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Tag Archives: Microsoft

Crypto Daily News | Microsoft Runs Ethereum Tech

In today’s edition of Crypto Daily News, we’ll cover Microsoft’s latest tech that runs on the Ethereum network and OKEx’s troubles launching its Bitcoin (BTC) futures. Crypto Daily News: August 8th, 2018 Microsoft Uses Ethereum Yesterday, the software giant Microsoft made a huge announcement debuting its latest Blockchain as a Service (BaaS) product. The product allows businesses across industry verticals ...

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Microsoft Introduces Ethereum Proof-of-Authority Algorithm on Azure

Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium networks, where “all consensus participants are known and reputable.” In contrast to proof-of-work (PoW) — the ...

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Coinbase Hires Former AWS and Microsoft Employee Tim Wagner as New VP of Engineering

Former Amazon Web Services (AWS) and Microsoft employee Tim Wagner has joined Coinbase as vice president (VP) of engineering, according to a blogpost August 6. Wagner will now lead Coinbase’s engineering team, which is “central to [Coinbase’s] mission of creating an open financial system for the world,” Coinbase writes in the post. Aiming to build the “most open, secure, and ...

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Starbucks, Microsoft, and ICE to Launch Bitcoin Payments Provider

Big corporate names, including Starbucks, Microsoft, and Intercontinental Exchange, are partnering up to launch an integrated platform that enables consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network. Leveraging Microsoft’s cloud solution, the open and regulated global ecosystem for digital assets may be the tool Starbucks was looking for to accept payments in cryptocurrency. ...

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Singapore Airlines Launches Blockchain-Based Loyalty Wallet, Co-Developed by Microsoft

Singapore Airlines (SIA) has launched its own airline loyalty digital wallet that uses blockchain technology, it announced July 24. The software has been co-developed by Microsoft and KPMG Digital Village, according to the press release. The new wallet — dubbed ‘KrisPay’ after SIA’s ‘KrisFlyer’ loyalty programme — converts frequent flyer miles into digitized ‘KrisPay miles’ that can be used to ...

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Microsoft Allegedly Stops Accepting Bitcoin Once Again

There have been some concerns involving Microsoft’s acceptance of Bitcoin in recent months. Although the company seemingly still accepts Bitcoin deposits to top up one’s Microsoft account, some Reddit users have run into problems. One company representative even claims this option should have been removed a while ago, and that any active Bitcoin option is merely a “bug”. Microsoft’s Stance ...

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Microsoft Launches Enterprise Blockchain Partnership in Taiwan

Microsoft Taiwan has entered a partnership with Digital China and Hot Cool in the hope that the three companies can use blockchain technology to improve the financial, e-commerce, entertainment, and other industries. The three-party blockchain alliance unveiled the initiative at a conference on June 28 at the Le Méridien Hotel in Taipei City. Sun Jikang, the general manager of Microsoft ...

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Microsoft Partners With Two Asian Firms on Blockchain Platform for Enterprises

The Taiwanese subsidiary of tech giant Microsoft has partnered with tech investment company China Binary Sale Technology and High Cloud to create a platform for enterprise blockchain development, according to a press release from Microsoft June 28. Microsoft will provide its Azure cloud platform as a base for China Binary’s blockchain service. The three-part partnership reportedly intends to transform various ...

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EY Launches Blockchain Content Rights Platform with Microsoft as Partner

Global leader in advisory services, EY, in partnership with Microsoft announced a blockchain based solution which facilitates content rights and royalties management. To start things off, Microsoft and affiliated game publishers will be using the solution in the gaming industry, although this sort of a solution can be used in multiple industries where intellectual property(IP) or assets are licensed. Gaming happens ...

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New Blockchain-Based Supply Chain System Is Presented by Microsoft and Ardents

Microsoft has partnered with Ardents, a supply tracking solutions provider, to develop a new product tracking platform using blockchain technology and artificial intelligence (AI), Food Engineering reported June 14. The new blockchain solution, which is called Ardents NovaTrack, was presented at Viva Tech 2018 in Paris. The system offers end-to-end traceability and visibility from the point of origin along the ...

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