Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain
Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, director of technology and civic innovation at Microsoft. They led discussions on using the blockchain....
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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....
Fresh from launching its Ethereum-powered blockchain platform for customers of its cloud platform Azure, Microsoft has revealed it intends to add Ripple, an interledger protocol to its blockchain-based toolkit. Microsoft originally made the announcement to offer an Ethereum-blockchain solution for its customers after striking a partnership with ConsenSys toward the end of October. The objective was simple. Collaborate with the Brooklyn-based startup to grant Microsoft's enterprise users the necessary tools to use the Ethereum Blockchain-as-a-Service (BaaS). The applications would allow....
The Microsoft Azure blockchain-as-a-service offering just got a bit longer, as AlphaPoint joined the fray. Or to be more precise, the first certified offering by Blockapps is making its way to the Microsoft Azure BaaS service, in the form of STRATO. This single-blockchain instance will let developers tinker around the Ethereum blockchain and provide an API for application purposes. Additionally, AlphaPoint and IOTA are now available on the BaaS platform as well. STRATO Arrives On Microsoft Azure BaaS. It is positive to see Microsoft Azure continue the development of their....
Technology giant Microsoft and financial institution Bank of America Merill Lynch have announced a collaboration with the aim to “fuel transformation of trade finance transacting”, with blockchain technology. In an announcement at the annual SWIFT-organized Sibos conference, Microsoft and Bank of America Merrill Lynch underlined their collaborative aim to usher in blockchain technology to transform the trade finance sector. The collaboration is only the latest in an increasing number of endeavors between the financial and technology industries to explore and develop blockchain solutions.....
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....