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.
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.