Microsoft Azure Announces Blockchain Token And Data Management Service

Microsoft's blockchain-enabled cloud service Microsoft Azure introduced new tokenization and blockchain knowledge administration providers.

In a submit written on the official Microsoft Azure weblog on Dec. 6, the IT service large introduced the Azure Blockchain Tokens and blockchain knowledge supervisor.

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New instruments for Azure blockchain customers

The Azure Blockchain Tokens service goals to simplify the definition, creation and administration of tractable tokens constructed to business requirements. The agency additionally offers pre-built templates for widespread makes use of and hosts a gallery for templates created by companions, that are hoped-for to be added sooner or later. The announcement reads:

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"With this latest offering, we can now offer customers an end-to-end experience of easily creating and managing tokens for physical or digital assets via Azure Blockchain Tokens (preview), additionally to managing the blockchain network itself via Azure Blockchain Service."

The different service introduced, blockchain knowledge supervisor, is a brand new Azure Blockchain Service function designed to permit its customers to seize blockchain ledger knowledge, retread and decipher it whether it is encrypted and ship it to a number of sources. Per the announcement, this new performance simplifies "the cumbersome task of integration existing applications with data that sits on a blockchain ledger."

Earlier this week, Microsoft Azure additionally introduced "Azure Heroes" non-fungible blockchain tokens aimed toward pleasing its developer group.

Blockchain is seeing rising adoption in probably the most disparate of industries. As Cointelegraph illustrated in a devoted evaluation yesterday, one of many newest examples is supplied by means of blockchain together with 3D printing to reinforce aerospace provide chains.


Microsoft Azure Announces Blockchain Token And Data Management Service
Microsoft Azure Announces Blockchain Token And Data Management Service

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