A cryptocurrency that aims to boost the Web3 economy is exploding after a surprise partnership announcement with tech giant Microsoft.
Blockchain infrastructure project Ankr Network (ANKR) has rallied by 80% in the last 24 hours on the heels of a big announcement to partner with Microsoft to offer enterprise node services.
“Microsoft is now in collaboration with Ankr for our expertise in providing infrastructure solutions that connect builders, applications, and users to the newest layer of the internet – Web3.”
According to the announcement, the partnership will allow enterprises to easily connect to blockchain data through node-hosting services. The goal is to make the services available through the Microsoft Azure marketplace. Services will allow customers to launch enterprise-grade blockchain nodes, optimize data querying, and track node performance.
The partnership is described as a pairing of Ankr’s blockchain infrastructure innovations with Microsoft’s cloud services.
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