Microsoft’s New Ethereum Blockchain Product Gets Rid of Mining

Software giant Microsoft has debuted a new Blockchain as a Service (BaaS) product that allows businesses across industry verticals to deploy a flexible instance of Ethereum tailored specifically for enterprise environments.Announced on Tuesday, Ethereum Proof-of-Authority on Azure allows enterprises to build applications on an Ethereum blockchain that is not secured by a Proof-of-Work (PoW)...

Microsoft acquiring GitHub, Bitcoin Core, and other cryptocurrency repositories

Microsoft acquiring GitHub, Bitcoin Core, and other cryptocurrency repositories Microsoft acquiring GitHubThe open source movement was first championed by Linux, for which its creator, Linus Torvalds, originally built the Git platform. GitHub is an online service built entirely around Git. In a surprising move, a company traditionally hostile to open...

Amazon & Microsoft’s Move to Blockchain: Centralized Companies Into Decentralized Ecosystem

Amazon & Microsoft’s Move to Blockchain: Centralized Companies Into Decentralized Ecosystem Bitcoin, and the idea of digital cash, has taken hold of the banking sector as banks and financial institutions start to experiment internally with blockchains and cryptocurrencies in order to be at the forefront of these technologies. This, coupled...