Microsoft Japan Joins Forces With A Local Startup To Increase The Domestic Blockchain Uptake

The Japanese arm of the famous technology giant Microsoft has recently partnered with a blockchain startup named LayerX – a story that is now everywhere in the cryptocurrency news mostly because of its high potential to “accelerate” the technology further.

LayerX is a startup that formed in August this year as a joint venture from the news curation app Gunosy and the advisory service AnyPay – overseeing blockchain integration for enterprise, including areas such as smart contracts as well as general consulting.

The startup will use the blockchain-as-a-service (BaaS) solution by Microsoft named Azure – seeking to promote the technology further in the domestic economy. As one press release noted:

“We will support the introduction process in its entirety, even down to technical support of finished implementations. Both companies will work toward realization of transformation of people’s lives and working practices by promoting the implementation of blockchain technology in various industries.”

Earlier this month, Microsoft also released the long-awaited cloud-based Azure blockchain development kit which was described as perfect for “connecting interfaces, integrating data and systems as well as deploying smart contracts and blockchain networks.”

This move by Microsoft Japan, however, could open up a plethora of new possibilities and continue Microsoft’s domination in the blockchain and cryptocurrency sphere, promoting the technology to its customers in a good way.