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Microsoft Opens to Bitcoin

Microsoft Opens to Bitcoin

Since the end of 2014 Microsoft Corporation has started to test the blockchain technology.

In fact, Microsoft wants to create its own blockchain-as-a-service (BaaS) product and since they have opened their Azure cloud computing platform, the American company has added a growing number of partners to its BaaS solution including ConsenSys, Emercoin and MultiChain.
With Azure and BaaS people will be able to use different technologies (from smart contracts to blockchain-based tax reporting services) in a safer and easier way than in the past.
We can’t wait to see the finished product and Marley Gray, Microsoft‘s director of technology strategy, promises that this “certified blockchain marketplace” will be ready within this spring.
The Importance of the Blockchain
Although blockchain is revolutioning the whole payments system, the real revolution are the bitcoins behind it.
The Blockchain is a secure ledger that records and stores every transaction in the network. Thanks to that there is no need for “trusted” third parties such as banks and this is why the Blockchain is a great game changer.
Its implications extend not only to bitcoin transactions, but it can be useful in various fields: from real estate to copyrights, from music to cinema, etc. In fact nowadays there is an increasing number of new startups that are working on innovative projects based on the blockchain with multipurpose uses and aims.
And one thing is certain: if anything was not invented yet, it is just temporary, because the blockchain allows all kinds of experimentation.

About the author: Amelia Tomasicchio is a writer and a journalist of Bitcoin-related news and articles. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

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Amelia Tomasicchio
Amelia Tomasicchio

Amelia Tomasicchio is a content writer and marketer of Bitcoin-related news and fintech startups. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

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