Share this article

Microsoft Rolls Out Ethereum Toolkit for Business Users

Computing giant Microsoft is rolling out a toolkit that will let its enterprise users build on the Ethereum protocol.

Updated Sep 29, 2023, 11:51 a.m. Published Oct 28, 2015, 9:00 p.m.
Credit: Shutterstock
Credit: Shutterstock

Computing giant Microsoft is rolling out a toolkit that will let its enterprise users build on the Ethereum protocol.

Thanks to a partnership with Ethereum collective ConsenSys, business users of Microsoft's cloud-based Azure service will be able to access Ethereum Blockchain-as-a-Service, or 'E BaaS'.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The sandbox initiative, announced today, will be unveiled on 10th November at Ethereum's DEVCON1 event in London.

Marley Gray, Microsoft's director of technology strategy for its US Financial Services, said in a statement:

"Our enterprise clients will have the ability to deploy private and semi-private or consortium blockchain networks, as well as public Ethereum nodes with a single click on Azure."

The company, which began accepting bitcoin for Xbox content in 2014, has shown increasing interest in blockchain technologies. In August, its director of technology and civic innovation, John Paul Farmer, told CoinDesk currencies were its "least interesting" application.

Through the toolkit, Microsoft's Azure users will be able to access tools such as BlockApps' full stack app and blockchain builder, Strato, and Ether.Camp, a blockchain explorer for Ethereum.

"We’ll have developer tools and applications so [enterprises] can begin to understand the power behind blockchain technology," Gray said.

About ConsenSys

ConsenSys, headquartered in New York, is a collective building tools and DApps (decentralised apps) on Ethereum – which launched in "bare bones" form in July – to make the protocol user-friendly.

The brainchild of Ethereum Foundation co-founder Joseph Lubin, it emerged from stealth in August. More recently, it formed ConsenSys Enterprise for large-scale blockchain solutions.

While Azure customers will be able to fashion their own company-specific applications, DApps from ConsenSys range from EtherPoker and EtherSign (document signing) to HunchGame, which rewards users for accurately predicting celebrity gossip.

Andrew Keys, director of enterprise business development and communications at ConsenSys said:

"We’ve found Azure to be an efficient and powerful cloud to deploy our offerings and are looking forward to further collaboration with Microsoft. The initial offerings of BlockApps Strato and Ether.Camp will serve as foundational protocols and tools for developers to create blockchain applications immediately."

Featured image: pio3 / Shutterstock.com

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

Donald Trump points at the audience during a press conference at the White House.

The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.

What to know:

  • Bitcoin rallied above $89,000 as remarks by President Trump sent the dollar to its lowest level in nearly four years.
  • Gold rose to a new record above $5,200 per ounce following the president's comments.
  • One analyst is seeing a bullish technical divergence which could send bitcoin back to $95,000 in short order.