Microsoft launches blockchain partnership in Taiwan

BY LEAH WILLIAMS
Posted on AUG 13, 2019

Microsoft forms an alliance with blockchain technology enterprises despite Bill Gates' negative Bitcoin accusations in early 2018.

Microsoft Taiwan has leveraged a three-party blockchain alliance with Digital China and Hot Cool with a strategy to use blockchain technology towards the improvement of financial, e-commerce, entertainment, and other industries.

The enterprises unveiled the initiative during a conference on June 28 at the Le Mridien Hotel in Taipei City.
Sun Jikang, the general manager of Microsoft Taiwan, explained that he believes Microsoft Azure can improve the computing speed and security of Digital China's digital blockchain services.

"Taiwan has first-class engineering and technical talents, and their innovative thinking cannot be underestimated," Jikang stated. "At the same time, it carries a solid manufacturing and R&D foundation, plus Excellent geographical location, with the superior conditions for the development of blockchain application, I believe that Microsoft's tooling in the strategic layout of the blockchain, and citing the global partner resources, is bound to be the vision of the industrial application of the blockchain."

Contrariwise, Hu Day, the executive director of a blockchain venture capital company named Kyber Capital in Taiwan, holds a theory that the blockchain revolution needs to start with the financial services. He wants to create a sustainable business value, address the return to investors, and solve practical problems first, before creating a new internet