Microsoft Enters The Blockchain Business
1 min read
Microsoft Enters The Blockchain Business
Microsoft Enters The Blockchain Business
Software Giant Microsoft is getting into The Block-Chain Business.
According to reports by Digital Trends, the company is expanding its Azure cloud platform to include Azure block-chain services.
The idea of block-chain is to enhance business and make better relationships in organizations. The goal is to develop trust and create confidence among people.
Block-chain empowers the next step – enabling a single, authentic data set shared across the counter-parties. With block-chain, one gets structured and formatted data parts are thrown in for free.
It creates a multi-party business process that is moving out of emails and spreadsheets and into a single system with a single view that all participants can trust.
Block-chain technology is considered the backbone for cryptocurrencies like Bitcoin, but with an increase in technology, blockchain is ready to cover a larger area.
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