Microsoft is doubling down on blockchain

Microsoft last year announced Azure Blockchain Workbench. Later it released Azure Blockchain Development Kit, which extended the capabilities of Azure Blockchain Workbench. Microsoft is now doubling down on blockchain with the announcement of Azure Blockchain Service which simplifies the formation, management and governance of consortium blockchain networks.

Instead of wasting resources in developing the build blocks of blockchain, this new service will allow enterprises to focus on workflow logic and app development. Azure Blockchain Service deploys a fully managed consortium network and offers built-in governance for common management tasks, such as adding new members, setting permissions and authenticating user applications. J.P. Morgan’s Ethereum platform, Quorum will be the first ledger available in Azure Blockchain Service.