Microsoft Azure to support commercial blockchain
Tech giant to add Lition blockchain to its marketplace
cloud service, Azure, has added commercial a blockchain called Lition to its marketplace.
According to a press release, the move makes Lition one of the few public/private blockchains that are supported by major tech giants like Microsoft.
The integration of Lition blockchain into the Azure marketplace will allow Microsoft’s clients to deploy Lition side chains. The companies will be able to test the commercial blockchains and then apply them on their platforms.
Lition CEO Richard Lohwasser believes that the move will push blockchain further into the mainstream.
Microsoft is actively bringing decentralised technology to the cloud. In December, the company introduced the Azure Blockchain Tokens service that provided pre-built templates for the creation of tokens. Moreover, it presented a new blockchain data manager called Azure Blockchain Service, which allows clients to collect, transform and decrypt the blockchain ledger data.
According to Canalys, in the fourth quarter of 2019 Azure was the second-largest cloud with the market share of 17.6 per cent. Microsoft reported that its revenue growth comprised 62 per cent over the previous quarter.
The cloud platform is currently working with large enterprise clients, such as Walmart, , , and Samsung.
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