Factom Price Soars after Integration with Microsoft's Azure Blockchain

Factom Price Soars after Integration with Microsoft's Azure Blockchain

Blockchains have eclipsed bitcoin in the mainstream media lately, largely due to financial institutions looking for ways to use blockchains. But in addition to these initiatives, some big technology companies are exploring Ripple, Factom and Ethereum protocols, according to Finance Magnates. Microsoft's Azure cloud service recently acquired Ethereum capabilities, followed by Factom, Ripple and others. Factom Price Spikes And Holds. Azure's embrace of Factom recently gave a big boost to its cryptocurrency, which crypto exchanges added for trade in October. Factom, an Austin, Texas-based....


Related News

Microsoft Adds Factom & CoinPrism as Partners to Its Blockchain Platform

Microsoft's Azure blockchain and its blockchain-as-a-service endeavor is now adding three new partners to its blockchain-toolkit platform, with one of them even providing a Bitcoin data service. Soon after launching its blockchain-based service for customers of its cloud platform Azure last month, Microsoft has been ramping up its partners who will serve as collaborators and service providers. Last week, Microsoft announced a new partnership with Ripple, the interledger protocol to its blockchain toolkit. In a new blog post by Marley Gray, Director of Technology Strategy for Financial....

Microsoft Azure Welcomes 9 New Partners to BaaS Ecosystem

Microsoft Azure Welcomes new partners OKcash, VCash, Blocknet, BitSwift and five others to the Blockchain As A Service (BaaS) ecosystem, all of which can be tested out in the Azure DevTest labs now. Microsoft Azure is an open, flexible and scalable platform supporting an increasing number of distributed ledger technologies. Blockchain as a Service (BaaS)....

Microsoft Adds 5 New Blockchain Partners to Azure

Tech giant Microsoft has added five new services to its Azure blockchain-as-a-service (BaaS) solution, including decentralized prediction market Augur and Ethereum startup Slock.it. Other new additions to its blockchain testbed, announced in October, include custom blockchain development platform Lisk; digital asset platform BitShares; and alternative blockchain Syscoin. BitPay, Eris Industries and Factom are among a number of previously announced partners. In a blog post, Microsoft director of technology strategy Marley Gray sought to position the company’s blockchain offerings as....

Microsoft Brings Blockchain to Azure Testing Environment

Microsoft is now making its Blockchain-as-a-Service (BaaS) offering available to all users of its Azure testing environment. Designed to allow developers to quickly create environments in Azure, DevTest Labs seeks to help companies control costs associated with development work. Other features include reusable templates, so developers don't have to design virtual machine environments from scratch, and artifacts, which tell apps what actions to take once deployed. The add-on already supports 26 blockchains and allows developers to create and test blockchains with lower costs than a....

R3CEV Partners with Microsoft to Boost Banks’ Blockchain Adoption

Microsoft has recently entered into a strategic partnership with R3CEV to offer its Azure cloud-based infrastructure for the development of blockchian solutions. Microsoft has been making the right moves to capture the growing bitcoin and blockchain technology market. The technology giant today announced that it has entered into a partnership with R3CEV, the company behind the development of blockchain technology for the international banking consortium. According to a press release, Microsoft and R3CEV have struck a deal to use the former’s Azure cloud platform for implementing blockchain....