Microsoft's Cryptlets will address the most concerning limitations of today’s blockchain platforms: performance, scale and security.
Microsoft (NASDAQ:MSFT) has announced the next phase of Blockchain development on its Azure cloud computing platform with the launch of the 'Bletchley' infrastructural substrate. At the same time, the firm has revealed the next level of detail regarding its roadmap of features for Cryptlets - components for building blockchain applications.
Azure is Microsoft’s cloud-based business service, which supports multiple programming languages and provides for the creation of custom applications on Microsoft’s infrastructure. In October 2015 Azure added Ethereum support with the goal of allowing developers to easily experiment with new applications such as smart contracts, without them having to build the infrastructure from scratch or requiring an in-depth knowledge of Cryptocurrencies. Banks and insurance companies are among the targeted clientele.
Bletchley is first consortium blockchain template that allows Azure developers to create a private consortium Ethereum network from just a few to hundreds of nodes. Microsoft says it reduces the estimated 3 week process of setting up a globally distributed multi-node consortium Ethereum network down to just 8 questions and a simple single-click deployment in 5-8 minutes.
Cryptlets
Referred to by Microsoft developers as "Blockchain 3.0", Cryptlets are building blocks for a new layer of capability they are calling the Cryptlet Fabric, where these components can be developed, published and accessed in a standard way. They will be discoverable within developer, architect, and business process modeling tools for easy use and can be easily created, reused and sold.
Microsoft explains that Cryptlets provide a common and approachable way for developers to use cross cutting capabilities like integration into existing systems, secure execution and data, privacy, scalability in programming languages enterprise developers use most. With them Azure will offer the worldwide footprint that will allow Bletchley to offer a hyper-scale secure data and execution platform to help build next generation applications on any blockchain platform.
Microsoft (NASDAQ:MSFT) has announced the next phase of Blockchain development on its Azure cloud computing platform with the launch of the 'Bletchley' infrastructural substrate. At the same time, the firm has revealed the next level of detail regarding its roadmap of features for Cryptlets - components for building blockchain applications.
Azure is Microsoft’s cloud-based business service, which supports multiple programming languages and provides for the creation of custom applications on Microsoft’s infrastructure. In October 2015 Azure added Ethereum support with the goal of allowing developers to easily experiment with new applications such as smart contracts, without them having to build the infrastructure from scratch or requiring an in-depth knowledge of Cryptocurrencies. Banks and insurance companies are among the targeted clientele.
Bletchley is first consortium blockchain template that allows Azure developers to create a private consortium Ethereum network from just a few to hundreds of nodes. Microsoft says it reduces the estimated 3 week process of setting up a globally distributed multi-node consortium Ethereum network down to just 8 questions and a simple single-click deployment in 5-8 minutes.
Cryptlets
Referred to by Microsoft developers as "Blockchain 3.0", Cryptlets are building blocks for a new layer of capability they are calling the Cryptlet Fabric, where these components can be developed, published and accessed in a standard way. They will be discoverable within developer, architect, and business process modeling tools for easy use and can be easily created, reused and sold.
Microsoft explains that Cryptlets provide a common and approachable way for developers to use cross cutting capabilities like integration into existing systems, secure execution and data, privacy, scalability in programming languages enterprise developers use most. With them Azure will offer the worldwide footprint that will allow Bletchley to offer a hyper-scale secure data and execution platform to help build next generation applications on any blockchain platform.
Strike's Expansion into Europe Accelerates Bitcoin Adoption
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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