Microsoft Azure Announces Blockchain Token and Data Management Service

Microsoft’s blockchain-enabled cloud service Microsoft Azure introduced new tokenization and blockchain knowledge administration providers.

In a put up printed on the official Microsoft Azure weblog on Dec. 6, the IT service big introduced the Azure Blockchain Tokens and blockchain knowledge supervisor.

New instruments for Azure blockchain customers

The Azure Blockchain Tokens service goals to simplify the definition, creation and administration of compliant tokens constructed to business requirements. The agency additionally gives pre-built templates for widespread makes use of and hosts a gallery for templates created by companions, that are anticipated to be added sooner or later. The announcement reads:

“With this newest providing, we will now supply clients an end-to-end expertise of simply creating and managing tokens for bodily or digital belongings through Azure Blockchain Tokens (preview), along with managing the blockchain community itself through Azure Blockchain Service.”

The opposite service introduced, blockchain knowledge supervisor, is a brand new Azure Blockchain Service characteristic designed to permit its customers to seize blockchain ledger knowledge, remodel and decrypt it whether it is encrypted and ship it to a number of sources. Per the announcement, this new performance simplifies “the cumbersome activity of integrating present purposes with knowledge that sits on a blockchain ledger.”

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

Blockchain is seeing rising adoption in probably the most disparate of industries. As Cointelegraph illustrated in a devoted evaluation yesterday, one of many newest examples is supplied by way of blockchain together with 3D printing to boost aerospace provide chains.

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