Share this article

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.

Jul 11, 2023, 1:00 p.m. 1 min read
(Shutterstock)

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.

Di più per voi

Ethereum Logo

0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the team unlock funds for 48 original investors. It is the second such recovery he has publicized in eight days.

Cosa sapere:

  • A security researcher known as 0xflorent helped the team behind a failed 2016 HongCoin ICO unlock about 1,003.62 ETH, or roughly $2 million, that had been trapped in its smart contract for nine years.
  • By coordinating with HongCoin’s multisig wallet holders, he used an unpatched integer-overflow flaw in an admin...