Waves Enterprise has announced a partnership with Microsoft Russia for the purpose of joint development of the blockchain tokenization within the various companies of the country. The large scale collaboration will take place in the area of enterprise blockchain solutions and cloud technologies.
The purpose of this collaboration is to allow the international blockchain platform Waves Enterprise to integrate with Microsoft Azure’s cloud technologies for joint collaborations, plans, and initiatives in order to promote the adoption of enterprise blockchain solutions.
In fact, with this agreement Waves Enterprise will be deployed by the Microsoft Azure Marketplace, which will make Waves Enterprise products available to not only Russia but everywhere.
Waves is a Moscow-based tokenization platform while Waves Enterprise was founded in July, last year to offer services to corporate clients on private blockchains.
In addition, the implementation of BaaS solutions directly from the cloud will make the implementation process easy and quick because it will be not needing any extra support for the large scale infrastructure or setup.
Microsoft and Waves also plan to develop together a cloud service based on Azure’s analytical tools, which will be integrated into Waves Enterprise’s blockchain infrastructure in the future. This will help in the collection of organized data such as analytical and graphical reports.
Other features will be automatic smart contract revision, network transaction analysis to look for anomalies or tampering attempts, token flow visualization, and an option for integration with external solutions.
Microsoft Russia President Christina Tikhonova said.
Waves Enterprise is one of the leading international blockchain platforms, which substantially contributes to the development of an ecosystem for decentralized solutions globally.
For Microsoft, it is vital to support developers of innovative solutions and foster wide availability of contemporary tech tools for the development of Russian business. We are confident that our partnership will facilitate the full realization of blockchain technology in the corporate sector in Russia and also, globally”.