• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Blockchain

Microsoft Retires Azure Blockchain – InfoQ.com – InfoQ.com

Admin by Admin
June 1, 2021
in Blockchain
0
Microsoft Retires Azure Blockchain – InfoQ.com – InfoQ.com
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Microsoft recently announced that Azure Blockchain will be retired on September 10, 2021. Microsoft credited industry changes and declined interest in the product as the main reasons for discontinuing the marketing of Azure Blockchain. Microsoft partners with ConsenSys to offer a migration path for existing customers. ConsenSys’s Quorum Blockchain Service claims to be fully compatible with the Azure Blockchain service.

Microsoft explained its decision in the following terms:

Related articles

Paxos integrates State Street custody in blockchain stock settlement pilot – Ledger Insights

Paxos integrates State Street custody in blockchain stock settlement pilot – Ledger Insights

May 17, 2022
Games Industry Dealmaking In Q1 Sets More Records With Blockchain Help – Forbes

Games Industry Dealmaking In Q1 Sets More Records With Blockchain Help – Forbes

May 17, 2022

Based on recent changes in the blockchain industry and the growing business needs of our customers, we are collaborating with ConsenSys, one of our blockchain technology providers, to offer a managed offering of their blockchain ledgers on Azure. As a result of this, combined with lowered interest in our existing offering, we are retiring Azure Blockchain Service on 10 September 2021.

Existing users will have to migrate ledger data to an alternative offering. In its migration guide, Microsoft recommends that users who already developed a blockchain solution migrate to the Quorum Blockchain Service for a managed offering, or opt to manage their blockchain stack themselves using Infrastructure as a Service (IaaS) VMs. To users who were still in the evaluation phase, or in the early stages of developing a blockchain solution with Azure Blockchain, Microsoft recommends evaluating either Quorum or Besu templates, both of which are available in the Azure Market Place.

Azure Blockchain Service is a fully managed ledger service that strives to provide users with the ability to scale and operate blockchain networks on the Azure infrastructure. Azure Blockchain Service featured built-in consortium management with governance controls backed by pre-defined smart contracts. Microsoft listed GE Aviation, J.P. Morgan, Singapore Airlines, Starbucks, and Xbox as customers.

The strategy+business magazine explained how using blockchain technologies may reduce costs in the aviation industry by securing the sharing of data about aircraft history, maintenance, and operations:

Blockchain offers the capacity to create a “digital birth certificate” for every part and update it each time the part moves through the supply chain or is installed on a plane. The part’s status also gets updated every time the plane is serviced or inspected by a technician. […] These digital records […] provide a real-time snapshot of its condition from the moment it exits the assembly line to the day decades later when it is returned to its lessor or retired from service. And by ensuring that participants have access only to the information they’re entitled to, blockchain could simultaneously improve participants’ visibility into their own businesses while safeguarding their data from competitors.

Blockchain consortia let individual companies cooperate with other companies — including competitors — on common concerns in ways that benefit the whole group. The blockchain technology strives to provide tamper-proof records of transactions. Transaction data cannot be lost or corrupted as all blockchain participants own a copy of the full transaction history. Blockchain technologies can thus create trust between possibly competing actors by providing secure ways to share data between members.

Microsoft’s migration guide is available online and contains additional information on how to delete resources, download, and export data from Azure Blockchain Service.

Share76Tweet47

Related Posts

Paxos integrates State Street custody in blockchain stock settlement pilot – Ledger Insights

Paxos integrates State Street custody in blockchain stock settlement pilot – Ledger Insights

by Admin
May 17, 2022
0

Today Paxos announced that State Street integrated its custody offering for a pilot with the Paxos Settlement Service. This uses a permissioned blockchain with...

Games Industry Dealmaking In Q1 Sets More Records With Blockchain Help – Forbes

Games Industry Dealmaking In Q1 Sets More Records With Blockchain Help – Forbes

by Admin
May 17, 2022
0

getty Even amid a softening economy, dealmaking in the videogame sector has continued at a breathless pace, setting another record...

EY simplifies public blockchain transactions with API launch – Ledger Insights

EY simplifies public blockchain transactions with API launch – Ledger Insights

by Admin
May 17, 2022
0

Today consultants EY announced two extensions to its blockchain offerings. Its EY OpsChain now has an API that enables businesses to perform...

Jump-Backed Wormhole Bridge Expands to Algorand Blockchain – CoinDesk

Jump-Backed Wormhole Bridge Expands to Algorand Blockchain – CoinDesk

by Admin
May 17, 2022
0

The Algorand partnership marks Wormhole’s 10th integration with a layer 1 blockchain, as developers focus on interoperability solutions. Popular layer...

7. Blockchain.com – CNBC

7. Blockchain.com – CNBC

by Admin
May 17, 2022
0

Founders: Peter Smith (CEO), Nic Cary, Ben ReevesLaunched: 2011Headquarters: Remote-firstFunding: N/AValuation: $14 billionKey technologies: Blockchain, decentralized finance (DeFi)Industry: FintechPrevious appearances on Disruptor...

Load More
  • Trending
  • Comments
  • Latest

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022
DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

April 15, 2021
Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania – Business Wire

Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania – Business Wire

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0
Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania – Business Wire

Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania – Business Wire

May 18, 2022
Bitcoin Hovers Above $30K Support Amid Asian Markets Gain – CoinDesk

Bitcoin Hovers Above $30K Support Amid Asian Markets Gain – CoinDesk

May 18, 2022
Why Litecoin price is ready for a quick 30% recovery bounce – FXStreet

Why Litecoin price is ready for a quick 30% recovery bounce – FXStreet

May 18, 2022
Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report – Cointelegraph

Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report – Cointelegraph

May 18, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack