FOR IMMEDIATE RELEASE
10XTS Launches XDEX Pro on Microsoft Azure AppSource Marketplace, Expanding Access to Blockchain-Based Financial Records for Small and Medium Businesses
Redmond, WA – August 14, 2020 – 10XTS, a blockchain technology company specializing in secure digital asset management, is excited to announce the launch of XDEX Pro on the Microsoft Azure AppSource Marketplace. As a global financial records network, XDEX Pro provides a cloud-based, Software-as-a-Service (SaaS) version of the XDEX solution, designed to help small-to-medium-sized businesses (SMBs) access advanced blockchain technology without the need for large-scale development resources.
By listing XDEX Pro in Microsoft’s AppSource Marketplace, 10XTS brings accessible blockchain technology to SMBs, allowing them to connect documents, data, and information to the XDEX Network blockchain ecosystem. XDEX Pro provides a secure, decentralized network that enables businesses to maintain tamper-proof records, manage digital assets, and ensure regulatory compliance in a cost-effective and scalable way.
“The launch of XDEX Pro on Azure AppSource is a major milestone for 10XTS,” said Michael Hiles, CEO of 10XTS. “This makes blockchain accessible for smaller companies that may not have the resources for custom software solutions. The XDEX solution empowers these businesses to leverage blockchain’s advantages, from secure data management to enhanced transparency and regulatory alignment.”
Strategic Positioning for CoSell Ready Partnership with Microsoft
The launch of XDEX Pro in Microsoft’s AppSource Marketplace is the final step for 10XTS before being approved for Microsoft’s CoSell Ready partnership program. This program, established in 2018, enables Microsoft to work more closely with software development partners through a channel partnership model. Once approved as CoSell Ready, 10XTS will have the opportunity to collaborate directly with Microsoft’s global sales teams, identifying and cultivating business opportunities as a trusted partner.
“While XDEX is cloud platform-independent, Microsoft’s significant market share in global enterprise made Azure a logical channel for expanding our solution,” added Hiles. “The CoSell Ready partnership will allow us to work closely with Microsoft’s team to bring XDEX to a global audience, helping companies improve data transparency and efficiency across their operations.”
Microsoft Grants Fuel Development of XDEX Pro on Azure
10XTS’s journey with Microsoft began in 2018 when it received an initial $25,000 grant from Microsoft to pilot the development of XDEX on the Azure cloud platform. Encouraged by early successes, Microsoft awarded 10XTS a second grant of $120,000 in 2019 to continue development, bringing XDEX to the advanced state it has reached today. These grants have been instrumental in positioning XDEX as a powerful, enterprise-grade solution that is easy to deploy and integrate into a company’s existing infrastructure through the Azure platform.
About XDEX Pro: A Cloud-Based Blockchain Solution for Financial Records Management
XDEX Pro is a cloud-based version of the XDEX solution, tailored specifically for SMBs that require robust financial records management without the significant investment needed for custom development. By using XDEX Pro, businesses can manage a secure and verifiable financial records network on the blockchain, providing transparency and data integrity. The solution is well-suited for companies in regulated industries that need to manage sensitive information securely and meet compliance standards.
Key features of XDEX Pro include:
- Document and Data Connectivity: Enables SMBs to link and manage records securely across departments, ensuring data consistency.
- Blockchain Ecosystem Integration: Provides access to the XDEX blockchain network for transparent, tamper-proof records management.
- Compliance-Friendly Design: Supports regulatory compliance by providing an immutable record of transactions and data, crucial for industries like finance and healthcare.
The Path Forward: Bringing XDEX Pro to a Global Audience Through Microsoft Collaboration
The forthcoming CoSell Ready approval will allow 10XTS to work hand-in-hand with Microsoft’s global sales teams, amplifying XDEX Pro’s reach across international markets. Through this collaboration, 10XTS aims to create new growth opportunities by demonstrating XDEX Pro’s capability to solve real-world challenges in data integrity, financial transparency, and compliance.
The 10XTS team is looking forward to helping businesses around the world leverage blockchain technology in a way that is accessible, cost-effective, and impactful. By partnering with Microsoft, 10XTS is positioned to become a significant player in the digital asset management space, offering businesses a seamless way to adopt blockchain technology without substantial upfront costs.
About 10XTS
10XTS is a blockchain technology company dedicated to developing secure, compliant solutions for digital asset management and financial records transparency. With its flagship platform, XDEX, 10XTS provides a blockchain-based ecosystem for secure document and data management, supporting regulated industries in meeting compliance standards and improving operational efficiency. Headquartered in Cincinnati, Ohio, 10XTS partners with industry leaders to deliver cutting-edge blockchain solutions that align with modern data management needs.
Media Contact
10XTS
Email: info@10xts.com
Website: www.10xts.com
