Alphabet's CEO says the company is 'looking at blockchain'

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Google's parent company Alphabet Inc. is exploring blockchain technology. 'Any time there is innovation, I find it exciting,' - CEO Sundar Pichai said on a conference call on Tuesday. Read more ⤵️

Google's parent company Alphabet is exploring blockchain technology, its CEO Sundar Pichai said on a conference call on Tuesday.

Answering an analyst's question on the company's fourth quarter earnings call, Pichai said: “On Web3, we are definitely looking at blockchain and such an interesting and powerful technology with broad applications, so much broader again than any one application.” "Any time there is innovation, I find it exciting," Pichai said in response to a question about the technology. "I think it’s something we want to support the best we can."

Pichai also cited a recent announcement the company's cloud division made to win more contracts with companies working on "digital assets", Mint reported.

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