Home News Microsoft Japan Partners With Startup to Increase Domestic Blockchain Uptake

Microsoft Japan Partners With Startup to Increase Domestic Blockchain Uptake

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The Japanese arm of laptop large Microsoft has partnered with nascent blockchain startup LayerX to “accelerate” uptake of the know-how, Cointelegraph Japan reported Nov. 30.

LayerX, which shaped in August as a three way partnership from information curation app Gunosy and advisory service AnyPay, oversees blockchain integration for enterprise, together with areas similar to smart contracts and normal consulting.

Using Microsoft’s Azure Blockchain-as-a-Service (BaaS) answer, the businesses will search to promote the know-how additional within the home financial system.

“We will support the introduction process in its entirety, even down to technical support of finished implementations,” an accompanying press release said, including:

“Both companies will work toward realization of transformation of people’s lives and working practices by promoting the implementation of blockchain technology in various industries.”

Earlier this month, Microsoft released its cloud-based Azure blockchain growth package, which executives mentioned would initially deal with three areas: “connecting interfaces, integrating data and systems, and deploying smart contracts and blockchain networks.”

The Japan transfer varieties the most recent within the nation’s ever-increasing exercise in each the blockchain and cryptocurrency sphere, with a number of entities concerned in promoting the technology amongst customers.

Two Japanese cryptocurrency exchanges, Coincheck and Zaif, in the meantime proceed to recuperate from hacks in January and September this yr that noticed losses totaling virtually $600 million.

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