Microsoft Azure now announces tokenization and blockchain services
These changes in the platform seek to improve the user experience. In turn, they aim to make the operations or tasks that your clients intend easier. And Azure managers considered that including tokens and improving the blockchain was the best way to achieve it.
New possibilities for Microsoft Azure users
As for the Azure Blockchain Tokens service, its main objective is to simplify work for users. Specifically in the definition, creation and administration of tokens that meet industry standards.
In addition, the company also provides preconstructed templates for common uses. It also offers a gallery of templates created by partners, which are expected to be added in the future.
The announcement states that:
“With this latest offer, we can now offer customers an end-to-end experience of easily creating and managing tokens for physical or digital assets through Azure Blockchain Tokens, in addition to managing the Blockchain network itself through the Azure Blockchain Service "
This not only opens the doors to new horizons for Azure users, but also significantly improves the service they were offering.
The other service they announced was the Blockchain data manager. This represents a new feature of the Azure Blockchain Service, which was designed to capture data from the ledger of the blockchain. Subsequently, the data would be transformed, decrypted (if encrypted) and delivered to multiple sources.
In line with the blog post, this feature simplifies "the cumbersome task of integrating existing applications with data found in a Blockchain accounting book."
Microsoft and tokens
Earlier this week, Microsoft Azure made another announcement related to the use of tokens. Specifically non-expendable Blockchain tokens called "Azure Heroes." Your goal is to reward your developer community with these tokens.
On the other hand, it is important to remember that Microsoft has partnered with the Enjin gaming company, with which it will launch a tokenized rewards program. This shows that the interest of the technology giant in this area is quite large; and they are expected to continue proposing initiatives like these.
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