increases, Injective’s integration into Google Cloud’s Analytics Hub aims to create a more sustainable and scalable infrastructure for the industry. The partnership also seeks to foster innovation in the financial sector, allowing developers and businesses to build new applications and services on top of the blockchain.

“We are committed to helping customers seamlessly connect their first-party data with third-party data in BigQuery to enable the most powerful analytics and AI. We are excited to add Injective blockchain datasets to the Analytics Hub catalog to help customers enhance their Web3 finance applications,”

said Kelly Sitarski, Director of Data and Content Partnerships at Google Cloud.

Injective, known for its fast interoperable layer-one blockchain, aims to position itself as a hub for building Web3 finance applications. The platform provides developers with plug-and-play modules, attracting support from major investors like Binance, Jump Crypto, Pantera and Mark Cuban.

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Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in Literary Studies and has an extensive background in writing about a wide range of topics including cybersecurity, travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Currently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, where she continues to pursue her passion for journalism. Contact her on [email protected].