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Microsoft Partners With Two Asian Firms on Blockchain Platform for Enterprises

The Taiwanese subsidiary of tech giant Microsoft has partnered with tech investment company China Binary Sale Technology and High Cloud to create a platform for enterprise blockchaindevelopment, according to a press release from Microsoft June 28.

Microsoft will provide its Azure cloud platform as a base for China Binary’s blockchain service. The three-part partnership reportedly intends to transform various industries such as finance, e-commerce, and entertainment, focusing on the Asia-Pacific region.

China Binary’s founder Sun Jiangtao noted the crucial role of blockchain technology in fintech, business, science and other industries. Following the newly-announced cooperation, Jiangtao emphasized the importance of combining blockchain applications with other technologies, such as Internet of Things (IoT), biometrics, and artificial intelligence (AI).

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