Category: blockchains

May 2, 2019 Off

Microsoft launches a fully managed blockchain service

By Jill T Frey

Microsoft didn’t rush to bring blockchain technology to its Azure cloud computing platform, but over the course of the last year, it started to pick up the pace with the launch of its blockchain development kit and the Azure Blockchain Workbench. Today, ahead of its Build developer conference, it is going a step further by launching Azure Blockchain Services, a fully managed service that allows for the formation, management and governance of consortium blockchain networks.

We’re not talking cryptocurrencies here, though. This is an enterprise service that is meant to help businesses build applications on top of blockchain technology. It is integrated with Azure Active Directory and offers tools for adding new members, setting permissions and monitoring network health and activity.

The first support ledger is J.P. Morgan’s Quorum. “Because it’s built on the popular Ethereum protocol, which has the world’s largest blockchain developer community, Quorum is a … Read the rest

May 2, 2019 Off

Grainchain, a blockchain-based platform for commodity sales, launches in Mexico

By Jill T Frey

In the two years since GrainChain launched its distributed ledger-based transaction platform for bulk dry goods, the company has brokered thousands of contracts on everything from corn, sorghum, wheat and soybeans to even sand from its headquarters in McAllen, Texas.

Now the company is expanding its services to Mexico, partnering with the government of Tamaulipas to help farmers and grain elevators with commodity management and settlement.

Integrating with existing grain elevator equipment, GrainChain will deploy its sensors and software to automate the certification of inventory, invoice settlement and reporting to buyers and sellers, according to a statement from the company.

Although the company’s blockchain adoption is new, GrainChain began developing its technology six years ago as an inventory supply chain management toolkit for farmers.

The company’s founder and chief executive Luis Macias had sold his previous software business Verge Data to an insurance company in 2005 and took some time … Read the rest

May 1, 2019 Off

AWS opens up its managed blockchain as a service to everybody

By Jill T Frey

After announcing that they were launching a managed blockchain service late last year, Amazon Web Services is now opening that service up for general availability.

It was only about five months ago that AWS chief executive Andy Jassy announced that the company was reversing course on its previous dismissal of blockchain technologies and laid out a new service it would develop on top of open source frameworks like Hyperledger Fabric and Ethereum.

“Customers want to use blockchain frameworks like Hyperledger Fabric and Ethereum to create blockchain networks so they can conduct business quickly, with an immutable record of transactions, but without the need for a centralized authority. However, they find these frameworks difficult to install, configure, and manage,” said Rahul Pathak, General Manager, Amazon Managed Blockchain at AWS, in a statement. “Amazon Managed Blockchain takes care of provisioning nodes, setting up the

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