ConsesSys, a market leader in enterprise blockchain solutions, is now working with tech giant Microsoft to offer a service based on ConsenSys Quorum, an open-source protocol layer for developing with Ethereum for enterprises. ConsenSys is built on the principle to provide blockchain-as-a-service. Its product suite, composed of Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, serves millions of users, supports billions of blockchain-based queries for our clients, and has handled billions of dollars in digital assets.
As blockchain technology adoption accelerates, with more businesses expanding their online presence to include payments and financial transactions, blockchain adoption in the enterprise is growing. According to Gartner Inc.’s Avivah Litan, “Blockchain production use cases are predicted to keep growing by double-digit percentages in 2021,” due to, “the maturation of cryptocurrencies and Central Bank Digital Currencies, complex supply chains driven by social & environmental goals and blockchain middleware abstraction layers.”
ConsesSys’s collaboration with Microsoft is designed to offer Azure customers and business partners an easy path to building multi-cloud Ethereum-based managed blockchain services, with additional permissions to ensure transaction privacy.
The service will offer Microsoft Azure clients the ability to easily set up flexible blockchain nodes, thereby reducing the cost of enterprise blockchain deployment and developer programming time.
“Expanding our relationship with Microsoft helps organizations take advantage of ConsenSys Quorum and Quorum customer support; to offer users an enterprise-grade managed blockchain service that can be effortlessly set up and deployed. We are excited to bring the awarding-winning Quorum product to Azure users as the next step in our collaboration with Microsoft.”
– Joseph Lubin, Founder & CEO of ConsenSys
Mark Russinovich, CTO of Microsoft Azure said “By working closely with ConsenSys, we will be able to provide our customers with an easy way to deploy and manage their blockchain pilots and production use cases running on Microsoft Azure”, he also added that this collaboration is designed to take the complexity out of managing the infrastructure (hardware & software) that is necessary to run enterprise blockchains.