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Ankr and Microsoft Collaborate on Blockchain Node Hosting

Ankr partners with Microsoft to enhance enterprise node hosting service, integrating with Azure Marketplace to boost blockchain application development.
Published on 2023-02-22

Ankr and Microsoft Partnership

Ankr, a leading Web3 infrastructure provider, has formed a strategic partnership with Microsoft to offer an enterprise node hosting service. This collaboration aims to integrate Ankr's blockchain infrastructure into the Microsoft Azure Marketplace, significantly benefiting developers aiming to scale their blockchain applications.

Impact on Ankr's Market Performance

Following the announcement, Ankr's native token, ANKR, experienced a substantial market response. The token surged by 60%, reaching a high of $0.05321. This marks a significant price movement, the first of its kind since August 2022, reflecting increased investor confidence in Ankr's strategic direction and the potential growth stemming from this partnership.

Enterprise Node Hosting Service

The newly introduced enterprise node hosting service is designed to cater to organizations and enterprises requiring reliable access to blockchain data. By leveraging Microsoft's robust Azure infrastructure, Ankr aims to provide scalable and efficient solutions that meet the demands of modern blockchain development.

Enhancing Blockchain Development

Integrating Ankr's infrastructure with Microsoft Azure's platform provides developers with enhanced tools and resources. This collaboration is expected to streamline the development and deployment of blockchain applications, facilitating faster innovation and adoption within the industry.

Future Prospects

The partnership between Ankr and Microsoft represents a significant milestone in the evolution of blockchain technology within enterprise environments. As more businesses seek to harness the power of blockchain, the integration of these services is poised to offer a competitive edge and drive forward the digital transformation agenda.

By focusing on scalable solutions and leveraging Microsoft's extensive reach, Ankr is well-positioned to become a key player in the blockchain infrastructure space, promising further advancements and collaborations in the future.

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