Published: Sun, May 05, 2019
Markets | By Otis Pena

Microsoft Makes JPMorgan’s Quorum the Preferred Blockchain for Azure Cloud

Microsoft Makes JPMorgan’s Quorum the Preferred Blockchain for Azure Cloud

Azure's AI and Machine Learning Improvements Some of the most significant changes are coming to Azure Machine Learning, a cloud-based platform that offers a drag-and-drop interface for prepping, training and deploying machine learning models. Microsoft will also provide engineering, consulting and go-to-market support for Quorum.

Microsoft said that Quorum was a "natural choice" as it is built on the Ethereum protocol, which has the world's largest blockchain developer community. Today we're delivering innovative Azure services for developers to build the next generation of apps. "With 95 per cent of Fortune 500 customers running on Azure, these innovations can have far-reaching impact".

IoT, the Edge and Mixed RealityAzure is no longer stopping at the cloud: Microsoft made two announcements created to improve the platform's performance for edge and IoT computing. A new service entitled Personalizer will make recommendations to users.

Under the new banner are other new services such as Personaliser, which uses reinforcement learning to provide users with specific recommendations to help them make quicker and more efficient decisions. Microsoft, which is working with J.P. Morgan on the Quorum blockchain that runs JPM Coin, will be seen increasing its presence in the FinTech space. The company explained that customers will soon be able to apply Azure Cognitive Services algorithms directly to Azure Search, adding greatly improved business intelligence (BI) and analytics capabilities. With Azure Blockchain Service and Ethereum integrations for tools like VS Code, Microsoft is demonstrating its commitment to open blockchain development. Automated ML advancements and an intuitive UI will help the development of high-quality models.

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This is a significant outage and is impacting almost every single Microsoft service in some capacity and based on the messages released by the support accounts, this is DNS related.

United States bank JPMorgan Chase will use Microsoft Azure cloud storage in Quorum blockchain to simplify the process of creating and running applications in distributed network.

Microsoft said it is releasing a developer edition of its HoloLens 2 headset that was announced earlier this year.

The partnership would strengthen the transformative businesses where customers on the network can grow their network while benefiting from lower costs, simplified deployment and built-in governance enabled through Azure Blockchain Service.

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