Categories: CryptoNews

Microsoft’s Azure Blockchain Service Adds 9 New Digital Currencies

Microsoft Azure has announced the inclusion of several new digital currencies to its Blockchain-as-a-Service (BaaS) developer environment: Jambucks, Bitswift, Storj, Vcash, Shadow, Blocknet, Blitz, Gamecredits and Okcash.

Marley Gray, Director of BizDev & Strategy for Cloud and Enterprise at Microsoft, also announced the appointment of two new bloggers to Azure BaaS. Global business strategist Yorke Rhodes will be announcing new additions to Azure’s BaaS platform from now on.

Jason Albert, Microsoft’s assistant general counsel on blockchain technologies, will be posting blog updates focused on the company’s collaborations with the Chamber of Digital Commerce (CDC), which Microsoft joined recently.

In today’s blog post, Gray explained that Microsoft decided to join the CDC to help establish a proper regulatory framework around distributed ledgers and digital currencies.

Gray said:

Related Post

“As we work with others in the industry to explore the promise of this technology, it is equally important to engage with regulators and policymakers as they think about distributed ledgers.”

While Gray stressed the importance of regulations to make sure criminal elements don’t take refuge in digital currencies, he also mentioned that the distributed ledger industry is still in its infancy, “But even as this particular application of distributed ledgers is regulated, it is important to recognize that other uses are still evolving or nascent, and need the freedom to develop and grow.” he added.

 

If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

 

Traderman

Avid blogger, entrepreneur, and cryptocurrency enthusiast. I love writing about cryptocurrency, NFTs, price analysis, and much more!

Share
Published by
Traderman

Recent Posts

Crypto Whale Sparks 8x Surge In $OPK Price with Massive Buy-in

A mysterious crypto whale, who previously invested 9,600 SOL into tokens $Pnut and $FRED, has…

13 mins ago

Early ENS Investor Transfers $2.47M To Binance Amid Upcoming Token Unlocks

An early investor linked to the $ENS token recently transferred 154,000 ENS tokens, valued at…

16 mins ago

Wintermute’s Memecoin Strategy: BABYDOGE Ranks Among Top 3 Holdings

In a surprising turn, $BABYDOGE has climbed to the top three in Wintermute’s memecoin holdings…

23 mins ago

$Pnut’s Meteoric Rise: How A Tragic Squirrel Inspired A Memecoin Sensation

The $Pnut memecoin recently soared past a $120 million market cap, creating unexpected wealth for…

29 mins ago

Political Memecoins And High-Stakes Bets Surge As Election Approaches

With election season heating up, political memecoins like $PEOPLE, $MAGA, $HARRIS, and $TRUMP are surging.…

35 mins ago

TRX Price Prediction: Tron Network Fee Cut to Spark New ATH?

Back into Spotlight: Tron Network Fee Cut Could Push TRX to ATH, But This DeFi…

9 hours ago