From Microsoft to Nasdaq: Blockchain Is Gaining Unprecedented Traction
Leading global companies, from IBM, Intel and Microsoft to Nasdaq and DNB, are adopting new plans to benefit from the blockchain technology through streamlining their processes. They are seeking to upgrade the common state of their business and gain an edge against rivals. It starts with Hyperledger, the open source project that was established in December by the Linux Foundation. It now has over forty companies signed on to use it including Accenture, JPMorgan, Fujitsu and VMWare. Hyperledger has the backing of global innovation company, IBM, which believes that blockchain is a....
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Microsoft (NASDAQ:MSFT) unveiled today Project Bletchley, an initiative to increase and bring new Blockchain as a Service (BaaS) solutions. The company will provide Azure Infrastructure to Consortium blockchains. Microsoft (NASDAQ:MSFT) continues to deliver key innovations and solutions for businesses and developers alike. The company claims it has been working side-by-side with businesses and partners to build and deliver blockchain technology to enterprises, governments, and the general population. The company introduced Blockchain as a Service (BaaS) in November of last year. Powered by....
"This isn't about PR for Nasdaq." So explains Adam Ludwin, founder and CEO of Chain, the blockchain technology startup that has been in dialogue with American stock exchange and trading technology specialist Nasdaq for the past year. Yesterday's announcement that Nasdaq would be testing the blockchain for its pre-IPO exchange Nasdaq Private Market with Chain, Ludwin said, was simply the first joint announcement between two companies that have developed a close working relationship. But, while other tech companies like Microsoft and Dell have made big entrances into the industry only to....
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 also Exploring Blockchain Technology for the IoT "World of Distributed, Connected Devices"
Since starting to accept Bitcoin earlier this month, Microsoft has not started offering Bitcoin acceptance globally, or for all of its products. Currently, users that wish to load their Microsoft accounts with Bitcoin are limited to $1,000 a day and $5,000 maximum. Microsoft seems to be waiting for further clarification on Bitcoin regulation before moving forward with their Bitcoin plans. Like many other companies, Microsoft is willing to try Bitcoin acceptance, which has clearly defined tax treatments, but is reluctant to do anything else thus far. BitPay Chairman Tony Gallippi has....
Overstock has confirmed that Nasdaq is not using its tØ blockchain platform to clear trades. Rumours suggesting that Nasdaq - which unveiled its own blockchain-based platform last week - was using the online retailer's blockchain platform to settle trades first surfaced on Reddit earlier today. However, a representative from Overstock told CoinDesk: "That thread is completely mistaken. NASDAQ is doing something similar to, but not using our platform." First announced in May, Nasdaq Linq will facilitate the transfers and sale of stock in private companies. The product is currently being....