The Japanese giant of the IT giant Microsoft has collaborated with the nascent startup blockchain LayerX to "accelerate" the absorption of technology, according to reports from Cointelegraph Japan on November 30th.
LayerX, which was formed in August as a joint venture from the Gunosy news curation app and the AnyPay consulting service, oversees the blockchain integration for businesses, including areas such as smart contracts and general advice.
Using Microsoft's Azure Blockchain-as-a-Service (BaaS) solution, companies will seek to further promote technology in the domestic economy.
"We will support the introduction process in its entirety, even up to the technical support of the finished implementations," said an accompanying press release, adding:
"Both companies will work towards the transformation of people's lives and work practices by promoting the implementation of blockchain technology in various sectors".
Earlier this month, Microsoft released its cloud-based Azure blockchain development kit, which executives would initially focus on three areas: "connection interfaces, data and systems integration, and smart contract and network deployment. blockchain ".
Japan's move is the latest of more and more businesses in the country both in the blockchain and in the cryptocurrency, with more entities involved in promoting technology among consumers.
Two exchanges of Japanese cryptocurrencies, Coincheck and Zaif, meanwhile continue to recover from the January and September hacks of the year that have seen losses of almost $ 600 million.