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Microsoft quietly closing down Azure blockchain in September

Microsoft is turning off its corporate Azure Blockchain Service on September 10 and will not accept any new deployments effective immediately, with no official explanation provided.Large corporate customers who use Azure Blockchain include J.P. Morgan, GE Aviation, Singapore Airlines, Starbucks, and Xbox according to its website.The announcement was made in

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Ubisoft selects blockchain startup for its Entrepreneurs Lab

Aleph.im, a blockchain-based storage and computing startup, has been selected to participate in the sixth season of Ubisoft’s Entrepreneurs Lab, offering further exposure to the emerging blockchain industry. The French video game developer has been running the Entrepreneurs Lab for the past six years, offering startups and entrepreneurs the ability to

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Philippine power firm looks to regulators to drive blockchain electricity trade

The head of a Philippine electricity generator and distributor says that blockchain-enabled trading of electricity can thrive in the country, so long as the right regulatory environment exists.   Emmanuel Rubio, president and CEO of Aboitiz Power, told the Manila Bulletin blockchain offered an opportunity in the electricity market, particularly

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Cambodia’s SBI LY HOUR Bank launches first cross-border blockchain transfers via Ripple

Cambodian lender SBI LY HOUR Bank has launched the first blockchain-based remittance services between Cambodia and Vietnam.   SBI LY HOUR Bank is providing the new services with Vietnamese lender TP Bank, in which its parent, SBI Holdings, has a stake, according to a report by the Phnom Penh Post. The lender

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Blockchain Global Market Report Shows Growth in Covid Era due to Demand for Safety and Transparency – Blockchain News, Opinion, TV and Jobs

With an annual growth rate (CAGR) of 79%, the blockchain market is looking towards a bright future. This recent growth (2020-2021) is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures

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Philippine bank, fintech XLOG to offer blockchain-based logistics financing

Union Bank’s financial supply chain platform to be integrated with XLOG’s logistics platform. Union Bank of the Philippines and fintech firm XLOG have teamed up to offer the Philippines’ first blockchain-powered supply chain financing solution embedded in a logistics platform. “We are firm believers in how blockchain technology can bridge gaps in

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How R3 is growing Corda’s reach with China’s Blockchain Services Network

China’s Blockchain-based Service Network, or BSN, embodies China’s vision to push blockchain as a national priority. And the network has already onboarded global blockchain projects to ease blockchain applications for local developers. And certainly, there’s a push for an international presence as well. And oh, have they been busy. On a

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Tajikistan teams up with Fantom for e-government blockchain launch

Central Asian nation follows Pakistan and Afghanistan with blockchain-powered digitization initiative. Tajikistan is partnering with the Fantom Foundation to develop e-government infrastructure using Fantom’s blockchain-based IT products. Under the deal, the Ministry of Industry of New Technologies will provide Fantom with access to its data flows and documentation to develop a customized

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