Microsoft Catches Blockchain Fever Along With Banks

Recently, the LTP team performed an extensive research on banks’ activities around blockchain. However, banks are not the only ones in the race for the technology’s adoption. Tech giants like Microsoft and IBM are also catching the blockchain fever that seems to have spread around the world at an impressive pace.

IBM, for example, had recently joined a group of banking industry giants like JP Morgan, Citi, BNP Paribas and other in the $60-million investment round of Digital Asset Holdings, a developer of distributed ledger technology for the financial services industry.

As for Microsoft, there are several interesting blockchain-related initiatives the tech mammoth is involved in. Microsoft recently presented the public cloud platform offering Ethereum Blockchain as a Service (BaaS) through Microsoft Azure.

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