Blockchain

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Microsoft and ConsenSys are partnering to offer Ethereum Blockchain as a Service EBaaS on Microsoft Azure so Enterprise clients and developers can have a single click cloud based blockchain developer environment. The initial offering contains two azure blockchain as service that allow for rapid development of SmartContract based applications: Camp - An integrated developer environment, and BlockApps - a private, semi-private Ethereum blockchain environment, can deploy into the public Ethereum environment.

The Enterprise Partner Group at Microsoft is on the front lines azure blockchain as service some of our largest customers. Everyone, particularly Financial Services, is interested in Blockchain technology. While a platform like Bitcoin has many great uses specifically as a Cryptocurrency, Ethereum provides the flexibility and extensibility many of our customers were looking for.

With the Frontier Release last summer, Ethereum is real and has a vibrant community of developers, enthusiasts azure blockchain as service businesses participating.

In Financial Services particularly, Blockchain is a major disruptor to some of their core businesses, and FinTech companies are driving innovation in this space. Check out our templates and search for Ethereum. Bitcoin and Ethereum are very closely related. Both are founded on the same five underlying classes of technology:. A virtual machine that enables decentralized applications in Ethereum and programmable money in Bitcoin.

Ethereum Blockchain as a Service now on Azure. It is an exciting time. Both are founded on the same five underlying classes of technology: A data structure called the Blockchain which serves as the back-end database. Each transaction processor on the system maintains their own local copy of this database and the consensus formation algorithms enable every copy to stay in sync. A peer-to-peer network for discovery and communications. This turns the traditional azure blockchain as service architecture into one in which all nodes are both clients and servers, decentralizing the system and removing single points of control or vulnerability.

A consensus formation algorithm. In Bitcoin, all transaction processors miners come to consensus about azure blockchain as service happened and when with respect to transmission and storage of the Bitcoin value token.

This happens approximately every 10 minutes. This requires a slim majority of honest processors. In Ethereum, all transaction processors miners come to consensus about what happened and when with respect to transmission and storage of the ether value token as well as coming to an agreement about all of the processing that is done in all of the shared programs on the Ethereum World Computer.

This azure blockchain as service approximately every 15 seconds. Where can I learn more?

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Blockchain is a transparent and verifiable system which will change the way people think about exchanging value and assets, enforcing contracts, and sharing data. The technology is a shared, secure ledger of transactions distributed among a network of computers, rather than resting with a single provider.

Businesses are using blockchain as a common data layer to enable a new class of applications. Now, business processes and data can be shared across multiple organizations, which eliminates waste, reduces the risk of fraud, and creates new revenue streams.

Explore how blockchain is being applied across the banking, capital markets, and insurance industries. See how blockchain helps financial services institutions eliminate intermediaries, collaborate more efficiently, and create disruptive new business models.

Read about how blockchain helps resolve disputes quickly and transparently. Discover how blockchain adds visibility to the corporate supply chain by keeping a single, real-time view which is consistent for everyone.

Cut development time and experiment easily with modular, preconfigured networks and infrastructure. Iterate and validate blockchain scenarios quickly by using built-in connections to Azure and tools you are already familiar with.

Keep your data secure and scale when you need to—on an open, trusted, globally available cloud platform. Webjet uses Azure to power Rezchain, a payment reconciliation service for the online travel market. The Monetary Authority of Singapore and the Association of Banks in Singapore use blockchain on Azure for the clearing and settlement of payments and securities.

Use the Corda distributed ledger platform to deploy a multi-participant, multi-node network, plus a network map, notaries, and peers. Deploy a variety of Ethereum network topologies in minutes. Manage nodes with cross-region deployments, VM scale sets, and monitoring. Get a Hyperledger Fabric network up and running in minutes, and deploy services for membership, ordering, and validating peers.

Global team of experts help enterprises rationalise investments and build effective strategies around blockchain use cases. Advisory and implementation services help enterprises build, test, and deploy blockchain solutions. We see strong customer interest in the Blockchain solutions that are available on the Azure Marketplace. Blockchain is increasingly prevalent as a topic of interest in our conversations with business leaders.

Power your digital transformation, collect untapped data and find new insights by connecting your devices, assets and sensors. Blockchain Develop, test, and deploy secure blockchain apps Get started with Azure Blockchain Workbench. What is a blockchain? Find out how blockchain is transforming the financial services industry Explore how blockchain is being applied across the banking, capital markets, and insurance industries.

Discover how blockchain can create smarter, more efficient supply chains Read about how blockchain helps resolve disputes quickly and transparently. Simplify development Cut development time and experiment easily with modular, preconfigured networks and infrastructure.

Get up and running quickly Iterate and validate blockchain scenarios quickly by using built-in connections to Azure and tools you are already familiar with. Innovate with confidence Keep your data secure and scale when you need to—on an open, trusted, globally available cloud platform.

Build with the ledger which suits your use case Go to the Azure Marketplace. Corda Use the Corda distributed ledger platform to deploy a multi-participant, multi-node network, plus a network map, notaries, and peers. Ethereum Deploy a variety of Ethereum network topologies in minutes. Hyperledger Fabric Get a Hyperledger Fabric network up and running in minutes, and deploy services for membership, ordering, and validating peers.

Build your own blockchain applications with help from our trusted partners Find a solutions partner. Accenture Global team of experts help enterprises rationalise investments and build effective strategies around blockchain use cases. Consensys Advisory and implementation services help enterprises build, test, and deploy blockchain solutions.

Improved multi-member blockchain networks now available on Azure We see strong customer interest in the Blockchain solutions that are available on the Azure Marketplace. Kashif Ali Director, Business Development. Internet of Things Power your digital transformation, collect untapped data and find new insights by connecting your devices, assets and sensors.

Big data and analytics Make the most informed decision possible by analysing all of the data you need in real time. Serverless computing Build apps faster, focusing on innovation instead of infrastructure management.