Blockchain News

Axelar and Microsoft Partner for a More Integrated and Intelligent Web3

Axelar and Microsoft Partner for a More Integrated and Intelligent Web3

Axelar’s blockchain data integration and interoperability solutions will be available to Microsoft customers via the Azure Marketplace while Microsoft and Axelar collaborate on AI and hybrid blockchain initiatives.

Axelar and Microsoft are partnering to further advance the adoption of blockchain technologies by building a data integration and interoperability layer that will deliver easier blockchain onramps for everyone, from enterprises to Web3 startups. By connecting isolated networks and simplifying complex integrations, the collaboration aims to unlock growth and innovation opportunities for developers and businesses.

Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development

“We are excited to collaborate with Axelar to accelerate blockchain integration and deliver valuable solutions to our customers”

The current market offers limited options for developers and organizations who want to enable one-click user interoperability spanning multiple blockchain ecosystems. Combining Axelar’s secure cross-chain communication network with the global reach and scale of Microsoft Azure, the partnership plans to unlock seamless Web3 developer and user experiences.

Specifically, Microsoft Azure Marketplace customers will have access to the following:

  • An end-to-end blockchain interoperability solution that is programmable and secure.
  • Services and developer tools via AxelarJS SDK to automate multichain deployments for interchain-native Web3 applications.
  • Axelar General Message Passing (GMP), enabling developers to integrate functionality and network effects, independent of blockchains or databases that host them.

Read More About Fintech Interview: Global Fintech Interview with Michael Rangel, Founder and CEO at Novo

“We are excited to collaborate with Axelar to accelerate blockchain integration and deliver valuable solutions to our customers,” said Daniel An, director of business development, Microsoft Web3 & AI. “By leveraging our strengths and expertise, we can empower organizations to embrace blockchain technology and transform their operations.”

Axelar and Microsoft have also agreed to explore innovative solutions that will further advance the maturity of the Web3 industry, such as seamlessly connecting private with public blockchains and leveraging Azure OpenAI services to create entirely new experiences in Web3.

“Axelar’s mission is to make the innovation on leading blockchains accessible and effortless to deploy for a new generation of interchain-native Web3 apps,” said Axelar co-founder Sergey Gorbunov. “The shared vision inspired us to partner with Microsoft to provide an extensible interoperability layer for the Azure community, from fast-growing Web3 startups to global enterprises. With Microsoft, we are now also able to explore the possibility for other new frontiers in Web3, such as blockchain-enabled Open AI services and the integration of AI in future Web3 applications.”

Browse The Complete Interview About Fintech : Global Fintech Interview with Sankaet Pathak, CEO at Synapse

 [To share your insights with us, please write to sghosh@martechseries.com] 

Related posts

Shield Launches New Version with Robust eDiscovery Capabilities, Empowering Compliance Teams to Work Better

Fintech News Desk

iPipeline Appoints Kevin Baer Chief People Officer to Focus on Employee Experience

Fintech News Desk

Genesis Bank Announces Exclusive Partnership With Excess Telecom

Fintech News Desk
1