Over 500 people attended a panel discussion to hear Microsoft officials discuss blockchain’s potential for industry disruption.
Leading the Blockchain Industry
On July 12, Microsoft organized a panel discussion to explain its ambitions for blockchain technology. Two leading Microsoft officials, Yorke Rhodes, global strategist for blockchain, and Craig Hajduk, a principal manager for blockchain engineering, discussed how Microsoft is aiming to be the leading provider of blockchain enterprise services.
Over the past two years, the famous software company has increased its blockchain efforts by partnering up with prominent blockchain projects like Ethereum, R3, AntShares etc. Microsoft even provides its own blockchain service through the Azure cloud.
Azure’s Blockchain as a Service (BaaS) is Microsoft’s blockchain enterprise solution. The service is based on the Ethereum blockchain and uses the Solidity language to enable customers to test or deploy blockchain applications. Microsoft is planning to accelerate the adoption of Azure BaaS by partnering with financial institutions and insurance companies.
http://bitcoinist.com/microsofts-reveals-ambitious-blockchain-strategy/