BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

Microsoft Partners with Ankr to Create Blockchain Node Infrastructure Services

by BlockNews Team
February 23, 2023
in BUSINESS, MEDIA, SOCIAL, TECHNOLOGY
Reading Time: 3 mins read
A A
1
SHARES
13
VIEWS
Share on XShare in TelegramShare on Reddit
  • Ankr is partnering with Microsoft to provide enterprise-level blockchain node hosting services via Microsoft Azure for Web3 developers and builders.
  • Blockchain nodes serve as a fundamental component of Web3 networks, maintaining copies of the distributed blockchain ledger and verifying the integrity of transactions.
  • The partnership between Ankr and Microsoft will provide developers with more opportunities to build blockchain-based applications without worrying about the underlying infrastructure.

In the digital age, where blockchain technology has emerged as a game-changer, Microsoft Corp. and Ankr Inc. have joined hands to provide enterprise-level blockchain node hosting services via the Microsoft Azure cloud solution. This partnership will enable decentralized app developers and builders to purchase blockchain node hosting infrastructure like any other cloud service.

Web3 networks’ infrastructure is built on the blockchain, which depends on nodes. Blockchain nodes serve as a fundamental component of Web3 networks. They maintain copies of the distributed blockchain ledger, act as communication hubs, and verify the integrity of the transactions being added to the network. The primary duty of a node is to confirm the legitimacy of each new “block” of transactions added to the blockchain.

The impact of the Ankr-Microsoft partnership on the Web3 ecosystem
As per the report from CryptoSlate, this partnership will enable builders to launch fully managed enterprise-grade blockchain nodes with customizable memory and bandwidth in any part of the world set to their requirements. This will allow clients to optimize for speed and reliability and efficiently track the performance of nodes across many different blockchains with advanced telemetry.

The builders can also gain low-latency access to blockchains to read and write transactions and track application performance as close to real-time as possible. This increases the reliability of decentralized applications, or dapps, for operations teams and makes them easier to access, update and troubleshoot when something happens.

Notably, Ankr supports over 38 blockchains, including Ethereum, BNB Smart Chain, Polkadot, Near, Fantom, Polygon, and Celo. As a result, this partnership brings yet another enterprise node hosting solution into the industry that gives developers more opportunities to build blockchain-based applications without worrying about the underlying infrastructure.

This partnership is a critical step in bringing blockchain infrastructure to a growing digital economy sector, as stated by Ankr co-founder and Chief Executive Chandler Song. It is also a key indicator of how far the decentralized web has come in integrating with the crucial players in every layer of web systems.

The importance of reliable, scalable, and secure node hosting solutions
Many developers and organizations are exploring how Web3 can help solve real-world business challenges. This partnership between Ankr and Microsoft will enable them to access blockchain data in a reliable, scalable, and secure way, as stated by Rashmi Misra, Microsoft’s general manager of AI and emerging technologies.

Similar services are already being provided by famous companies such as Infura, Alchemy, and Blockdaemon, which provide enterprise-grade node hosting infrastructure on their clouds. Google Cloud also offers Node Engine, which only supports Ethereum blockchain nodes. The cryptocurrency exchange Coinbase launched Node in September as part of Coinbase Cloud, which provides enterprise-grade managed node hosting for developers.

With this partnership, the developers and organizations can explore how blockchain technology can help solve real-world business challenges. Blockchain technology can reduce inefficiencies, increase transparency, and streamline operations in various industries. The blockchain’s transparency and immutability make it popular for supply chain management, healthcare, banking, and finance. Builders can quickly launch fully managed enterprise-grade blockchain nodes by leveraging Microsoft Azure cloud with Ankr’s infrastructure.

Tags: AnkrBlockchainBlockchain NodeBusinessMicrosoft
TweetShareShare
Previous Post

Ubisoft Launches Rabbids on the Sandbox Metaverse

Next Post

Redditor Is Likely To Lose Family Due To Debts Incurred From Crypto Trading Addiction

DON'T MISS THESE! HOT OFF THE PRESS

Coinbase Smashes Through All-Time Highs: Here is What This Means for Your Bags
CRYPTO

Coinbase Smashes Through All-Time Highs: Here is What This Means for Your Bags

June 26, 2025
Coinbase Introduces ‘Coinbase Payments’ Bringing Gasless USDC Checkout to Shopify
BUSINESS

Coinbase Introduces ‘Coinbase Payments’ Bringing Gasless USDC Checkout to Shopify

June 18, 2025
Trump Mobile Debuts with $499 U.S.-Made Smartphone Plan
OPINION

Trump Mobile Debuts with $499 U.S.-Made Smartphone Plan

June 16, 2025
Michael Saylor Isn’t Sweating Quantum Threats to Bitcoin
BITCOIN

Michael Saylor Isn’t Sweating Quantum Threats to Bitcoin

June 11, 2025
Apple, Airbnb, and Google Eye Stablecoin Integration for Crypto Payments
BUSINESS

Apple, Airbnb, and Google Eye Stablecoin Integration for Crypto Payments

June 6, 2025
Avalanche and Filecoin Join Forces for Cross-Chain Data Bridge
CRYPTO

Avalanche and Filecoin Join Forces for Cross-Chain Data Bridge

May 28, 2025
Load More

Related News

Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.