Microsoft Releases Azure Blockchain Tools To Accelerate App Development

0
LinkedIn
Facebook
Newsletter
RSS

Microsoft unveiled this week Azure Blockchain Workbench, an app creation toolkit that is designed to enable developers that work with blockchain to build apps more easily. Azure Blockchain Workbench will streamline the way businesses and developers build bespoke apps on the blockchain.  Creators of decentralized applications (DApps) will use the Azure-based Workbench to speed up the development process by automating ledger deployment and infrastructure set up.

In announcing the release via a blog post published on May 7, Microsoft Azure general manager said:

“Workbench gets customers started quickly by automating infrastructure setup, so developers can focus on application logic, and business owners can focus on defining and validating their use cases.”

The computing giant said Azure Blockchain Workbench is “the scaffolding for an end-to-end blockchain application” which can easily be built “with just a few simple clicks”. Additionally, Workbench would take care of the integration of Azure services needed for better functionality of the applications.

As businesses witness a widespread adoption of blockchain technology, various industry giants are starting to appeal to developers and businesses with sets of development tools aimed at easing up the implementation process. Microsoft has recognized this opportunity and is hoping to capitalize on it by offering an instantly available ready-to-use infrastructure to customers looking for a quick implementation of blockchain solutions.

Kenner added that some of its existing customers and partners have already adopted the Azure Workbench to test out blockchain technology for their business processes. Among the companies mentioned include Israel’s Bank Hapoalim, global food giant Nestle, and US-based Apttus.

The Israeli Bank Hapoalim, for instance, is using Workbench to build a solution which allows it to issue bank guarantees for large purchases much faster and more efficiently.  Nestle is tested it to track the supply chain of its Bacio Perugina chocolate in Italy. And in the U.S, Apttus is using the platform to build and deploy smart contracts to secure, track and adjust to changes in the loans that are securitized and pooled for collateralized debt instruments.

Ray Battrick is a certified blockchain expert and FinTech copywriter who is devoted to working for you to build blockchain-based applications for your business. Ray is also a FinTech copywriter who is skilled at creating persuasive content for a wide range of products, including financial technology, business blockchain, investing and more. As an avid blockchain enthusiast, Ray enjoys writing about business blockchain, ICOs and cryptocurrency investment.

Post a Comment

avatar
  Subscribe  
Notify of