Alphabet, Google’s parent company, has quietly been acquiring and investing in startups with blockchain expertise and is working on a related technology to support its cloud business, according to TechCrunch. The much-hyped digital ledger technology could be used to secure transactions for its cloud services. Google isn’t the only company incorporating blockchain into their business. Walmart and IBM have already teamed up with 9 food giants to apply the decentralized technology to secure their food supply chain and improve the traceability of items like chicken, chocolate and bananas, according to Fortune.
