In an apparent vote of confidence for cryptocurrency, Google co-founder Sergey Brin has reportedly disclosed that he is mining Ethereum with his son while attending the 2018 Blockchain Summit in Morroco.
During the conference, Brin reportedly went on to add that he values the potential behind zero-knowledge proofs as ‘really mindboggling’.
— Michael del Castillo (@DelRayMan) July 8, 2018
Hosted at the Richard Branson-owned Kasbah Tamadot hotel, Brin’s attendance has reportedly been a last minute surprise – the event has been attended by various international figureheads ranging from former US SEC Commissioner Annette Nazareth all the way to ex-Guns n’ Roses drummer Matt Sorum.
Sergey Brin #Google #Alphabet on Authentication of Records and the Potential of #Blockchain #BlockchainSummit Could see the future in this mind blowing technologies #Cryptography #ProofOfWork pic.twitter.com/kRU2m9eK32
— Eva Kaili (@EvaKaili) July 8, 2018
Interestingly, Brin may not be as much of a stranger to blockchain technology as previously envisioned. During a company address at Alphabet, the Google co-founder has been thought to allude to cryptocurrency projects – saying “Every month, there are stunning new applications and transformative new techniques […] We are truly in a technology renaissance, an exciting time where we can see applications across nearly every segment of modern society”.
It has previously been alleged that Ethereum co-founder Vitalik Buterin has met with Google’s Eric Schmidt. It remains uncertain as to what the parties discussed, however.
Beyond Brin, Google has publicly began testing blockchain technology in a variety of different fields. Earlier this year, the Mountain View company disclosed its intent to leverage blockchain to create a transparent auditing platform, as a patent filed in September of 2017 details plans to create a “tamper-evident” ledger.
Further, the internet conglomerate is apparently also seeking to deliver a blockchain-based integrity tracking solution for its cloud operations – another patent filing describes “a method of performing tamper-evident logging may include identifying an existing block in a target blockchain, where the existing block is associated with a first signature, and identifying a block of a second blockchain, where the block that is identified is associated with a second signature. The second blockchain is not a part of the target blockchain.”
Ironically, the company is perhaps more famed for its decision made earlier this year to ban cryptocurrency-related advertisements on its core advertisement platforms.
In the wake of the news, Ethereum remains down by some -1.97% day-on-day, and presently trades at $485.22 USD.