Layer 1 Blockchain Aptos to Team Up with Microsoft for Digital Payments and Tokenization

Aptos Labs launched the Aptos Assistant to increase the user experience for onboarding new web3 users. The tool, which is hoped to simplify entry into web3, connects web2 and web3 seamlessly for the common internet user and organizations alike.

Timeline of Aptos

On-chain data shows the Aptos (APT) trading volume has continued to be extremely high after the rally, a possible sign that more gains may be coming. Aptos Social Dominance Calms Down, But Trading Volume Remains Elevated Yesterday, news came out that tech giant Microsoft has partnered up with Aptos Labs to work on blockchain-based AI tools.

Uniswap (UNI), Polygon (MATIC), and Aptos (APT) are not just acronyms in the crypto lexicon: they represent the cutting edge of transformative technologies, the rise of decentralized finance, and the steady flow of market forces in the crypto world.

Aptos (APT) has scored a major deal with tech giant Microsoft yesterday. However, the announcement of a “partnership” between Aptos Labs and tech giant Microsoft has raised eyebrows and ignited debates across the crypto community if this is just smoke and mirrors.

Back when Aptos announced its collaboration with Microsoft, in which they decided to codevelop AI tools tailored to blockchain integrations, we saw a surge of enthusiasm and an undeniable fear of missing out (FOMO) among crypto enthusiasts. While the initial hype has simmered down, this is not a sign of dwindling interest.

Aptos token registers an 11.6% surge in response to a strategic collaboration with Microsoft, aiming to merge AI and blockchain to drive Web3 adoption. The partnership seeks to introduce innovative solutions and enhance security measures within the Aptos Network ecosystem.

Cryptocurrencies moved sideways on Thursday as traders waited for the upcoming US inflation data. They also wavered after the Securities and Exchange Commission (SEC) moved to appeal the partial victory by Ripple. Bitcoin was still consolidating at $29,500 while Ethereum was stuck at $1,850. Several altcoins were in the green.

Following the developer's announcement of a multiyear agreement with Microsoft to expand Web3, the price of Aptos (APT), the native token for the Aptos blockchain, has increased over 10%.

Microsoft (NASDAQ: MSFT) and Aptos Labs are joining forces to integrate artificial intelligence with blockchain, aiming to simplify the transition for users into the Web3 realm using the Microsoft Azure OpenAI Service. What Happened: This collaboration seeks to address the challenges users face when navigating the Web3 ecosystem, leveraging the combined power of AI's generative capabilities and blockchain's inherent transparency.

Solana (SOL) rival Aptos (APT) is reportedly partnering with tech giant Microsoft on a new push into artificial intelligence (AI) and web3 projects. According to a new TechCrunch report, Aptos Labs will integrate its blockchain technology with Microsoft's Azure OpenAI Service to quicken web3 adoption.

One of the tech titans, Microsoft, is making its move. Known for its software and computing innovations, the tech mogul has now unveiled its latest venture into the uncharted territories of digital payments, blockchain, and Central Bank Digital Currencies (CBDCs).