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A Technical Breakdown Of Google's New Blockchain Search Tools [article]

Image used as part of the official announcement.Google Cloud

Google is now in the blockchain search business. Less than a day after Forbes broke the story that the internet search giant would be launching a suite of tools built by, and for, open source developers, those tools are live.

In addition to loading data sets for all the transactions and metadata in eight cryptocurrencies, including bitcoin and ethereum, Google Cloud developer advocate Allen Day and his team of open source developers from around the world are launching a number of tools designed to do to blockchain, what Google search did to the internet.

“I'm very interested to quantify what's happening so that we can see where the real legitimate use cases are for blockchain,” said Day, who manages the cloud portion of the project. "So people can acknowledge that and then we can move to the next use case and develop out what these technologies are really appropriate for.”

Last year Day and lead developer Evgeny Medvedev discreetly loaded transaction data for the bitcoin and ethereum blockchains, along with some basic search tools, to Google's BigQuery data analytics platform and have been studying how developers are using the software. As of today, they're taking what they've learned and making data sets available for bitcoin cash, ethereum classic, litecoin, zcash, dogecoin and dash, along with an expanded suite of search tools.

Dubbed Blockchain ETL (extract, transform, load), the software, which was created by independent developer Medvedev with support from the rest the team, includes features such as integration with Google’s BigQuery ML (machine learning) tool, which was launched into a test, or “beta” version last year. By searching for patterns in transaction flows, the machine learning integration will automatically give the user basic information about how a cryptocurrency address is being used.

For example, the tool might be used to analyze transaction fl...

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