Microsoft to Launch Blockchain Partnership in Taiwan

Microsoft Taiwan, Digital China and Hot Cool plan to use blockchain to improve the financial, e-commerce, entertainment, and other industries
04 July 2018   231

A subsidiary of the technological giant Microsoft Taiwan announced a blockchain cooperation with Chinese companies Digital China and Hot Cool. This is reported by CCN.

The Alliance will implement the technology of the distributed registry in the areas of finance, e-commerce and entertainment.

Taiwan has first-class engineering and technical talents, and their innovative thinking cannot be underestimated. At the same time, it carries a solid manufacturing and R&D foundation, plus Excellent geographical location, with the superior conditions for the development of blockchain application, I believe that Microsoft’s tooling in the strategic layout of the blockchain, and citing the global partner resources, is bound to be the vision of the industrial application of the blockchain.

Sun Jikang

General manager, Microsoft Taiwan

The companies plan to create new solutions in the cloud services of Microsoft Azure Blockchain Workbench and MPS from Hot Cool. According to the general manager of Microsoft Taiwan Sun Jikang, these platforms will improve the computing power and security of the blockchain products that Digital China will supply.

CEO Digital China Sana Yutao believes that the Azure Blockchain Workbench service will reduce the time to create a blockchain-infrastructure in China.

As part of the cooperation, Hot Cool will act as an intermediary between state and corporate cloud providers.

Microsoft to Launch Ethereum on Azure

New solution is based on the Proof-of-Authority (PoA) consensus algorithm
09 August 2018   132

Developers of the cloud platform Microsoft Azure announced the launch product Ethereum on Azure, which is based on the "blockchain-as-a-service" model. It is noteworthy that the new solution is based on the Proof-of-Authority (PoA) consensus algorithm.

PoA is based on the principle of approved validators and does not require mining.

The new product is equipped with a built-in decentralized application called Governance DApp, which provides members of the consortium with the authority to manage the network and delegate their voting rights to others. Due to this, network members can pass to other nodes voting from their person, if its main nodes are not on the network.

At the same time, administrators have the right to change the validators of the network by voting.

Also, thanks to the Parity WebAssembly client, developers will be able to write smart contracts in convenient programming languages such as C, C ++ and Rust.