Fintechs.fi

Fintech & Crypto News

Ankr’s Enterprise RPC Services Go Live on Microsoft’s Azure Marketplace

Ankr is expecting a big rise in customers and has confirmed that it is getting its resources ready to meet the demand.

Ankr, a provider of decentralised blockchain infrastructure, has announced the launch of Enterprise RPC services on Microsoft’s Azure Marketplace. This will give buyers of the cloud computing platform an easy way to access blockchain infrastructure.

Integrating Ankr and Microsoft

The official press release sent to CryptoPotato says that the RPC service will offer global blockchain connections with low latency. This will help businesses build and grow their Web3 projects and apps.

The agreement between the two platforms will bring not only RPC nodes, but also a new solution called “AppChains.” In addition to the Enterprise RPC option, the service is also available on Microsoft’s Azure Marketplace. It is meant to help businesses quickly and easily set up their own blockchain that they can fully customise.

In the first version, businesses were able to set up their own Polygon Supernets. Going forward, they will be able to choose from many more ecosystems.

Peter Stewart, who is in charge of Ankr’s infrastructure, said in a statement that the project is getting ready for a big increase in clients and is working to make sure it has enough resources. Stewart said this about the collaboration:

“Our collaboration with the Microsoft team to launch the Enterprise RPC service was highly rewarding. Together, we ensured exceptional user-friendliness and performance. This partnership has been remarkable, and we are excited for the future of our Enterprise RPC service.”

Daniel An, Microsoft’s Director of Business Development for Web3 & AI, said that the goal of the partnership is to “abstract away” problems that make it hard to test, launch, and scale Web3 projects smoothly.

“We are excited to partner with Ankr to bring enterprise-grade blockchain infrastructure to Azure Marketplace. We look forward to helping enterprise customers and developers meet their evolving infrastructure and tooling needs in Web3.”

Latest on Ankr

The news comes after Ankr and Microsoft started working together in February. During the same time, Tencent, a business based in China, signed a memorandum of understanding (MoU) with Web3 to create a full set of blockchain API services.

The most recent changes haven’t made a big difference on the TVL side. According to data from DeFiLlama, Ankr’s overall value locked was just over $143 million.

Last December, it was said that the $5 million hack on the DeFi protocol was done by an ex-worker of Ankr. The person who did it is said to have taken advantage of a smart contract for one of Ankr’s staking awards tokens, aBNBc, and used a bug in its code to mint the token as many times as they wanted on the BNB chain.