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When asked how the company views Web3, Pichai said there are several "areas of interest" for Alphabet, referring to augmented reality and exploring how blockchain technology can be used to power computing and service layers like YouTube and Google Maps . He said:
'Anytime there's innovation, I think it's exciting, and I think it's something that we want to support as best we can […] The web has always evolved, and it will continue to evolve, and as Google we have have benefited greatly from open source technologies, so we plan to contribute to that.”
Pichai also noted that Google's cloud team, a new business unit competing with the likes of Amazon Web Services and Microsoft, is exploring how to meet customer demands through blockchain-based platforms.
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