Microsoft has announced that its Azure Blockchain Service is being closed. The service was a public cloud-based blockchain platform, and it had been in operation since 2016.

Microsoft has recently closed the Azure Blockchain Service. The service was launched in September 2018 and allowed customers to create their own blockchain networks.

  • On September 10, Microsoft will shut down its Azure Blockchain Service.
  • Customers are advised to use alternative services, according to the firm.
  • Azure customers are welcome to utilize the ConsenSys Quorum Blockchain Service.

On September 10, Microsoft abruptly shut off Azure blockchain without giving essential information to users, leaving consumers befuddled.

Furthermore, Microsoft has stopped taking new signups and has offered customers four months to transfer to an alternative provider.

Furthermore, the general public believes that the abrupt turnoff is due to a lack of consumers and an increase in costs. J.P. Morgan, GE Aviation, Singapore Airlines, Starbucks, and Xbox are among the company’s corporate clients.

ConsenSys Quorum Blockchain service welcomes Azure service migrants, according to ConsenSys CEO Joseph Lubin.

“By extending our partnership with Microsoft, businesses can take use of ConsenSys Quorum and Quorum customer support to provide customers with an enterprise-grade managed blockchain solution that is simple to set up and deploy,” says the company.

On May 12, Azure architect Tom Kerhove raised notice of the impending shutdown on Twitter. Microsoft has also provided a migration guide for its clients.

The original goal of Azure was to establish a certified blockchain marketplace where consumers could “find blockchain technology and value-added services.”

Furthermore, Microsoft has sent conflicting signals regarding its interest in cryptocurrencies and blockchain, with Brad Smith stating at the start of this year that the multinational is not even remotely interested in Bitcoin.

However, towards the end of March, the firm held an online poll to see whether consumers wanted Bitcoin as a payment option for Xbox.

Although this is one of the first large company blockchain solutions to close its doors, it is unlikely to be the end of commercial blockchain adoption, since IBM, ConsenSys, Amazon, Hyperledger, and Huawei all provide enterprise-ready blockchain solutions.

You’ve been recommended

Microsoft has closed their Azure Blockchain Service for now. This is because they are working on a new blockchain platform that will be released in the future. Reference: azure blockchain pricing.

Frequently Asked Questions

Is Microsoft shutting down Azure?

 

Which blockchain is supported by Microsoft Azure?

Microsoft Azure supports Ethereum, Hyperledger Fabric, and R3 Corda.

Does Microsoft use blockchain technology?

Yes. Microsoft has been investing in blockchain technology for several years now.

  • azure blockchain workbench
  • microsoft cryptocurrency
  • azure blockchain certification
  • azure blockchain hyperledger
  • quorum blockchain service
You May Also Like

How to Buy Polkadot (DOT) in Canada

Polkadot (DOT) is a cryptocurrency currently receiving much attention. For a brief…

Genesis Mining Review | What is Genesis Mining | Genesis Mining Details, Pricing, & Features

Genesis Mining is a cloud-based mining service provider that allows users to…

Horizon Protocol & Technology Stack Partners: Ensuring Reliability & Safety

In the cryptocurrency world, you face a lot of uncertainties: Will I…

Kraken vs Poloniex 2021: Best Cryptocurrency Exchange Comparison

The cryptocurrency market is growing at a rapid pace, and exchanges are…