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Ankr has entered a strategic partnership with Microsoft.
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The partnership will see Ankr provide infrastructure solutions that connect builders, applications, and users to web3.
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ANKR is up by more than 37% in the last 24 hours.
Ankr and Microsoft enter a strategic partnership
Ankr announced on Tuesday, February 21, that it has entered a strategic partnership with Microsoft.
The team revealed that the partnership would see Ankr provide infrastructure solutions that connect builders, applications, and users to web3.
Ankr 🤝 @Microsoft
We’ve partnered with Microsoft to support enterprises and organizations needing access to blockchain data with a reliable, easy-to-use node hosting service 🫡
Read more ⬇️https://t.co/XF8CG1grg5 pic.twitter.com/8tv5Mfz7FH
— Ankr (@ankr) February 21, 2023
The partnership is also designed to provide high-performance blockchain connections for individuals and institutions who desire to build new web3 experiences that would help onboard the next billion users.
In its blog post, Ankr said the two entities are working toward a shared goal of making this service available soon through Microsoft’s Azure marketplace. They will provide a readily accessible gateway to blockchain infrastructure for millions of monthly customers.
The Ankr enterprise node service will allow individuals and entities to launch enterprise-grade blockchain nodes with custom specifications, optimise data querying for high levels of speed and reliability, and easily track the performance of their nodes anytime,
The enterprise node service will offer low-latency blockchain connections to web3 projects
According to Ankr, the enterprise node deployment service will offer global, low-latency blockchain connections for any Web3 project or developer. This would allow them to focus their time and attention on innovating and scaling their Web3 projects and applications.
While commenting on this latest cryptocurrency news, Chandler Song, Co-Founder & CEO, Ankr said;
“This was a critical step in bringing blockchain infrastructure to a growing sector of the digital economy. The partnership, while an incredible milestone for Ankr, is also a key indicator of how far the decentralized web has come in integrating with the crucial players in every layer of web systems. The end result will be an era of extremely prolific building for blockchain-based applications from new Web3 projects as well as large enterprises entering the space.”
Rashmi Misra, Microsoft General Manager AI & Emerging Technologies, added that;
“Microsoft’s mission is to empower every person and every organization on the planet to achieve more. Many developers and organizations are exploring how Web3 can help solve real-world business challenges, and our partnership with Ankr will enable them to access blockchain data in a reliable, scalable, and secure way. Together with Ankr, we are building a strong Web3 infrastructure layer whether you’re a developer building the next big decentralized application (dApp) or an established enterprise exploring Web3.”
ANKR, the native token of the Ankr blockchain, is one of the best performers over the last 24 hours. At press time, the price of ANKR stands at $0.0466, up by more than 37% in the past 24 hours.
Ankr concluded that its partnership with Microsoft will provide a fully managed node hosting solution that comes with a wide range of custom specifications for blockchain nodes for memory, bandwidth, and global location according to customer needs.