If you have been following the expansion of the blockchain, you probably know that one of the key players to first adopt it was Microsoft – in its Microsoft Azure platform which brought blockchain to the cloud for the first time ever.
In the latest news, Microsoft is actively looking to connect the entire technology to just about everything else and is apparently working to link all of its blockchain services together.
From Salesforce to SharePoint Online, Office 365 Outlook, Dynamics 365 CRM, SAP and even Twitter, the general manager of Microsoft Azure Matt Kerner confirmed the company’s plans. As he said, Microsoft is focused on allowing the Microsoft customers to port their data from the platforms into the cloud – and from there onto a blockchain.
Tools like Microsoft Flow and Logic Apps will also be integrated into the blockchain ecosystems – which offer hundreds of connectors to thousands of applications – into the Azure Workbench which is a service that launched in May and aims to make the creation of blockchain apps easier.
As Kerner further added:
“Blockchain empowers the next step – enabling a single, authentic data set shared across counterparties. This is already improving the way transactions happen. We believe the same will be true with data analytics.”
According to Kerner, the real value of the blockchain here is best seen in the multi-party business process. He said:
“What blockchain is doing is creating a multi-party business process that is moving out of email, phone calls, spreadsheets and into a single system with a single view on the data that all of the participants can rely upon and trust,”
Concluding his speech, Kerner also pointed to the exponential change that Microsoft is looking forward to, adding:
“Even the fiercest of competitors can onboard and mutually derive benefit from that system and find new revenue streams.”
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