Axelar and Microsoft Partner to Bridge Public and Private Blockchains
Axelar and Microsoft have formed a partnership to bridge public and private blockchains. This collaboration will enable developers to access tools through the AxelarJS software development kit (SDK) on Microsoft’s Azure marketplace. Axelar’s general message passing feature will also help developers integrate functionality independently of blockchains and databases. The companies will explore the integration of public and private blockchains to support AI applications, with the goal of establishing trust and verifying the origins of data. With over 25,000 applications and services available on Azure’s marketplace, there are at least 200 solutions powered by blockchain technology. Axelar currently supports 43 blockchains and raised $35 million in Series B funding last year.
Key Points:
– Axelar and Microsoft have partnered to bridge public and private blockchains.
– Developers can access tools through the AxelarJS SDK on Microsoft’s Azure marketplace.
– Axelar’s general message passing helps integrate functionality independently of blockchains and databases.
– The partnership aims to support AI applications by establishing trust and verifying data origins.
– Azure’s marketplace offers over 25,000 applications, with at least 200 powered by blockchain technology.
Hot Take:
The collaboration between Axelar and Microsoft marks a significant step in bridging public and private blockchains. By providing developers with access to tools and functionality, this partnership opens up new possibilities for integrating blockchain technology and AI applications. With the increasing demand for trust and data verification, combining public and private blockchains can help address these challenges and ensure the integrity of AI systems. This partnership also highlights the growing importance of blockchain technology in various industries and the potential for further innovation and integration in the future.
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