Key Points:
The system, dubbed “AppChains,” would allow companies to swiftly establish a dedicated and configurable blockchain to fuel multiple Web3 initiatives. Developers may install the Polygon Supernet in its first incarnation, with additional options available later.
The service is designed to deliver low-latency, globally accessible blockchain connectivity to Azure’s enormous client base, assisting them in their Web3 project and application development.
Daniel An, Microsoft’s Director of Business Development, said:
“Through this partnership, we are abstracting away what is often an impediment to testing, deploying, and scaling Web3 projects seamlessly.”
AppChains have been a component of Ankr’s product offering for over a year. These scalable, application-specific blockchains help Web3 enterprises with decentralized app development and project execution. Because of their extensive application potential in banking, institutional customers, CBDCs, gambling, and other industries, their appeal among conventional organizations has increased dramatically.
Ankr’s head of infrastructure, Peter Stewart, said that the company would continue to enhance the tool based on user input and performance data while working with Microsoft.
“Our collaboration with the Microsoft team to launch the Enterprise RPC service was highly rewarding. Together, we ensured exceptional user-friendliness and performance. This partnership has been remarkable, and we are excited for the future of our Enterprise RPC service,” Stewart stated.
Enterprises have a validated and trusted platform to investigate and implement this new technology by providing AppChains via the Azure Marketplace. Ankr’s AppChains are designed to help organizations overcome important challenges such as scalability, user experience, and the expense of acquiring new Web3 programming expertise.
Ankr and Microsoft announced their alliance in February. At the same time period, China-based Tencent announced an agreement with Web3 to build a comprehensive suite of blockchain API services.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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