Microsoft to Launch Blockchain Partnership in Taiwan

Microsoft Taiwan, Digital China and Hot Cool plan to use blockchain to improve the financial, e-commerce, entertainment, and other industries
04 July 2018   860

A subsidiary of the technological giant Microsoft Taiwan announced a blockchain cooperation with Chinese companies Digital China and Hot Cool. This is reported by CCN.

The Alliance will implement the technology of the distributed registry in the areas of finance, e-commerce and entertainment.

Taiwan has first-class engineering and technical talents, and their innovative thinking cannot be underestimated. At the same time, it carries a solid manufacturing and R&D foundation, plus Excellent geographical location, with the superior conditions for the development of blockchain application, I believe that Microsoft’s tooling in the strategic layout of the blockchain, and citing the global partner resources, is bound to be the vision of the industrial application of the blockchain.
 

Sun Jikang

General manager, Microsoft Taiwan

The companies plan to create new solutions in the cloud services of Microsoft Azure Blockchain Workbench and MPS from Hot Cool. According to the general manager of Microsoft Taiwan Sun Jikang, these platforms will improve the computing power and security of the blockchain products that Digital China will supply.

CEO Digital China Sana Yutao believes that the Azure Blockchain Workbench service will reduce the time to create a blockchain-infrastructure in China.

As part of the cooperation, Hot Cool will act as an intermediary between state and corporate cloud providers.

Microsoft & EEA to Create Token Taxonomy Initiative

As reported, EEA intends to act as a platform for the the Token Taxonomy Initiative, which involves the Hyperledger, R3 and Digital Asset Holdings consorti
18 April 2019   167

The Enterprise Ethereum Alliance (EEA) blockchain consortium launched a project with Microsoft to help businesses develop and create tokens to solve specific problems.

The EEA intends to act as a platform for the Token Taxonomy Initiative, which involves the Hyperledger, R3 and Digital Asset Holdings consortia. At the same time, IBM and Intel, JP Morgan financial holding, ConsenSys blockchain start-up and many others will participate in the project.

According to Ron Reznick, Director General of the EEA, various seminars will be available to specialists as well as the GitHub repository as part of the initiative. Already existing tokens on different blockchains will be tested, and then reduced to a single standard.

Microsoft Chief Architect Marley Gray noted that during his work with the Microsoft Azure cloud platform and EEA, he often encountered various industry consortia that spent a lot of time trying to understand “how best tokenize, for example, a barrel of oil”.

Thus, as part of the initiative, it is planned to create a token constructor so that any person, even without being a technical specialist, can explain to developers what he wants from an asset.

Last year, EEA and another leading blockchain consortium Hyperledger announced a partnership that provides for the creation of uniform standards for corporate distributed networks developed by the participants of these two organizations.