After several years of pessimism and hesitation, Google has also joined the growing list of enterprises that are contemplating getting involved in cryptocurrency in the future, which may lead to them creating their own cryptocurrency. It was reported that the company intended to approach Ethereum founder Vitalik Buterin for assistance with the blockchain project. When he turned them down, Google made a move for Charles Hoskinson and Duncan Coutts, IOHK CEO and its director of engineering respectively.
The tech giant may gradually be preparing the ground for its digital currency. The company is also interested in Cardano, a digital currency that is known for its scalability, sustainability and robustness. Either way, Google’s interest in having a coin it can call its own is indisputable.
Cameron and Tyler Winklevoss, the founders of cryptocurrency exchange platform Gemini, expressed their optimism that Google will join other members of FANG (i.e., Facebook, Amazon, Netflix and Google) to launch its own cryptocurrency. They told CNBC during an interview in July that: “Our prediction is every FANG company will have some cryptocurrency project within the next two years.”