Microsoft to Launch Ethereum on Azure

New solution is based on the Proof-of-Authority (PoA) consensus algorithm
09 August 2018   1391

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.

Microsoft to Launch Azure Blockchain Tokens Platform

The platform is targeted at the enterprise-level customers, which are offered a set of token templates with the necessary properties
05 November 2019   171

Microsoft has launched the Azure Blockchain Tokens platform, designed to simplify enterprises deploying and managing tokens for various tasks.

Corporate customers are offered a set of token templates with the necessary properties, explained CoinDesk Microsoft Chief Architect Marley Gray.

The templates were created by members of the Token Taxonomy Initiative (TTI), previously launched by Microsoft in conjunction with the Enterprise Ethereum Alliance (EEA). Other TTI members include IBM and Intel, Hyperledger and R3 consortia, Digital Asset Holdings, and ConsenSys, a blockchain startup.

The EEA clarified that the templates on the platform are not yet commercial products, but their specifications can already be downloaded.