Google Cloud’s BigQuery Integrates With Polygon Blockchain

• The brand new integration will help Polygon blockchain monitor transactions and detect any illegal activities.
• Being able to monitor and analyze six million-plus daily transactions on its blockchain will help grow Polygon’s ecosystem. 
• It will also bolster the growth of decentralized applications and their utilization in the enterprise sector. 

Polygon’s data insights are now available on the Google Cloud platform. Starting from now, the datasets of the blockchain network, Polygon, can be accessed using Google Cloud’s BigQuery tools. The Polygon team said that this collaboration with Google Cloud would help analysts, data scientists, and developers enhance services. 

Polygon’s Datasets are Listed Under the Public Financial Services Category

Polygon is an Ethereum scaling solution. It operates as a ‘commit chain’ and offers solutions that are faster and cheaper than Ethereum. Its datasets are listed in the Google Cloud Marketplace under the public financial services category. The integration is expected to throw some light on the increasing gas fees, intelligent contracts, and the most popular tokens or Dapps in the network. Moreover, it will also bolster the growth of decentralized applications and their utilization in the enterprise sector. 

Comparing Networks and Tracking Interoperable Tokens Will Become Easier 

BigQuery is a powerful analytics platform, and previously it has collaborated with significant cryptocurrency projects like Chainlink and Theta Network. Both the projects utilized the computing facilities offered by BigQuery. The analytic platform can be used to request any dataset, even the ones from public blockchains. Since BigQuery acts as an indexer, it can compare networks or track interoperable tokens. 

This brand new integration will help Polygon blockchain monitor transactions and detect any illegal activities like money laundering and tax evasion. Polygon’s daily active users, commerce, and total value locked (TVL) have immensely grown in the last six months. Polygon explained that monitoring and analyzing six million-plus daily transactions on its blockchain would help develop its ecosystem.

Ritika Sharma

With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.