Microsoft has entered into a partnership with Web3 infrastructure provider Ankr to offer a blockchain node service to businesses.
The U.S.-based tech giant pointed out that the partnership will allow developers and enterprises to access blockchain data securely.
- The new enterprise service will be powered by the integration of Microsoft's Azure cloud services with Ankr's blockchain infrastructure.
- Developers and Web3 projects will be able to read or write blockchain data, deploy smart contracts, and relay transactions through the pair's new node hosting service.
- The integration of the two companies' services is expected to bring scalability, security, low latency, increased memory, and extended bandwidth to the Web3 projects.
- Ankr CEO Chandler Song described the partnership as an incredible milestone for his company.