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Microsoft Unveils Azure-Based Blockchain Data Mgmt Offering

Microsoft Unveils Azure-Based Blockchain Data Mgmt Offering - top government contractors - best government contracting event
Microsoft Unveils Azure-Based Blockchain Data Mgmt Offering - top government contractors - best government contracting event

Microsoft has launched a new cloud-based offering that uses artificial intelligence to handle blockchain transaction data, Coindesk reported Friday.

The Azure Blockchain Data Manager integrates the Azure cloud platform with a distributed ledger concept and works to connect blockchain data from nodes or smart contracts to databases or data stores.

The new offering can also support supply-chain operations through internet of things capabilities and is interoperable with various blockchain types, including JPMorgan's enterprise-level Quorum ledger.

“Blockchain can ensure that everything from the algorithms to the data going in and out of them is trustworthy,“ noted Marc Mercuri, Microsoft's principal program manager for blockchain engineering for Azure.

KPMG also plans to release an AI-driven blockchain offering in January.

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