Microsoft to deploy a new blockchain-based network with the possibility of it becoming the biggest enterprise blockchain. The tech giant is namely rolling out a network that will be used for rights and royalties processing by Microsoft’s game publishers, but it may get a much wider purpose eventually.
The network is meant for any industry which includes licensed assets and accruing contract-based royalties. This would then include developers, music publishers, authors, or production houses, which generate millions of transactions each month in paid royalties.
Before this happens, Microsoft is set to use it - and the network is expected to handle millions of transactions each day, making it one of the largest such ecosystems for enterprise.
Decentralization gets a special mention: “This isn’t just about Microsoft and their business partners – it is ultimately intended to be a general tool set for any company to do digital rights and royalty contracts with any other. That means no centralized control and each company being assured of its own operational privacy,” Brody told Quartz.
It has since been praised as a “Game Changer” for the industry.
Please do Upvote and response, what do you think ????
Blockchain
Smart Contract
Microsoft
Do you know when microsoft will complete their blockchain technology?
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hi @online87700
Just checked your profile just to realize that we seem to share a number of interests :)
In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)
big fat upvote on the way! :)
I will follow you closely :)
Take care, Piotr
thank you bro, we will surely work long time ahead
Sorry for late reply , we do share lot of interest , let’s work on steem and make money together
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cryptonews.com/news/microsoft-and-ey-deploying-huge-blockchain-system-2059.htm
Thank you Cheetah. I may be interested in reading more there.
done
Done , bhai let’s work on
Project where we can get passive income
great project nice
As I promised...I don
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