Microsoft teams up with JPMorgan to launch a fully managed Azure Blockchain Service

Must Read

Jharkhand polls for 81 constituencies from November 30 to December 20; counting on 23rd December

Addressing a press meeting today, Chief Election Commissioner Sunil Arora has announced the poll dates for Jharkhand Legislative assembly....

Congress forms six-member committee of AICC to review situation of NRC in Assam

In a bid to review the condition of Assam state after the implementation of the NRC exercise, Congress party...

Shiv Sena elects Eknath Shinde as party’s legislative leader; Sunil Prabhu appointed as chief whip of party

In a striking breakthrough, Shiv Sena elected senior minister Eknath Shinde as the party's legislative leader today. It has...
Saurabh Joshi
Hey Guys!!! I am a regular Content Writer here and I bring to you the latest and the hottest Tech related news and blogs. I hope you enjoy reading my content and are learning something new everyday. Thanks and have a nice day!!!

Today, ahead of its Build developer conference, Microsoft is finally taking a step forward to bring blockchain technology to its Azure cloud computing platform by launching Azure Blockchain Services, a fully managed service that allows for the formation, management and governance of consortium blockchain networks. This is an enterprise service that is meant to help businesses build applications on top of blockchain technology and is integrated with Azure Active Directory which offers tools for adding new members, setting permissions and monitoring network health and activity.

Microsoft said, “With a few simple clicks, users can create and deploy a permissioned blockchain network and manage consortium policies using an intuitive interface in the Azure Portal.”

Microsoft will be promoting JPMorgan Chase’s Quorum blockchain to the global tech giant’s business customers.

“Microsoft’s Azure will power the platform, named Quorum, which will allow enterprises to build new blockchain applications in as little as a few weeks without needing as much expertise”, said Umar Farooq, JPMorgan’s head of blockchain initiatives.

“Because it’s built on the popular Ethereum protocol, which has the world’s largest blockchain developer community, Quorum is a natural choice,” Azure CTO Mark Russinovich writes in today’s announcement. “It integrates with a rich set of open-source tools while also supporting confidential transactions—something our enterprise customers require.” To launch this integration, Microsoft has partnered with J.P. Morgan.

Through the Microsoft Azure partnership, technology teams will now get access to tools to write and test blockchain code. The managed service is only one part of this package, though. Microsoft today also launched an extension to Visual Studio Code to help developers create smart contracts. The extension allows Visual Studio Code users to create and compiled Etherium smart contracts and deploy them other on the public chain or on a consortium network in Azure Blockchain Service. The code is then managed by Azure DevOps. By easing the process for companies, the bank expects more use of blockchain. Without the Azure cloud, blockchain projects require a higher degree of involvement from IT teams and many blockchain experts.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Congress names 6 more candidates for K’taka bypolls (Lead)

Bengaluru, Nov 17 (IANS) The opposition Congress on Saturday named six more candidates for contesting the 15 Assembly by-elections...

Congress fields Gourav Vallabh against Jharkhand CM Raghubar Das

New Delhi, Nov 16 (IANS) The Congress on Saturday fielded party spokesperson Gourav Vallabh against Jharkhand Chief Minister Raghubar Das from Jamshedpur East in...

Congress names 6 candidates for Karnataka by-polls

New Delhi, Nov 16 (IANS) A day after the BJP fielded 13 out of the 17 defectors of the Congress and the Janata Dal-Secular...

BJP fooling residents of unauthorised colonies: AAP

New Delhi, Nov 16 (IANS) Accusing the BJP of fooling the people of unauthorised colonies in the national capital, Delhi's ruling Aam Aadmi Party...

Centre trying to hide economic slump by data manipulation: Congress

New Delhi, Nov 16 (IANS) The Delhi Congress on Saturday started a 'Halla Bol' rally to protest against the BJP-led government at the Centre,...
- Advertisement -

More Articles Like This