Waves Starts Partnership With Microsoft Azure And Promise Surprises For Devs

Waves, a Russian blockchain platform, is set to make an important partnership with Microsoft Azure. Sasha Ivanov, the head of Waves, has affirmed on social media today, January 29, that now a new partnership between the company and Microsoft Azure has led Waves to offer Smart Assets and Smart Contracts on the platform.

With these new options, the users will finally be able to use the Microsoft Azure platform in order to build their own smart contracts using the Waves technology. According to Ivanov, there is “more to come” soon, as the company will offer even more features for smart contract developers who are interested in their tech.

Now, users who are already working on Microsoft Azure can start new projects using this technology or they can use two templates of virtual machines that were added to the service. With these templates, they will be able to easily use this technology for the creation of smart contracts for both public and private blockchains.

What Does The Waves Kit Offer That Is So Unique?

Sasha Ivanov, which also boasts the title of founder of Waves, has affirmed that one of the aspects that makes the Waves technology so unique and interesting is that its non-Turing smart contracts provide higher security than the other models on the market and that they less prone to bugs as their functionality can be restricted.

Waves Assets and Waves Accounts, which can be used on Microsoft Azure, will have an extension for the Visual Studio Code, too, a product that is offered by Microsoft. The idea was to make it easier for the developers to integrate the smart contracts that they created with the cloud services provided by Microsoft Azure. Ivanov believes that this can take them to the next level.

Finally, Konstantin Goldstein, a blockchain expert from Microsoft Russia, has also praised Waves. According to him, the technology can offer great results while creating an ecosystem and is a good option for users of the Microsoft Azure toolkit.

The Waves Market

Waves are not the hottest token on the cryptocurrency market right now, that much is clear. While it is a very relevant asset and can obviously be considered one of the major relevant tokens in the market, Waves is only holding the 20th position by market cap so far, which means that the company has plenty of space for growth in the future if it keeps launching interesting features.

At the time of this report, Waves was priced at $2.92 USD at CoinMarketcap. The total market cap of the token was $292,240,897 USD and it was very far from reaching the 19th place, which belongs to TrueUSD, a stablecoin, at the moment.

Obviously, there is a good chance that the news will affect the price of the Waves token and push it forward shortly. At the time of this report, Waves was already 9.5% up, which in the last 24 hours, which is not an irrelevant fact. However, the experts believe that the token can have an even bigger growth rate in case its new tools actually make the developers confident that Waves will achieve its place in the market.

In front of Waves, there is TrueUSD, as we affirmed, NEM (18th), Ethereum Classic (17th), NEO (16th) and DASH (15th).

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Gabriel Machadohttps://bitcoinexchangeguide.com/
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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