Copy link
Increase text size
Decrease text size
Link copied

Microsoft unveils blockchain token and data management service

Image: Charles Platiau/Reuters

Mon, 09 Dec 2019, 04:37 am UTC

On the heels of the Azure Blockchain Service launched in May, tech behemoth Microsoft has unveiled Azure Blockchain Tokens and blockchain data manager.

Matthew Kerner General Manager at Microsoft Azure, made the announcement in an online post dated Nov. 06.

Azure Blockchain Tokens is a new offering that will make it easy to “define, create, and manage compliant tokens that are built on industry standards.” It provides pre-built templates for common scenarios with plans to support a gallery of templates created by partners going forward.

“With this latest offering, we can now offer customers an end-to-end experience of easily creating and managing tokens for physical or digital assets via Azure Blockchain Tokens (preview), in addition to managing the blockchain network itself via Azure Blockchain Service,” Kerner said.

According to the blog post, streaming platform CEEK Virtual Reality is already using Azure Blockchain Tokens to create a trusted platform for royalty payments. Its token, smart tickets, allows content creators to track content viewership, ensuring royalty payout to creators is based on trusted data.

Blockchain Data Manager

Microsoft said that the preview of this new feature is being rolled out to make Azure Blockchain Service “even better.”

“Blockchain data manager (preview)… captures blockchain ledger data, transforms it (including decoding encrypted event and property state data), and then delivers that data to multiple sources via Azure Event Grid to off-chain databases like Azure Cosmos DB or Azure SQL Database,” Kerner explained.

The feature supports both public and private transaction data and drastically simplifies the process of integrating existing applications with data that sits on a blockchain ledger.

In addition, Microsoft announced that Corda Enterprise is now available as an additional distributed ledger technology within Azure Blockchain Service. Also available is an Azure Marketplace template using Azure Kubernetes Service for customers who prefer Hyperledger Fabric.

Just recently, Microsoft partnered with Enjin to create a blockchain-based incentive scheme for people who are actively participating in fostering Microsoft cloud computing platform Azure.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $8,908.05 (+0.25%)
  • Ethereum (ETH) $174.46 (+2.49%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $345.29 (-3.18%)
  • Bitcoin SV (BSV) $262.92 (-10.58%)
  • Bitcoin (BTC) $8,908.05 (+0.25%)
Jan 17, 2020 (Friday)
13:42
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:42
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:50
Crypto dealer SFOX announces new service for investors and wealth managers
11:10
Binance in talks with TaoTao and Z Corporation for strategic partnerships in Japan
10:09
Crypto Technicals: NEO/USD set to scale new highs, 200-DMA breakout confirms bullish trend
10:08
Crypto exchange Gemini launches own insurance company "Nakamoto"
09:29
eToro, Radar and OKCoin join Coinbase-led Crypto Rating Council
08:55
Huobi joins Blockchain Turkey Platform (BCTR)
08:21
U.S. authorities urged to investigate crypto use in funding domestic terrorism and extremism
07:38
Calibra, Anchorage, Bison Trails executives elected to Libra’s new technical steering committee
07:01
Crypto Technicals: LTC/USD bounces off 5-DMA support, eyes next major hurdle at 200-DMA (65.43)
07:01
U.S. lawmakers seek tax exemption for crypto transactions under $200
06:19
Former CFTC Chair launches Digital Dollar Project in partnership with Accenture
05:56
Crypto Technicals: ETH/USD resumes upside after brief pause, eyes 23.6% Fib at 174.83
04:46
Uzbekistan to launch national mining pool and licensed cryptocurrency exchange
04:27
Crypto Technicals: BTC/USD extends sideways below 200-DMA, bias bullish
04:21
Garanti BBVA conducts real-time blockchain transfers using Takasbank's BiGA Platform
Jan 16, 2020 (Thursday)
13:51
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:51
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
12:21
Litecoin Foundation, BlockFi partner to bring more liquidity to users
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft