Microsoft Corporation (NASDAQ:MSFT) Decides To Exit Its Azure Blockchain Service: Introduces Virtual Student Workshops

Microsoft Corporation (NASDAQ:MSFT) announced plans to shut down its Azure Blockchain Service. 

The company will support existing installations until September 10, 2021. It did not commence new installations as of May 10, 2021. 

Microsoft commenced its BaaS (Azure Blockchain as a Service) in 2015 with initial support for ConsenSys by offering Ethereum Platform. The company provided a preview of the lab environment in DevTest Labs of Azure in January 2016. It allows the Blockchain-related services/ partners to decouple their blockchain technology from VM (Virtual Machines).

Availability of certified blockchain marketplace

The initial target of Microsoft’s Azure BaaS is to ensure the availability of a certified blockchain marketplace. It focused on adding all kinds of blockchain partners instead of selecting potential winners.

Bitcoin (BTC) is based on blockchain technology. The shared ledger – blockchain stores complete history of kinds of transaction records rather than cryptocurrency alone. Therefore, several enterprises such as finance and banking showed interest in the Azure BaaS.

Customers of Azure BaaS

After offering the preview of its Azure Baas, Microsoft did not put in significant efforts to update the service. The product page of Microsoft Azure BaaS shows clients like Singapore Airlines, J.P. Morgan, GE, Xbox and Starbucks. 

According to the documentation of Microsoft, its users started migrating to alternatives. The users can choose ConsenSys QBS (Quorum Blockchain Service) for their business needs. 

Unveils free virtual student workshops

It is essential to engage the students with innovative ways of learning every year. 

The educators can create workshops and new activities to engage the students in the summer. Microsoft has come up with its share of offering help to the students to update their learning skills. 

Microsoft decided to offer several free virtual student workshops, activities, and events to motivate and inspire students besides helping them hone up their skills and knowledge. 

Innovative coding workshops:

Microsoft helps students know how video games are developed and learn coding for their game taking inspiration from Space Jam. Bugs Bunny and LeBron James are the leading roles in the video game – Space Jam. Students aged eight years and above can learn coding in the sixty-minute workshop. 

Microsoft also offers black girls rock to empower and inspire students to learn leadership skills.

Published by Christine Lawrence

Christine Lawrence is a financial analyst. She loves analyzing socioeconomic trends in the background of financial moves. She has overall seven years of experience in Auditing, Finance and Writing.

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