Waves Enterprise and Microsoft Partner to Launch Russian Corporate Blockchain

Waves Enterprise and Microsoft’s Russian office have announced a strategic cooperation to develop and launch corporate blockchain solutions and cloud technologies. 

According to the press release, the five-year collaboration will involve the development of a corporate blockchain in Russia and a cloud service for the automatic analysis and audit of smart contracts. 

Christina Tikhonova, president of Microsoft Russia, called Waves a leader in international blockchain platforms and a substantial contributor to the ecosystem of decentralized solutions. 

She continued, 

We are confident that our partnership will facilitate the full realization of blockchain technology in the corporate sector in Russia and also, globally.

The release claims that Waves Enterprise will leverage and integrate Microsoft Azure cloud technologies for joint initiatives aimed at the adoption of corporate blockchain solutions. The company intends to offer a new application model of Blockchain-as-a-Service (BaaS), with an emphasis on supply chain optimization, data notary and the tokenization of industrial assets. 

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