Microsoft & IBM Declare Blockchain Open for Business
Microsoft and IBM, two of the biggest names in technology, are ramping up their distributed ledger initiative and Blockchain-as-a-Service platform with the aim of changing the world with their latest tools. The blockchain has become more than a buzzword as these two corporate behemoths are tapping into the potential of the technology. Back in November of....
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Since launching its Azure Blockchain as a Service (BaaS) last November, Microsoft has worked with partners to understand core industry scenarios, and to develop the technologies to bring blockchain to enterprises, governments, and individuals. Project Bletchley is Microsoft’s vision for an open, modular blockchain powered by Azure, according to Marley Gray, director of blockchain business development and strategy at Microsoft, in an Azure blog. That vision, articulated in a white paper on Github, includes new elements the company believes to be key to enterprise blockchain architecture.....
Microsoft today unveiled a new project designed to make it easier for businesses across a wide range of industries to build consortiums that better take advantage of blockchain technology. Since a distributed ledger technology is only as powerful as the number people or companies that use it, Microsoft intends this new suite of tools to help build those networks. To date, a number of blockchain consortiums have been formed to test the technology, with the most notable including banking consortium R3CEV, the Post-Trade Distributed Ledger Group (PTDL) and Dubai's Global Blockchain Council....
As business giants and governments are moving to explore Blockchain, the distributed ledger system that is behind Bitcoin, Microsoft is to build a “Certified Blockchain Marketplace”. Microsoft Azure platform. Bitcoin’s value had earlier seen a $20 surge when Microsoft had announced plans to integrate Bitcoin into its Windows and Xbox digital payments system, though the initiative failed to garner widespread support. However, Microsoft is now moving forward and experimenting with the technology behind Bitcoin, Blockchain - the distributed ledger system on which Bitcoin and other....
Embrace, Extend, Extinguish. Sounds like the slogan from an evil comic-book organization like Hydra, or the League of Shadows. In reality, it’s the oft-cited business mantra of Microsoft, with regards to how they handle emerging competitors and open source technologies. You’ll find it parroted most in the open source community, particularly when Microsoft pulls stunts like their recent “partnering” with canonical to implement an Ubuntu-like Posix environment in Windows Ten. The phrase originates from the DOJ’s findings during the United States v. Microsoft Corp. antitrust case in 2003, as....
Tech giant Microsoft has partnered with startups Blockstack Labs and ConsenSys to build an open-source identity platform aimed at integrating the bitcoin and Ethereum blockchains. The project seeks to build a platform for cross-blockchain identity across multiple distributed systems. An early version of the identity solution is expected to be available by the end of this summer. In a blog post published today, Microsoft global business strategist York Rhodes wrote that in the coming weeks Microsoft will launch an open source framework on Azure, where developers can build their own identity....