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Microsoft Unveils its Own Blockchain-based Service

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

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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.

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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)

Next Story

Microsoft Interns Make English Learning App

In addition, the app comes with three games that would help the users practice saved words

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

Eight interns from Microsoft’s Garage Intern Team have developed an Android app – Read My World – for people willing to learn the English language.

The app requires and allows users to take a photo to identify an object from a library of over 1,500 vocabulary words, the company wrote in a blog-post on Thursday.

Using syllabification and text-to-speech features, the user can hear and see the spelling of the object as a vocabulary word, then add it to a personal dictionary for practice later.

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Logo of Microsoft outside it’s office. Pixabay

The app would let users see the spelling and hear the phonetic pronunciation of identified vocab words.

Also Read- Elon Musk Mocks Bezos’ Moon, Space Colony Plans

Read My World would also give users the option to save photos with corresponding identified word to a personal dictionary for later reference.

In addition, the app comes with three games that would help the users practice saved words. (IANS)