Microsoft partnered with web3 infrastructure provider Ankr to offer a node service for enterprises in need of blockchain data access.
The two firms will work together on a new node hosting service in Microsoft's Azure cloud marketplace, with tailored memory and bandwidth specifications for blockchain nodes.
The enterprise node deployment service would enable web3 projects or developers to deploy smart contracts, relay transactions and read or write blockchain data, according to a company release.
"Our partnership with Ankr will enable developers and organizations to access blockchain data in a reliable and secure way as they explore how web3 can address real-world business challenges," said Rashmi Misra, Microsoft's general manager for AI and emerging technologies in the release. "Together, we are building a robust web3 infrastructure layer."
The price of Ankr Network is $0.049 today with a 24hour trading volume of 250 million dollar. This represents a 50% price increase in the last 24 hours and a 80% price increase in the past 7 days.
next targets are 0.055, 0.059 and 0.065$. don't forget a good stop loss too