Microsoft Azure will allow to create business blockchains with Quorum

By Exe8422 | Criptonoticias | 3 May 2019


 

A new platform that will offer a managed business service for the formation, management and governance of blockchain networks, integrated into the Quorum platform of JP Morgan, was announced this May 2 by the Microsoft Azure cloud computing company.

As explained in the statement published by the company, a preview of this new platform, called Azure Blockchain Services, is currently available. The service is designed for the use of institutional clients, who will be able to create applications based on blockchain technology. In this way, users will have the possibility to implement and manage their own network of block chains, allowing developers to add new members, establish permissions, monitor the status and activity of the network and execute private interactions.

In this regard, it is indicated that based on the strategic partnership between JP Morgan and Microsoft Azure, the Quorum network will focus on taking advantage of a set of open source tools from the Ethereum block chain.

Add the statement that once you set up your network, users should codify the logic of their business through smart contracts. This practice will be possible with the use of an extension for Code VS (Visual Studio Code), an open source editor that facilitates the creation and compilation of Ethereum's intelligent contracts. The next step will be to develop an application so that participants in the consortium network can share the business logic and the data represented by the contracts.

The service will be offered to Quorum customers, such as Starbucks, Louis Vuitton and Xbox Finance. Microsoft Azure points out that in the coming months more capabilities will be added, including token management, application integration and support for R3 Enterprise Corda.

This Microsoft proposal is similar to the new blockchains service or managed block chains of Amazon Web Services (AWS), which is already available in a platform created by Amazon, based on Hyperledger and Ethereum.

Imagen destacada por AndSus / stock.adobe.com

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Exe8422
Exe8422

Digital blog that covers information about Bitcoin technology, currently known as Blockchain or Distributed Accounting Technology


Criptonoticias
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