- Microsoft Azure has announced the release of blockchain app creation service.
- The platform will enable firms to expedite the development process of bespoke blockchain applications by automating infrastructure setup.
Microsoft Inc.: On Monday 7th May, Microsoft Azure – the cloud computing platform for Microsoft, has officially announced the release of its blockchain application creation service, Azure Blockchain Workbench.
Microsoft, in a press release, underlined blockchain as a “key topic of interest” as it also commences its annual Microsoft Build conference this week. Azure Blockchain Workbench will enable firms who seek to create bespoke blockchain applications to expedite their development process by automating infrastructure setup.
According to Matthew Kerner, general manager for Microsoft Azure, this means that “developers can focus on application logic, and business owners can focus on defining and validating their use cases.”
Microsoft’s optimism toward blockchain as well as aspects of cryptocurrency has heightened regardless of founder Bill Gates’ well-known criticism of Bitcoin as an investment.
Last Feb., cryptocurrency support from Microsoft came in the form of Microsoft’s Identity division plugging off-chain scaling solutions for Bitcoin, at a time when the Lightning Network was experiencing a significant growth in its number of users. While incorporating an ID system based on blockchain tech into its Microsoft Authenticator service, Microsoft was specific in its praise of decentralized protocols. Alex Simons, Microsoft Identity director of program management, wrote on Microsoft’s blog last Feb.:
“While some blockchain communities have increased on-chain transaction capacity (e.g. blocksize increases), this approach generally degrades the decentralized state of the network and cannot reach the millions of transactions per second the system would generate at world-scale.”