Microsoft Launches Platform for Minting Enterprise-Ready Tokens
Microsoft is intended to issue tokens similar to Bitcoin for test driving. The companies has already launch a mint platform for issuing a broad variety of crypto coins and tokens.
With the mint, named Azure Blockchain Tokens, anyone can design, issue as well as control a large variety of cryptocurrencies, which is possible to be detected to exist in just 1 place at a time. This makes them way harder to falsify as well as lot simpler to analyze. Azure Blockchain Tokens will be provided in different forms such as non-fungible bonds, documents as well as tickets.
For now, Azure is utilizing the Ethereum blockchai. Though, in the coming period developers will have the possibility to utilize Azure Blockchain Tokens on the public Ethereum blockchain or even at distributed ledgers developed by several of Microsoft’s competitors.
Principal architect at Microsoft Marley Gray mentioned: “We’re creating a platform in the cloud where any token within the TTI framework can snap into place. So you can build applications where you want to use tokens with.”
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