Microsoft Introducing the Azure Blockchain Development Kit
By MYBRANDBOOK
At a latter date of Build 2019 developer conference, Microsofthas launched Azure Blockchain Service for enterprise users. It will also support JP Morgan’s Quorum, the enterprise-focused version of Ethereum.
Microsoft has now fully embraced blockchain technology. Ahead of its Build 2019 conference, Microsoft introduced ‘Azure Blockchain Service’. To push its new blockchain service, Microsoft has teamed up with JP Morgan to make Quorum first ledger available on the platform.
What is Azure Blockchain Service?
Microsoft explains Azure Blockchain service as a “fully-managed” blockchain network aimed at simplifying the “formation, management, and governance of consortium blockchain.”
Azure Blockchain Service is currently available in preview to enterprise users.
“With a few simple clicks, users can create and deploy a permissioned blockchain network and manage consortium policies using an intuitive interface in the Azure Portal,” said the company in a release.
The platform comes with built-in governance which empowers developers to include “new members, set permissions, monitor network health and activity, and execute governed, private interactions through integrations with Azure Active Directory.”
JP Morgan partnership
Quorum is essentially an enterprise version of popular Ethereum. With the partnership, JP Morgan and Microsoft are looking to accelerate the adoption of enterprise blockchain. The two will also work to integrate Quorum in the cloud.
“Because it’s built on the popular Ethereum protocol, which has the world’s largest blockchain developer community, Quorum is a natural choice. It integrates with a rich set of open-source tools while also supporting confidential transactions-something our enterprise customers require. Quorum customers like Starbucks, Louis Vuitton, and our own Xbox Finance team can now use Azure Blockchain Service to quickly expand their networks with lower costs, shifting their focus from infrastructure management to application development and business logic,” said Microsoft on a report.
Amazon competition
Even as the likes of Microsoft and Adobe are launching new cloud initiatives, Amazon has continued to be the top cloud player. As far as blockchain goes, Amazon has already introduced a bunch of initiatives to leverage the new network.
At its re:Invent 2018 conference, Amazon launched Amazon Quantum Ledger Database and Amazon Managed Blockchain services. Interestingly enough, Amazon’s new services are also aimed at helping enterprises maintain workflow management and keep record of millions of transactions. Amazon has also added support for open source blockchain frameworks such as blockchain frameworks - Ethereum and Hyperledger Fabric
"
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Autodesk continually pushing the boundaries in the Design and
Autodesk’s vision is of a better world designed and made for all. It inte
AMD Pensando driving innovation in the DPU architecture space
AMD Pensando stands out in the DPU (Data Processing Unit) market with its u
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
PDRL - Passenger Drone Research Pvt. Ltd.
ACER INDIA PVT. LTD.
TATA CONSULTANCY SERVICES
GLOBUS INFOCOM LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : SANTHOSH VISWANATHAN
Santhosh Viswanathan is the the Vice President and Managing Director f...
Icons Of India : NATARAJAN CHANDRASEKARAN
Natarajan Chandrasekaran (Chandra) is the Chairman of Tata Sons, the h...
ICONS OF INDIA : RAMESH NATRAJAN
Ramesh Natarajan, CEO of Redington Limited, on overcoming ‘technolog...
PARTNER SPEAKERS
PSU
NPCI - National Payments Corporation of India
NPCI is an umbrella organization for operating retail payments and set...
HPCL - Hindustan Petroleum Corporation Ltd.
HPCL is an integrated oil and gas company involved in refining, market...
NSE - National Stock Exchange
NSE is the leading stock exchange in India....
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
