Report: Microsoft Among Tech Companies Creating an Ethereum Blockchain Alliance
Technology giant Microsoft is reportedly among several other industry firms alongside banks and financial institutions coming together to form a new blockchain working group called the ‘Enterprise Ethereum Alliance’. The coalition of tech firms and banks aim to accelerate the adoption of Ethereum’s public blockchain technology in corporations and enterprises, according to a Bloomberg report. Flocking to Ethereum. With companies like Microsoft pushing toward development and service offerings, Ethereum, as a smart contracts-based public blockchain is seeing a number of adopters in the....
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Developed by tech giants Microsoft, Alibaba, and Carnegie Mellon University on top of the Ethereum public blockchain, Project Argus is set to reduce internet piracy. The partners recently released a report on the project, its objectives, and potential applications. As the paper describes, companies, such as Microsoft, Apple, and others, spend a lot of time […]
China has decided to start its own distributed ledger alliance, calling it ChinaLedger, the resulting blockchain platform will be used by the Chinese fintech sector. The giant has finally woken up; China has entered the blockchain race. Apart from the banking consortium and the Hyperledger project that have respectively brought the banking sector and tech companies together, we now have one more blockchain alliance, originating from China. China is already playing an important role in the global economy, bitcoin mining, and even the global power balance. Now, with the blockchain alliance,....
Recently Bitcoin Magazine reported that Microsoft has partnered with Consensys, a blockchain startup focused on Ethereum technology. Through the partnership, customers of Azure, Microsoft's cloud-based enterprise computing service, will be able to easily build cloud-based blockchain applications, from securities trading to cross-border payments to corporate accounting, and offer them to their own customers. As anticipated, more details of the partnership and Microsoft's plans for cloud-based blockchain services were unveiled at Ethereum's Developer Conference, DEVCON on November 10 in....
Tech giant Microsoft and military-focused banking and insurance firm USAA are among the newest members of the Chamber of Digital Commerce, a policy advocacy group focused on blockchain technology. Founded in mid-2014, the non-profit lobbying group has spent the time since pushing for fair regulation and oversight in Washington, DC for companies working on bitcoin or blockchain applications. The group is led by Perianne Boring, a former Forbes columnist and Capitol Hill staffer. More recently, the Chamber was one of the founding organizations behind the Blockchain Alliance, a public-private....
ConsenSys has added a new decentralized application (Dapp) to its Ethereum blockchain-as-a-service toolkit available on Microsoft's cloud computing platform Azure. Called the Ethereum Total Return Swap (eTRS), the application aims to serve as both a functional and an example use case that will allow internal tech teams at Microsoft Azure clients to better understand and utilize the toolkit, first announced in October. Marley Gray, Microsoft's director of technology strategy for financial services explained that the offering part of the tech giant's ongoing partnership with ConsenSys,....