Microsoft Explores Blockchain Tech's Use for Social Good
The ways in which blockchain technology can be used to support social good were discussed at an event hosted by Microsoft's Civic Innovation team in New York last night. Taking place at the LMHQ venue in Lower Manhattan, the event was kicked off by John Paul Farmer, director of technology and civic innovation at Microsoft. Farmer, who previously served as the senior advisor for innovation in the White House Office of Science and Technology Policy, explained the purpose of the session was to explore the kind of impact blockchain technology can have when used in new and creative ways. He....
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Blockchain technology has been garnering a lot of attention these days, after years of staying in the shadow of the actual cryptocurrency bitcoin. Blockchain is the public ledger of bitcoin transactions, which are stored and verified by a network of computers solving complex algorithms, and is seen as a potentially disruptive technology in various sectors. While the applications of blockchain in finance and banking have been popping up, Microsoft has ventured to explore how it can be used for social good. These were discussed at an event hosted by Microsoft's Civic Innovation team in New....
Microsoft has issued an update on the progress of its blockchain toolkit offering, revealing it is exploring how to add Ripple's Interledger protocol as it seeks to enhance the service. First announced in October as an update to its Azure cloud computing platform, Microsoft's BaaS offering currently allows developers to deploy private and semi-public blockchain networks on Ethereum and otherwise experiment with the decentralized application platform. In a new blog post, Marley Gray, Microsoft's director for technology strategy in US financial services, expanded on the program and its....
Tech giant Microsoft will expand its blockchain team, according to this department Director of Strategy and Transformation, Blockchain, and Cloud Hardware Supply Chain Yorke Rhodes. Via his Twitter account, Rhodes called on potential candidates and everyone “obsessed with Turing complete, scarce programmable objects”. Related Reading | How Microsoft Is Building A Decentralized Internet On Top […]
Tech giant Microsoft has established a partnership with Blockchain identity startup Tierion to secure sensitive pieces of information on a public Blockchain. Daniel Buchner from the Microsoft Azure Identity team will be leading a project called decentralized identity initiative which features extensive collaboration with Tierion and its developers. Cooperatively, the Microsoft and Tierion development teams are looking to build a Blockchain-based platform wherein anyone can sign data, claims and agreements in an immutable and transparent ecosystem. Commercialization. Ultimately, Microsoft....
While Microsoft tested the waters with bitcoin at the tail end of 2014, the tech giant appears poised to be a far bigger player in the burgeoning market for solutions that harness its underlying blockchain technology. Since opening its Azure cloud computing platform to the ecosystem this October, Microsoft has added a steady stream of partners to its blockchain-as-a-service (BaaS) solution – a product styled as a kind of 'sandbox' where partners can interact with different technologies, from smart contracts to blockchain-based tax reporting services, in a low-risk environment. Far from....