Microsoft Has Significant Plans for Blockchain as a Service -

Microsoft Has Significant Plans for Blockchain as a Service –

Microsoft Has Significant Plans for Blockchain as a Service –

Microsoft has ratcheted up its effort over the past year to build out a framework based on blockchain and to participate in helping build a standards-based ecosystem. Many experts believe blockchain will transform how payments and transactions are made and it's poised to create a trusted, self-sovereign, user-managed identity framework.

Blockchain, the distributed ledger technology enabled by smart contracts that underlies bitcoin cryptocurrency transactions, has existed for a while. But over the past year, it has advanced to the point where every major supplier of IT is building blockchain-based tools and scores of major banks and financial services firms that participate in trading networks are involved in pilots. Microsoft started talking about its potential late last year and has made aggressive moves ever since, which is why it is the cover story for the July issue of Redmondmagazine.

It appears blockchain is becoming more strategic to Microsoft. Marley Gray, who headed Microsoft's financial services vertical industry segment as director of technology strategy for Microsoft's financial services vertical, is now the company's blockchain business development and strategy lead.

Read Also:
Data Could Be the Next Tech Hot Button for Regulators

In its latest bid to extend its blockchain ambitions, Microsoft revealed Project Bletchley, which Gray described last week in a blog post as Microsoft's "vision for an open, modular blockchain fabric powered by Azure and highlights new elements we believe are key in enterprise blockchain architecture.

 



Data Innovation Summit 2017

30
Mar
2017
Data Innovation Summit 2017

30% off with code 7wData

Read Also:
Why Flash Alone Won’t Close the App-Data Gap

Big Data Innovation Summit London

30
Mar
2017
Big Data Innovation Summit London

$200 off with code DATA200

Read Also:
Artificial intelligence has a big year ahead, well beyond tech

Enterprise Data World 2017

2
Apr
2017
Enterprise Data World 2017

$200 off with code 7WDATA

Read Also:
Data Could Be the Next Tech Hot Button for Regulators

Data Visualisation Summit San Francisco

19
Apr
2017
Data Visualisation Summit San Francisco

$200 off with code DATA200

Read Also:
Reduce TCO with Smart, Simple Solutions for Healthcare Data Management

Chief Analytics Officer Europe

25
Apr
2017
Chief Analytics Officer Europe

15% off with code 7WDCAO17

Read Also:
Microsoft links Power BI to Alteryx for deeper analytics
Read Also:
12 Ways To Cultivate A Data-Savvy Workforce

Leave a Reply

Your email address will not be published. Required fields are marked *