Categories: BlockchainBusinessInnovationNews

Microsoft Advocates Integration With Azure Dev Kit

Microsoft has upped the tempo on the exploration and deployment of blockchain technology. The software giant has since confirmed the release of a new serverless blockchain-development kit. Azure Blockchain Development Kit is the new kit that seeks to improve the company’ blockchain workbench.

Azure Blockchain Development

Built on top of Microsoft serverless technology, the kit is to enhance seamless integration of blockchain technology with Microsoft and third-party SaaS. According to Microsoft, the new kit will enhance the blockchain developer’s template. It should also enhance the Azure Blockchain Workbench that includes services for key management.

The development kit should make it easy for individuals and organizations to connect to blockchain via various interfaces. The development kit also comes with SMS and voice interfaces as well as the Internet of Things integration. Moreover, the kit will support mobile clients, bots and virtual assistants.

The release of Azure Blockchain Development Kit seeks to address three key themes. First, it should enhance the connection of interfaces. Microsoft expects it to play a pivotal role in the integration of data and systems. It should also help developers in the deployment of smart contracts and blockchain networks.

Similarly, when it comes to smart contract interaction, the tech giant included Workbench integration scenarios. Of course, the company has unveiled a whitepaper that tries to explain how to use the development kit.

Microsoft Blockchain Focus

Microsoft has once again reiterated its commitment to delivering end-to-end blockchain solutions. Likewise, it plans to make it easy for developers and common users to connect to blockchain from heterogeneous interfaces.

Businesses are using blockchain and smart contracts to facilitate multi-party processes. Blockchain also delivers real-time transparency of the states and events of those contracts to appropriate participants,” Microsoft clarified in a statement.

The introduction of the Azure Blockchain Development Kit comes two months after Microsoft unveiled a proof of authority algorithm for its Ethereum blockchain product. The product provides an easy way of building decentralized applications for private consortiums networks.

Similarly, Microsoft has confirmed plans for a new set of Logic App and Flow Connectors. The new connectors will enhance the connection to ledgers like Ethereum, Corda, and Bitcoin. The primary goal is to make it easy for people to deploy the decentralized apps quickly, securely, and easily.

The recent wave of development has led to the deployment of Azure technology in commercial areas such as Nasdaq’s Financial Framework. The integration seeks to facilitate easier buyer and seller matching as well as management delivery.

Risk Disclosure

This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Join our Telegram Group To Stay Up To Date With Crypto News

 

Ruchi Gupta

Ruchi Gupta works as a freelancer covering various beats from finance to technology and from lifestyle to hobbies. She has an MBA in Finance. Ruchi enjoys writing on celebrities and political news. She likes traveling and exploring places.

Share
Published by
Ruchi Gupta
Tags: AzureBlockchaincryptocurrencydevelopment kitintegrationMicrosoftSaaSserverlessWorkbench

Recent Posts

  • Altсoins
  • Bitcoin
  • Exchange
  • News

Top Running Cryptocurrencies January 4th, 2019

One of the top performing cryptocurrencies of the day is REPO. REPO (REPO) is currently up 72.75% compared to USD…

5 years ago
  • Blockchain
  • Business
  • News

Gaming Giant Atari Plans to Bring Its Popular Games on Blockchain Platform

As the world is moving towards Blockchain, gaming giant Atari too wants to dip its toe into the emerging technology.…

5 years ago
  • Altсoins
  • Blockchain
  • Business
  • Exchange

Overstock’s tZERO Working on a Crypto Token to Trade Cobalt

Private equity firm GSR Capital has hired tZERO, an Overstock.com subsidiary, to develop digital token for trading cobalt. Overstock said…

5 years ago
  • Blockchain
  • News
  • Regulation

UAE Banks’ Advisory Council Consider Blockchain Adoption

On Monday, December 17th, Gulf News reported that the advisory council of the United Arab Emirates Banks Federation (UBF) can adopt blockchain use…

5 years ago
  • Ban
  • Business
  • Controversy
  • News
  • Regulation

French Financial Regulator Blacklists Four Crypto Websites

France's financial regulatory watchdog - Financial Market Regulator (AMF) is working aggressively to bring down unauthorized crypto companies. The AMF…

5 years ago
  • Altсoins
  • News

Digix Stablecoin (DGX) Comes With the Backing of Gold

There's a flood of new stablecoins hitting the cryptocurrency space in the last few months. A stablecoin is basically a…

5 years ago