Microsoft is one of the fast-moving IT giants in blockchain research for leverage with their existing services. The firm recently integrated Lition blockchain which is set to fulfill a commercial purpose in its cloud product, Microsoft Azure.
Lition made the announcement through a medium post published on Feb, 18. The blockchain oriented firm noted that they will operate under blockchain as a service (BaaS) for Microsoft. This milestone is quite something for Lition given that they are now among the countable blockchain services working with a reputable cloud provider.
Microsoft Cloud and the Lition Integration Pros
As one would expect, the two firms will benefit from each other in terms of convenience for cloud services and blockchain provision. Notably, Lition stands to get a larger market share once its blockchain tech gets exposure on Azure. Dr. Richard Lohwasser, the CEO of Lition, has since highlighted that they are optimistic;
“We believe that making integration as seamless as possible is vital to bridging the gap to adoption. Azure will be a tremendous asset for our customers..”
Microsoft’s cloud clients on the other hand will now be able to develop on-chains in Azure based on Lition’s blockchain technology. Big corporates recognized in the Fortune 500 like Samsung, Boeing, Coca cola and Walmart are currently among the set beneficiaries of this partnership.
Both Lition’s and Azure users can deploy and test sidechains using the integrated BaaS. In addition, they have the option to join this new cloud blockchain ecosystem as network validators. This significantly reduces the costs incurred for putting up local servers or the manual installation of nodes.
The $229 Billion Microsoft Cloud Market Share
Stats show that Microsoft Azure has attracted around $229 billion worth of market share placing it second in cloud services. The company’s history of indulging and making sense of complex tech is expected to come in handy for both its cloud operations and the BaaS offered by Lition. Furthermore, Azure’s open and scalable nature makes it a good avenue for blockchain tech application as DLT’s become more popular.