Microsoft and Aptos Labs partner to develop blockchain AI tools

Microsoft and Aptos Labs partner to develop blockchain AI tools Duncan is an award-winning technology industry analyst, specialising in cloud computing, blockchain, martech and edge computing.

Aptos Labs has teamed up with Microsoft to accelerate global web3 adoption using Microsoft Azure OpenAI Service.

Onboarding new users to web3 can be time-consuming and complex, which may deter people from exploring the ecosystem. There’s a common perception gap between the utility of blockchain and user skepticism around how simple it is to use. Some challenges new web3 users face once they’ve started engaging with the ecosystem include understanding how blockchain and decentralisation benefit users personally, creating wallets to onboard into web3 and converting fiat currency to cryptocurrency.

To launch this partnership and overcome these hurdles to adoption, Aptos Labs will introduce Aptos Assistant which will operate as a responsible, user-friendly and secure assistant bridging web2 to web3 for the everyday internet user and organisation. Aptos Assistant will enable users to seamlessly onboard into web3 by asking any kind of question regarding the Aptos blockchain ecosystem using natural language. It will also be available to guide developers as they build smart contracts and decentralised apps – and direct them toward relevant, accessible resources.

Mo Shaikh, CEO of Aptos Labs, said: “Artificial Intelligence and blockchain technologies are quickly converging for one important reason: they are both generational breakthroughs that profoundly impact the evolution of the internet and shape society.

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

Rashmi Misra, GM, AI & Emerging Technologies, Microsoft, said: “The intersection of AI and blockchain is one of the most interesting combinations of emerging technologies and can generate transformational use cases.

“By fusing Aptos Labs’ technology with the Microsoft Azure Open AI Service capabilities, we aim to democratise the use of blockchain enabling users to seamlessly onboard to Web3 and innovators to develop new exciting decentralised applications using AI.”

Another important pillar of the partnership is that Aptos and Microsoft have also agreed to explore innovative solutions, such as asset tokenisation, payments and Central Bank Digital Currencies, that will further advance the adoption of Web3 from financial services enterprises. Additionally, Aptos will run validator nodes on Azure, enhancing the reliability and security of the Aptos blockchain.

The world-class engineers behind Aptos Labs have solved some of the hardest problems in blockchain at an immense scale with security. By combining talent and technology, this partnership underscores Microsoft’s and Aptos’ shared commitment to decentralisation.

Want to learn more about blockchain from industry leaders? Check out Blockchain Expo taking place in Amsterdam, California and London.

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