Never miss a story

Get subscribed to our newsletter


×
FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Joining the Blockchain bandwagon, Microsoft has unveiled fully-managed Azure Blockchain Service that would simplify the formation, management and governance so that businesses can focus on workflow logic and application development.

Instead of supporting cryptocurrency transactions, Azure Blockchain Service will let businesses develop their applications on its Cloud-based platform.


Microsoft has also announced a partnership with J.P. Morgan to make “Quorum” (an enterprise-focused version of open-sourced platform Ethereum) the first ledger available in Azure Blockchain Service.

“Because it’s built on the popular Ethereum protocol, which has the world’s largest Blockchain developer community, aQuorum’ is a natural choice,” Mark Russinovich Chief Technology Officer, Microsoft Azure, said in a statement.

“Quorum” customers like coffee-chain Starbucks and luxury French fashion brand Louis Vuitton can now use Azure Blockchain Service to quickly expand their networks with lower costs.


A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

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.

“We are delighted to partner alongside Microsoft as we continue to strengthen ‘Quorum’ and expand capabilities and services on the platform,” said Umar Farooq, Global Head of Blockchain at J.P. Morgan.

Also Read- Impact of Online Learning

IBM and Amazon Web Services (AWS) have already started Blockchain-based services.

“With Azure Blockchain Service and Ethereum integrations for tools like VS Code, Microsoft is demonstrating its commitment to open Blockchain development,” said Vitalik Buterin, co-founder of Ethereum. (IANS)


Popular

Unsplash

Robots evolve to do more work around us

As robots evolve to do more work around us, the UK-based humanoid robot manufacturer Engineered Arts has infused more human-like facial expressions into one of its robots, which may leave you with an eerie feeling.

In a video posted on YouTube, the robot called 'Ameca' displays various human expressions, like appearing to "wake up" from sleep, as its face shows confusion and frustration when it opens its eyes.

Follow NewsGram on Twitter to stay updated about the World news.

Keep Reading Show less
Unsplash

The Microsoft office

Microsoft has disrupted the activities of a China-based hacking group, gaining control of the malicious websites the group used to attack organisations in the US and 28 other countries around the world.

The Microsoft Digital Crimes Unit (DCU) said in a statement that a federal court in Virginia granted its request to seize websites of the hacking group called 'Nickel', enabling the company to cut off Nickel's access to its victims and prevent the websites from being used to execute attacks.

Keep Reading Show less
Unsplash

MediaTek's plans to boost technology democratisation and enable access to disruptive connectivity

Chip manufacturer MediaTek on Monday announced that it is focused on making 2022 a year aimed at rapid growth, business success, substantial expansion in Research and Development capabilities.

MediaTek's plans to boost technology democratisation and enable access to disruptive connectivity with its range of mainstream to flagship 5G chips.

"We at MediaTek are focused on making 2022 a year aimed at rapid growth, business success, and substantial expansion in our R&D capabilities. For 2022, we are focused on further strengthening our presence in India, offering incredible experiences to customers, and supporting the country's technology initiatives with our expertise and collaboration with leading OEMs," Anku Jain, Managing Director, MediaTek India said in a statement.

Follow NewsGram on LinkedIn to know what's happening around the world.

In the flagship segment, MediaTek recently announced the Dimensity 9000 chip, which is a milestone of innovation and a rise to the incredible, built-to-power flagship 5G smartphones in the world, the company claims.

MediaTek Dimensity 9000 features a single Cortex-X2 performance core clocked at 3.05GHz, three Cortex-A710 cores at 2.85GHz and four Cortex-A510 efficiency cores at 1.8GHz.

It packs a 10-core Arm Mali-G710 that takes care of graphics processing, the report said.

Keep reading... Show less