Microsoft Azure Announces Blockchain Token and Data Management Service

Microsoft’s blockchain-enabled cloud provider Microsoft Azure introduced new tokenization and blockchain information control services and products.

In a publish revealed at the respectable Microsoft Azure weblog on Dec. 6, the IT provider massive introduced the Azure Blockchain Tokens and blockchain information supervisor.

New gear for Azure blockchain customers

The Azure Blockchain Tokens provider targets to simplify the definition, introduction and control of compliant tokens constructed to business requirements. The company additionally supplies pre-built templates for commonplace makes use of and hosts a gallery for templates created via companions, which can be anticipated to be added at some point. The announcement reads:

“With this newest providing, we will be able to now be offering shoppers an end-to-end enjoy of simply growing and managing tokens for bodily or virtual belongings by way of Azure Blockchain Tokens (preview), along with managing the blockchain community itself by way of Azure Blockchain Provider.”

The opposite provider introduced, blockchain information supervisor, is a brand new Azure Blockchain Provider characteristic designed to permit its customers to seize blockchain ledger information, become and decrypt it whether it is encrypted and ship it to a couple of resources. Consistent with the announcement, this new capability simplifies “the bulky job of integrating current programs with information that sits on a blockchain ledger.”

Previous this week, Microsoft Azure additionally introduced “Azure Heroes” non-fungible blockchain tokens geared toward rewarding its developer neighborhood.

Blockchain is seeing expanding adoption in probably the most disparate of industries. As Cointelegraph illustrated in a devoted research the day gone by, one of the vital newest examples is supplied by way of blockchain together with three-D printing to toughen aerospace provide chains.

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