Microsoft (NASDAQ:MSFT) continues to deliver key innovations and solutions for businesses and developers alike. The company claims it has been working side-by-side with businesses and partners to build and deliver blockchain technology to enterprises, governments, and the general population.
The company introduced Blockchain as a Service (BaaS) in November of last year. Powered by Azure servers, Microsoft offers the possibility of deploying single-click virtual servers pre-installed with software to create and run Smart contract applications (Dapps).
Project Bletchley Will Bring Blockchain Technology to Consortiums
Microsoft has reorganized all of its Blockchain-based solutions under one roof. Project Bletchley outlines Microsoft’s vision for an open, modular blockchain fabric powered by Azure.
Bletchley is an answer to several demands and requests made by Microsoft’s clients, including:
- Platform openness.
- The improvement and incorporation of features like identity, key management, privacy, security, and interoperability.
- Increased performance, stability, and scalability.
- Consortium blockchains, which are members-only, permissioned networks for consortium members to execute contracts
Marley Gray, director of Cloud solutions for Microsoft wrote:
In Project Bletchley, Azure provides the fabric for blockchain, serving as the cloud platform where distributed applications are built and delivered. Microsoft Azure’s availability in 24 regions across the globe, hybrid cloud capabilities, extensive compliance certification portfolio, and enterprise-grade security enable blockchain adoption, especially in highly regulated