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Cryptocurrency News Articles

Google dives deeper into blockchain adding Bitcoin, EVM chains to 'rich results' indexing

Mar 28, 2024 at 11:37 pm

Google has integrated blockchain data into its search engine, allowing users to search for specific blockchain addresses and access transaction details. This integration currently supports Bitcoin and Ethereum virtual machine networks like Fantom, and users can view wallet balances and transaction timestamps within search results. Google also plans to index data from other EVM-compatible chains, including Arbitrum, Avalanche, Optimism, and Polygon.

Google dives deeper into blockchain adding Bitcoin, EVM chains to 'rich results' indexing

Google's Search Engine Embraces Blockchain Data, Empowering Users with Comprehensive Transaction Insights

In a significant development that bridges the realms of Web2 and Web3, Google has expanded its search engine capabilities to include blockchain data from various networks, including Bitcoin, Ethereum, and Ethereum Virtual Machine (EVM) networks such as Fantom. This integration marks a major milestone in the accessibility of blockchain information, enabling users to directly query transaction details by searching for specific blockchain addresses within Google's search engine's "rich" results.

Last year, Google introduced this feature for Ethereum, allowing users to query specific public addresses and instantly view wallet balances within search results. Recently, the company further enhanced this feature by incorporating Ethereum Name Service (ENS) functionality. As reported by CryptoSlate, Google search results now display comprehensive address details, including Ethereum balances and the timestamp of the latest transaction.

Expanding Blockchain Address Support and Network Compatibility

Currently, Google's search engine supports three address formats for Bitcoin: P2PKH, P2SH, and Bech32. However, it is important to note that this service does not appear to be universally available yet, as some users have reported that the results do not appear for them.

Beyond Bitcoin, Google has also expanded its blockchain data indexing to include EVM-compatible chains, including Fantom, Arbitrum, Avalanche, Optimism, and Polygon. This move is particularly noteworthy as Fantom has recently undergone a major rebranding and is aiming to revitalize its standing with its innovative Sonic technology.

Michael Kong, CEO of the Fantom Foundation, expressed his enthusiasm for this integration, highlighting that Sonic will be used to create a state-of-the-art shared sequencer for L1 and L2 chains. This shared sequencer is capable of processing over 180 million daily transactions with real, sub-second confirmation times, serving as the foundation for Fantom's relaunch as a community-centric brand.

Surging Interest in Fantom's FTM Token

Amidst these developments, Fantom's FTM token has experienced a remarkable surge, increasing by over 110% in the past month. This growth outpaces other major layer-1 blockchains, including the high-flying Solana network.

Conclusion

Google's integration of blockchain data into its search engine represents a significant step forward for Web3 accessibility and user convenience. The ability to directly search and access blockchain information through Google's search engine lowers the barrier to entry for individuals seeking to interact with the decentralized finance ecosystem.

As Google continues to expand its blockchain data indexing capabilities and support for additional networks, it is likely that the accessibility and usability of Web3 technologies will continue to improve, paving the way for a more seamless integration between traditional and decentralized financial systems.

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