It is reported that Microsoft Taiwan has joined hands with both Digital China and Hot Cool. The three have come together with a plan to boost the e-commerce, entertainment, as well as the financial sectors, by using the blockchain technology.
The partners revealed their plans at the Le Meridian Hotel situated in Taipei City on June 28. Digital China which has its roots in Hong Kong is already engaged has been offering blockchain services.
This joining of hands will aid the digital blockchain services offered by Digital China by boosting the speeds at which it computes the services at the same time boosting its security. According to the General Manager of Microsoft Taiwan, Sun Jikang this will be made possible through the use of Microsoft Azure. This is a cloud service used for computing that enables developers to create, test, distribute, and manage applications and services by using Microsoft’s vast network of data centers.
Hot Cool, on the other hand, is in the business of providing cloud management services. It is responsible for technically linking corporate and public cloud providers. The company has been working towards making sure that developers are able to access computing services with ease.
According to Microsoft’s Taiwan General Manager, Taiwan has first-class engineering and technical talents, and their innovative thinking cannot be underestimated. He said that at the same time, the City carries a solid manufacturing and R&D foundation, plus excellent geographical location, with the superior conditions for the development of blockchain application. He stated that he believes 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.
The partnership will make use of the three firms’ products. It will bring together a blockchain-based cloud technology system by Microsoft, known as Azure Blockchain Workbench, Digital DADA by Digital China, and management services provider by Hot Cool.
Digital China’s founder, Sun Yutao is optimistic that Workbench will come in handy in reducing the time it takes to create blockchain infrastructure in the region. This is because Workbench already gives blockchain builders a pre-built network together with infrastructure.