Microsoft is not new to the blockchain. In fact, it was the first company to introduce blockchain to cloud services with Microsoft Azure in 2015. But now it is ready to take the next big step by connecting more of its services – including major services like Office 365 Outlook, Salesforce, SharePoint Online, Dynamics 365 CRM Online, Twitter, and SAP – to the blockchain.
How Will it Work?
According to reports, the company plans to allow users to move their data from these platforms to the cloud from where it can be transferred onto a blockchain.
While the company is yet to release an official statement on the same, rumors were somehow confirmed by Microsoft Azure’ GM, Matt Kerner.
But Why is Microsoft Taking This Step?
It’s due to the benefits offered by blockchain. Putting Microsoft Azure on the blockchain network has allowed the company to realize how secure and fast blockchain can be.
According to the company, blockchain makes it possible to collect and manage data at a large scale without the risk of loss. Hence, Microsoft has decided to integrate some of its tools into its newly launched service, Azure Blockchain Workbench.
The service was introduced to make it easy to create blockchain apps. According to Kerner, it is “all a part of the evolution of Big Data.”
He further explained:
“Blockchain empowers the next step – enabling a single, authentic data set shared across counterparties. This is already improving the way transactions happen. We believe the same will be true with data analytics.”
Data is Valuable and Microsoft Understands It
Information is a vital resource for companies. It can be used to analyze trends, come up with solid marketing strategies, and even create new programs.
Blockchain makes it easier to analyze data as it provides users with formatted and structured data. This removes the need to format and structure it manually.
Kerner is hopeful that other companies will also soon benefit from the service.
Related post:
Bakkt – Starbucks, Microsoft, and Intercontinental Exchange (ICE) Blockchain Partnership
I’d personally also like to convey that most individuals that find themselves without the need of health insurance usually are students, self-employed and people who are not working. More than half in the uninsured are really under the age of Thirty five. They do not experience they are in need of health insurance because they’re young as well as healthy. Their income is normally spent on houses, food, and entertainment. A lot of people that do go to work either complete or as a hobby are not presented insurance by means of their jobs so they head out without because of the rising valuation on health insurance in america. Thanks for the ideas you share through this site.
After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.
Thanks for your tips about this blog. A single thing I would like to say is always that purchasing consumer electronics items in the Internet is not something new. In reality, in the past decades alone, the marketplace for online gadgets has grown substantially. Today, you’ll find practically any kind of electronic system and devices on the Internet, from cameras and camcorders to computer parts and video games consoles.
order minocin online cheap terazosin over the counter order actos 15mg sale
buy sildenafil 100mg sildenafil 50mg pills for men sildalis pill
I have noticed that of all sorts of insurance, medical care insurance is the most dubious because of the clash between the insurance policy company’s duty to remain making money and the consumer’s need to have insurance policy. Insurance companies’ revenue on health plans are low, therefore some providers struggle to profit. Thanks for the thoughts you talk about through this web site.
arava pills azulfidine canada buy azulfidine 500mg
One thing is that often one of the most popular incentives for using your cards is a cash-back or maybe rebate offer. Generally, you’ll receive 1-5 back in various expenditures. Depending on the credit cards, you may get 1 back again on most expenditures, and 5 again on purchases made using convenience stores, gas stations, grocery stores as well as ‘member merchants’.
Some really nice and utilitarian info on this web site, besides I conceive the pattern contains superb features.
I like the helpful info you provide in your articles. I will bookmark your blog and check again here regularly. I’m quite certain I’ll learn many new stuff right here! Best of luck for the next!