fbpx
Home » News » Microsoft Joins the Ethereum Party with ConsenSys

Microsoft Joins the Ethereum Party with ConsenSys

For those keeping track, here’s yet another milestone for how the pace of digital currency innovation is accelerating:

Microsoft announced its intention to start accepting Bitcoin in December 2014. Less than a year later, in October 2015, they have released the news that they have struck a deal to work with Ethereum through a partnership with ConsenSys, a Brooklyn-based startup specialized in building software for this platform.

The Bitcoin network was operational for nearly five years before Microsoft began participating in it, indirectly, through an arrangement with Bitpay. At the time of the ConsenSys announcement, Ethereum was only running for three months. The deal with Microsoft will allow customers of their cloud-computing platform, Azure, to easily develop and execute decentralized Ethereum applications and Ethereum-based smart contracts.  It’s now just a matter of time before you can pay Microsoft for Ethereum services with bitcoin.

Microsoft joins the Ethereum party early, but isn’t the first multinational to do so.  For example, IBM, Samsung and various financial institutions have already announced projects that work with this technology.

During the Bitcoin Wednesday conference in Amsterdam on 4 November 2015, Ashley Taylor of ConsenSys, will give a presentation on decentralized applications for communities.

Avatar

Early Stage Investor, Bitcoin Business Strategy Architect and Project Leader for Complex Internet SolutionsSee generalseven.com for more info.

View all posts by
Geoff Goodell, Researcher at University College London
Geoff Goodell

Geoff Goodellis a researcher at the Department of Computer Science at University College London and an authority on the interface between computer science, finance and public policy. His talk for Bitcoin Wednesday will cover the range of available options on the subject of financial privacy, from total surveillance as represented by traditional financial institutions to the use of cryptocurrencies and related privacy enhancing technologies.

Lyn Ulbricht, mother of Ross Ulbricht
Lyn Ulbricht

Lyn Ulbricht is the mother of Ross Ulbricht, the man sentenced to life in prison at the age of 36 for his involvement in Silk Road. The dark web marketplace has made an indelible impact on the industry.

JP Thieriot, CEO of Uphold
J.P. Thieriot

J.P. Thieriot is CEO of Uphold, a digital money platform that serves 1.7 million customers in more than 184 country and has processed almost $6 billion in transactions.

Ruben Merre, CEO of ngrave
Cold Hardware Wallets

Ruben Merreis co-founder and CEO of Ngrave, an end-to-end hardware wallet solution that tackles the what-ifs of managing digital assets and cryptocurrencies.

Patrick Dai, CEO of Qtum
Patrick Dai

Patrick Dai is CEO of Qtum. He will talk about how Qtum built a smart contract system on top of Bitcoin’s infrastructure.

Thomas Borrel, CPO of Polymath
Thomas Borrel

Thomas Borrel leads the Product Strategy, Product Management and Product Marketing teams across Polymath’s product portfolio. Prior to joining Polymath, Thomas was Director of Product Management at Extreme Networks where he led Extreme’s Software and Cloud offerings.

Micha Roon, CTO of EnergyWeb
Micha Roon

Micha Roon is the CTO of the Energy Web Foundation and the Share&Charge Foundation. He is an authority on energy grid decarbonization, electrical vehicle charging and the tokenization of renewable energy.