Tech Times Daily

Axelar and Microsoft partner to advance an intelligent Web3

Tech giant Microsoft and cross-chain protocol Axelar have partnered to advance blockchain technologies.
Axelar has joined Microsoft’s Azure marketplace.
The partners will leverage the Azure cloud technology to enhance user experience across Web3.

Microsoft and cross-chain protocol Axelar have announced an enterprise partnership that will see the two collaborate on interoperability and Web3 integration across Web2 systems. 

The tech giant and the crypto platform will work towards developing blockchain onramps to support all types of users, from global enterprises to Web3 startups.

Axelar joins Microsoft’s Azure markeplace

In an announcement on July 11, Axelar said the partnership will also explore how to integrate artificial intelligence (AI) within the public blockchains ecosystem. The collaboration sees the blockchain company join Microsoft’s Azure marketplace.

Axelar and Microsoft are pleased to announce a partnership for better integration of Web3 & traditional internet systems. The partnership will explore ways public blockchains can can help secure trust and speed integration of artificial intelligence (AI) in mainstream use cases.

— Axelar network (@axelarcore) July 11, 2023

As a result of this partnership, Microsoft customers can use the Azure marketplace to access Axelar’s blockchain solutions. Thousands of Microsoft’s cloud computing partners use the Azure Marketplace for software discovery and integration.

Microsoft and Axelar also eye hybrid blockchain initiatives, including ones targeted at connecting private and public blockchains. The plan is to leverage the Azure OpenAI services to bring new experiences to Web3 users.

Daniel An, the director of business development at Microsoft Web3 & AI, noted that the collaboration will boost further adoption of blockchain technology. He said:

We are excited to collaborate with Axelar to accelerate blockchain integration and deliver valuable solutions to our customers. By leveraging our strengths and expertise, we can empower organizations to embrace blockchain technology and transform their operations.”

The post Axelar and Microsoft partner to advance an intelligent Web3 appeared first on CoinJournal.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Aptos Labs taps into Microsoft’s AI infrastructure to accelerate Web3 adoption
Next post NEAR price soars on partnership with Alibaba
Generated by Feedzy