Microsoft announces new cloud services for AI and blockchain technology

May 3, 2019, 9:50 am

Moupiya D.

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Microsoft released new tools for software makers ahead of its software developer conference that is suppose to take place in Seattle next week. This is an enterprise service that is meant to help businesses build applications on top of blockchain technology and is integrated with Azure Active Directory which offers tools for adding new members, setting permissions and monitoring network health and activity.

JPMorgan explained in greater detail about the partnership with Microsoft which is not only to enterprises to use the publicly available Quorum blockchain, but also JPMorgan helped create an unusually bold statement from a financial institution to society at large.

Microsoft is finally taking a step forward to bring blockchain technology to its Azure cloud computing platform by launching Azure Blockchain Services, a fully managed service that allows for the formation, management, and governance of consortium blockchain networks.

One new service from Microsoft helps online retailers recommend products based on shopping history and can be combined with a retailer’s existing recommendation engine – Scott Guthrie, Microsoft’s cloud and artificial intelligence chief

Further, Microsoft also plans to release the already prior announced HoloLens 2 headset which might cost $3,500.

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