China Binary Sale Technology announced on Friday that it has partnered with technology giant Microsoft and High Cloud to launch MasterDAX. The partnership, through blockchain, aims to transform and upgrade industries such as finance, e-commerce, and entertainment.
China Binary’s MasterDAX will use Microsoft Azure as its blockchain cloud platform. It will provide developers with a pre-built network and infrastructure which will allow them to simplify the development process. According to the statement, once the Azure blockchain network is linked to cloud services such as Azure Active Directory, Key Vault, and SQL Database, developers will be able to make bold innovations.
Taiwan to be blockchain stronghold
Commenting on the strategic cooperation with Microsoft Taiwan, Sun Jiangtao, Founder of China Binary, said: “China Binary is quite optimistic about the blockchain commercial markets in Taiwan and Southeast Asia.
“Taiwan enjoys absolute unrivalled advantages such as abundant talents and a profound knowledge of the Southeast Asian market. Through this cooperation, we expect to make the Taiwan market the stronghold of the blockchain business development and the outpost for the Southeast Asian market.”
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Sun Jiangtao also commented on the benefits of partnering with Microsoft: “Azure Blockchain Workbench can significantly shorten the development cycle of China Binary’s blockchain infrastructure. In addition, Azure can provide functions like cognitive APIs, automated programs (such as web robots), machine learning, and Blockchain as a Service (BaaS), which can help us effectively build intelligent solutions for customers.”
The General Manager of Microsoft Taiwan, Sun Jikang, echoed this by stating: “Microsoft Azure can enhance the security and improve computing speed of China Binary’s blockchain services, which is also key to China Binary’s selection of Microsoft Azure as the cloud technology platform to develop commercial blockchain solutions.
“Whereas, High Cloud acted as an intermediator and is an important partner for the customized services of China Binary and Microsoft’s commercial applications.”
MasterDAX has provided services to blockchain companies in more than 30 countries across the world. Its subsidiary, China Binary, is a prominent online trading service provider for online games.