Share this article
Microsoft Unveils New Blockchain Tools for Azure
Microsoft announced a new "scaffolding" toolkit through its Azure Blockchain Workbench, which can help developers quickly build applications.
By Nikhilesh De
Updated Sep 13, 2021, 7:55 a.m. Published May 7, 2018, 4:30 p.m.
Make us preferred on Google
Microsoft announced the Azure Blockchain Workbench Monday, releasing a new set of tools for developers that work with distributed ledger tech.
The Workbench provides "the scaffolding for an end-to-end blockchain application," and can be set up "with just a few simple clicks," according to the announcement. Put more simply, Microsoft is trying to streamline the method by which companies and their development teams can build apps on top of Azure-based blockchains.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"Today, we’re excited to announce the public preview release of Azure Blockchain Workbench, a new offering that can reduce application development time from months to days," Azure general manager Matthew Kerner wrote in a blog post published Monday.
Kerner added:
"Workbench gets customers started quickly by automating infrastructure setup, so developers can focus on application logic, and business owners can focus on defining and validating their use cases."
Some of the firm's existing partners have already taken advantage of the Workbench, Microsoft announced, including Israel's Bank Hapoalim, food distributor Nestle and "quote-to-cash" software producer Apttus.
Stepping back, the move is just the latest for the technology giant, which has joined several blockchain-focused partnerships in the last few months.
The company is working with Hyperledger, the United Nations, research consortium R3 and Cornell University's Blockchain Research Group to study different aspects of blockchain technology.
Outside of those group efforts, Microsoft has shown interest in the technology for digital identity purposes, as previously reported.
Microsoft image via Volodymyr Kyrylyuk / Shutterstock
More For You
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
HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
Silver futures on the crypto derivatives exchange are currently showing $1.25 billion in volume and $155 million in open interest.
What to know:
- HYPE, the native token of the Hyperliquid derivatives exchange, jumped 24% in 24 hours as trading in silver, gold and other commodities surged.
- Silver perpetual futures on Hyperliquid became the platform’s third most active market during Asia hours.
- Because trading fees from user-created markets are used largely to buy back HYPE on the open market, the spike in commodity activity is fueling demand for the token and signaling broader growth for Hyperliquid.
Top Stories
