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Aptos Labs Teams Up with Microsoft to Accelerate Global Web3 Adoption

9 August 2023
in Latest News, News
Reading Time: 4 mins read
108 4
Home News Latest News

Aptos Labs has unveiled a strategic collaboration with tech giant Microsoft, setting the stage for a concerted effort to accelerate the adoption of Web3 technology worldwide. The partnership leverages the capabilities of Microsoft Azure OpenAI Service to facilitate the widespread integration of Web3 technologies.

Underpinning this collaboration is the introduction of a pioneering solution named Aptos Assistant. This innovative tool is designed to tackle the challenges associated with transitioning to Web3 by serving as a reliable, user-friendly, and secure bridge between web2 and web3 and catering to both regular Internet users and organizations. 

According to a press statement, the Aptos Assistant is designed to enable users to effortlessly get started with web3 by seeking guidance on the Aptos blockchain ecosystem through “natural language” interactions. This new offering will also be accessible to provide support for developers in their endeavours to develop smart contracts and decentralized applications.

Mo Shaikh, CEO of Aptos Labs, highlighted the significance of the fusion between Artificial Intelligence and blockchain technologies. He noted that both innovations are generational breakthroughs that wield profound influence over the trajectory of the internet and societal evolution.

Shaikh added:

“Together with Microsoft, our shared vision is to ensure that this technology is accessible to more people and organizations than ever before.”

This collaboration between Aptos and Microsoft goes beyond what the Aptos Assistant. Both companies will also explore experimental domains such as asset tokenization, payment systems, and Central Bank Digital Currencies (CBDCs). These initiatives are poised to reshape the landscape of financial services corporations by seamlessly integrating Web3.

Aptos Labs also has plans to bolster the integrity of its blockchain infrastructure by establishing validator nodes on Azure. This move further enhances the security and dependability of the Aptos network. The company took to X (formerly Twitter) to share this development, stating: 

“The @Microsoft partnership helps @AptosLabs bring fortified security to the entire Aptos network. Aptos will run validator nodes on Azure, enhancing security of the Aptos blockchain with the infrastructure and reliability of Microsoft.”

Today, we’re making Aptos history.@AptosLabs is partnering with @Microsoft to unlock Web3 on the @Aptos_Network.

As an @msPartner, our joint suite of AI-supported tools will offer developers and users around the world effortless access to Web3. (1/6) pic.twitter.com/zWsrVWhSql

— Aptos Labs (@AptosLabs) August 9, 2023

 

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Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

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