As one of the emerging economies in the world Taiwan has become a hub for many financial and technological giants that want to set their foot into the Asian market. Microsoft as a leading company in the tech industry has a very natural presence in this part of the world and they just have revealed a brand new partnership from this developing country.
The Microsoft’s Taiwan office has entered in a partnership deal with Digital China and Hot Cool with a future prospect of them three becoming a vivid users of the blockchain technology in order to utilise it for improving the entertainment, e-commerce, financial and many other industries.
This new alliance had revealed their plans at a conference on June 28 (LINK) at the Le Meridien Hotel in Taipei, Taiwan. Microsoft Taiwan’s general manager Sun Jikang has said that his believes are that Microsoft Azure can help improve the computing speed and security of Digital China’s blockchain services. As some people might not now, Microsoft Azure is a cloud computing service offered by Microsoft that enables users to build, test, deploy and manage apps and services using the company’s global network of data centres.
Jikang also continues:
“Taiwan has first-class engineering and technical talents, and their innovative thinking cannot be underestimated. At the same time, it carries a solid manufacturing and R&D foundation, plus Excellent geographical location, with the superior conditions for the development of blockchain application, I believe that Microsoft’s tooling in the strategic layout of the blockchain, and citing the global partner resources, is bound to be the vision of the industrial application of the blockchain.”
About Digital China
The founder of Digital China, Sun Yutao or better known by his nickname the “creator of the Goldman Sachs in the blockchain domain”, has its company’s roots setting back to the Legend Group that in 2001 had become Lenovo. He has been very active in the blockchain research domain since 2014. His believes are that blockchain has to be combined with the Internet of Things (IOT), Artificial Intelligence (AI) and biometrics in order to thrive. This view of his for this type of alliance of technologies has been in sight with the future of the business blockchain implementation in the emerging Taiwanese market.
Hot Cool’s General Manager Wu Jiefu had also joined the conference supporting this kind of partnership and stating that it is the best model for the future of the blockchain technology. Hot Cool is a cloud management service provider, and will be in the role of technical intermediary for corporate and public cloud providers. The company has been committed to giving users easy access to computing services.
This initiative will collectively combine Microsoft Azure Blockchain Workbench (a blockchain cloud technology platform), Digital China’s Digital DADA, , and Hot Cool’s cloud management service provider. Azure Blockchain Workbench will enable blockchain developers to pre-build a network and infrastructure that will support Azure’s blockchain network with Azure Active Directory, Key Vault and SQL Database. Digital China’s founder Mr. Yutao has strong believes in the capabilities of Workbench in order to minimise the development time of the blockchain infrastructure in China.