BlockApps, a leading Ethereum enterprise blockchain developer’s platform, has announced that it is expanding its global access of Blockchain-as-a-Service to China. In order to achieve this, it is working in conjunction with market leading cloud providers Alibaba, Microsoft Azure China operated by 21Vianet, Tencent, and WanCloud.

“Demand for BlockApps from enterprises around the world has grown exceptionally fast from the US to Europe, South America, the Middle East and now by working with the leading Chinese cloud providers, BlockApps will help them and their enterprise clients facilitate efficient blockchain deployments”, Victor Wong, CEO of BlockApps, said.

According to the official release, technical integration has already begun with Alibaba, Microsoft Azure China, Tencent, and WanCloud. BlockApps will be available as a single-click enterprise deployment on these clouds before year end.

“BlockApps has been an exceptional blockchain partner in supporting our clients globally. We are excited they have selected Microsoft Azure operated by 21Vianet to deploy their solutions in China, to help businesses the ability to rapidly develop smart contract solutions that range from proofs-of-concept to full production solutions”, Marley Gray, Principal Project Manager at Microsoft, said.

Pre-Series-A Venture Funding

In addition, BlockApps also announced that it has successfully closed its pre-series-A round in order to address global demand and expansion into China from clients in finance, supply chain management, retail, healthcare, payments processing, insurance and other industries. 

The round was led by Fenbushi Capital and drew support from Chinese and American blockchain thought-leaders including Black Pine Capital and its affiliate Jen Advisors, the Novogratz Family Office, Radiant Venture Capital, and Ventris Capital.

“BlockApps is the most scalable and modular enterprise blockchain solution available today. Given BlockApps’ early success on the Microsoft Azure and Redhat Openshift platforms in the United States, we look to help scale those efforts here in China. We see BlockApps as the infrastructural blockchain database of companies in the future”, Bo Shen, Managing Director of Fenbushi Capital remarked. “Through collaboration with Fenbushi Capital, BlockApps has already begun working on two large enterprise engagements here in China, including a multi-national insurer and a smart cities initiative. More information will be announced at the Wanxiang Blockchain Summit.”