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Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure

Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products.

By Shaurya Malwa
AccessTimeIconJul 11, 2023 at 1:00 p.m. UTC
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Cross-chain protocol Axelar plans to build a blockchain-based tool that will allow businesses and users to easily connect with decentralized applications (dapps) across Microsoft's Azure cloud platform, the firms told CoinDesk.

The current market offers limited options for developers and organizations who want to enable one-click user interoperability across multiple blockchain ecosystems, an Axelar representative said in a Telegram message.

Once implemented, developers will be able to use Azure to access to an Axelar-based blockchain tool that connects dapps to networks, services and developer tools via the AxelarJS software library. That will allow them to automate multichain deployments for Web3 products, and the Axelar General Message Passing (GMP), which enables developers to integrate applications independent of blockchains or databases that host them.

Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products.

Axelar’s AXL tokens traded at 35 cents in European morning hours on Tuesday.

Edited by Sheldon Reback.

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Shaurya Malwa
Shaurya Malwa

Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

Follow @shauryamalwa on Twitter

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