Blockchain Project Thinks Microsoft Azure License Agreement Goes Too Far
The blockchain project New Economic Movement (NEM) has big goals; namely, re-creating the economic system without the predominance of traditional power brokers. As the project’s website states: “NEM is a movement which aims to create a new economy based on the principles of decentralization, financial freedom, and equality of opportunity.” The project’s “Proof-of-Importance” model as an alternative to Proof-of-Work and Proof-of-Stake represents its central innovation. Proof-of-Importance calculates how much users transact, and with how many other participants, so as to place a value on the....
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Nuspay, the California-based fintech company offering tokenized global digital and cryptocurrency payment network has announced that it will be opting for Microsoft’s Azure cloud services for its Next Generation Digital Currency Platform. According to Nuspay, the company has zeroed in on Microsoft’s Azure services for its ability to ensure reliability, scalability, security and stability in its cloud computing services. The announcement, however, doesn’t come as a surprise for Microsoft Azure, as the service has already gained maximum adoption in digital currency sector. Just recently, a....
If Microsoft Azure's CTO is right, R3CEV may have just been the beginning. Mark Russinovich envisions a world where every industry is involved in a blockchain consortium. In fact, since the network effect of a blockchain is only amplified by the number of participants, he thinks this future will prove inevitable as companies seek efficiency in numbers. And there's evidence so far to suggest that Russinovich is right. Since blockchain industry groups first began to pop up last year with the formation of financial consortium R3CEV, the rate those efforts being announced has only increased.....
Quite a few blockchain services have been added to the Microsoft Azure blockchain cloud-based project. Just recently, the program has enlisted some new memberships to the system such as BitPay, Manifold Technology, LibraTax, and Emercoin. These new partnerships have signed up for the Blockchain-as-a-Service platform (BaaS) and will work with Microsoft....
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 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....