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Microsoft, Waves Enterprise To Engage In Development Of Corporate Blockchain In Russia

Tracy CHEN

Summary: Microsoft Corporation and Waves Enterprise hybrid blockchain platform will develop a corporate blockchain in Russia and launch a cloud service for automatic transaction analytics and audit of smart contracts, Waves Enterprise press service said.The five-year memorandum of cooperation was signed by the president of Microsoft in Russia, Kristina Tikhonova and Web3 Technologies CEO (Waves Enterprise ...

Microsoft Corporation and Waves Enterprise hybrid blockchain platform will develop a corporate blockchain in Russia and launch a cloud service for automatic transaction analytics and audit of smart contracts, Waves Enterprise press service said.
The five-year memorandum of cooperation was signed by the president of Microsoft in Russia, Kristina Tikhonova and Web3 Technologies CEO (Waves Enterprise platform developer) Alexander Ivanov.
According to Waves Enterprise, the blockchain service market in Russia will grow to about 10 billion rubles ($140 million) in 2020 from 4 billion rubles ($56 million) in 2019.

Tracy Chen