KSIX to use Microsoft Azure Blockchain as a Service (BaaS)

KSIX management has decided to utilize Microsoft’s Azure to develop, test and deploy blockchain applications. KSIX programmers have already been engaged and have begun testing several new revenue projects in the Azure environment.

See below for more information on Microsoft’s take on Blockchain and the benefits of Azure:

BLOCKCHAIN
Blockchain is an emerging way for businesses, industries, and public organizations to almost instantaneously make and verify transactions—streamlining business processes, saving money, and reducing the potential for fraud. At its core, a blockchain is a data structure that’s used to create a digital transaction ledger that, instead of resting with a single provider, is shared among a distributed network of computers.

The result is a more open, transparent, and publicly verifiable system that will fundamentally change the way we think about exchanging value and assets, enforcing contracts, and sharing data across industries. The applications using blockchain are almost limitless, ranging from loans, bonds, and payments to more efficient supply chains to even identity management and verification.

THE BENEFITS OF AZURE
As an open, flexible, and scalable platform, Azure supports a rapidly growing number of distributed ledger technologies that address specific business and technical requirements for security, performance, and operational processes. Our intelligence services, like Cortana Intelligence, provide unique data management and analysis capabilities that no other platform is able to offer. And the vast Microsoft partner ecosystem extends the capabilities of our platforms and services in a way to fit specific roles and industry needs.

Blockchain as a Service (BaaS) provides a rapid, low-cost, low-risk, and fail-fast platform for organizations to collaborate together by experimenting with new business processes—backed by a cloud platform with the largest compliance portfolio in the industry.