Microsoft Unveils Its Own Blockchain-Based Service

Microsoft has unveiled fully-managed Azure Blockchain Service that would simplify the formation, management, and governance so that businesses can focus on workflow logic and application development.

Instead of supporting cryptocurrency transactions, Azure Blockchain Service will let businesses develop their applications on its Cloud-based platform. Microsoft has also announced a partnership with J.P. Morgan to make “Quorum“,  the first ledger available in Azure Blockchain Service.

Source: Livemint

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