Axelar partners with Microsoft for hybrid blockchain solutions

On July 11, cross-chain protocol Axelar and tech elephantine Microsoft announced a concern to span nationalist and backstage blockchains. The collaboration volition spot Axelar joining Microsoft’s Azure marketplace, becoming the archetypal cross-chain protocol listed connected the developer’s online store.

Galen Moore, Axelar’s spokesperson, told Cointelegraph that the inaugural would alteration Axelar to scope tens of thousands of companies that usage Azure, Microsoft’s unreality service. “This has tremendous imaginable for products that integrate established net exertion with nationalist blockchains successful ways that are meaningful for users,” Moore stated.

In the marketplace, developers volition person entree to tools via the AxelarJS bundle improvement kit (SDK), arsenic good arsenic Axelar’s wide connection passing, which helps developers integrate functionality independently of blockchains and databases.

The companies volition besides research the integration of nationalist and backstage blockchains to enactment artificial quality (AI) applications. Speaking connected the quality of these solutions, Axelar co-founder, Sergey Gorbunov, explained that spot successful AI needs to travel from aggregate layers:

“Are the models trained connected the information that they’re expected to beryllium on? Did immoderate backstage information leak into the models? Are the queries sent to the AI returning close results? Can we verify the origins of the data? Without answers to these questions, it’s hard to integrate AI to beryllium a “member” of our societies.“

According to Gorbunov, combining backstage and nationalist blockchains is the answer. “Blockchains tin assistance found roots of trust, marque definite the information is not tampered with, and support it hidden wrong specified jurisdictions,” helium said, adding that “connections to nationalist blockchains tin beryllium utilized to beryllium and found spot crossed each consumers, nary substance wherever they query the information from.“

Over 25,000 applications and services are disposable successful Azure’s marketplace for developers and businesses, the company’s website states. A hunt connected the level reveals astatine slightest 200 solutions powered by blockchain technology.

Axelar presently supports 43 blockchains. Last year, it raised $35 cardinal successful Series B funding, lifting its marketplace worth supra $1 billion. Some of the participants successful the circular see Dragonfly Capital, Polychain Capital and North Island Ventures.

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