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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