Initial Release of Azure’s Blockchain Development Kit

Microsoft has recently announced the launch of its Azure blockchain development kit which has been developed on the tech firm’s serverless technologies.

According to the company the new Azure-based platform seamlessly integrates distributed ledger technology with its own and third-party sorftware-as-a-service (SaaS) solutions.

The new release provides additional functionality in the company’s existing blockchain development tools.

It extends the capabilities of the Azure Blockchain Workbench which incorporates Azure’s messaging API, off-chain identity and data and key management into a referenced architecture.

It is aimed to increase interoperability, deploy smart contracts and blockchains as well as integrating data systems.

The newly released SDK includes SMS and voice interfaces for monitoring supply chain management systems as well as being able to integrate with internet of things devices, and provides functionality for Android and iOS mobile clients.

According to Marc Mecuri, the principle program manager and head of blockchain engineering efforts at Microsoft says that the aim of the release is to deliver end-to-end blockchain solutions for consortiums, developers need to enable organizations, people, and devices to connect to the blockchain using heterogeneous set of user interfaces.

Accelerator Program for TRON DApp Developers

Tron has recently announced a $1 million accelerator program to support developers building Dapps and products on the TRON protocol.

This was announced through a press release last November 16. The main aim of the project is to help in consumer adoption of blockchain technology through TRON’s ecosystem.

In its current state the TRON network is averaging over a million of daily transactions and over 600,000 wallets.

Submissions of proposals to be included in the accelerator program will run through December and the chosen projects will be announced at TRON’s First international Summit in January.

The announcement comes after it has recently announced partnership with China’s largest internet provider Baidu in cloud computing services.

Its CEO Justin Sun has earlier stated that with the Odyssey 3.1 it will be able to beat Ethereum in speed and EOS on Cost.

Part of this change is the launch of TRON Virtual Machine which will enable developers to test smart contract before they transfer to the TRON mainnet.

Ripple Now Supported In Coinbase Custody

XRP was recently added to the Coinbase Custody platform, the safekeeping arm of the crypto-finance giant that is aimed for institutional customers.

It will also include USDC, the stablecoin Coinbase and Circle have co-developed.

Custody requires a minimum cryptocurrency holding of $10 million and a thorough due-diligence process before an individual or company is accepted as a client.

With a significant increase of competition in the crypto space Coinbase has throttled its offering to remain relevant in the space.

It has also been granted by the New York Financial Department’s License to operate as an independent custodian.

According to Sam McInvagale, product head at custody, their company is exploring the addition of many existing and forthcoming digital assets for storage only.

The information was announced internally in their Coinbase as well as to the general public to ensure transparency with regards to possible listing of new assets.

Blocrice: Blockchain Platform That Empowers Farmers

Oxfam has recently released its blockchain-powered platform dubbed as BlocRice that will enable farmers increase negotiating power and increase the efficiency of the supply chain .

Through the system, buyers and suppliers will be able to interact with each other without having to pass through an intermediary.

The program is said to have passed several test in Cambodia with the primary objective of augmenting the earnings of farmers which are generally viewed as underpaid.

The use of the platform will enable them to create cooperatives that operate like labor unions.

This will ensure that the prices of their products will rise across the board.

The initiative is a perfect example of how blockchain technology can enhance lives by empowering individuals and re-calibrating the distribution of power between negotiating parties.

According to Song Saran, CEO of Amru Rice, one of the companies that will be participating in BlockRice the initiative will increase transparency, traceability, fairness and trust in the whole supple chain of the sector.

Billions Of People Will Use Bitcoin According To Pantera Capital CEO

According to CEO of Bitcoin investment Firm Pantera Captial Dan Morehead, Bitcoin is not only a killer in the primary industries it seeks to disrupt but it is in fact a serial killer in a sense that it also disrupts even those sub-sectors in the financial industry.

He states that it is great to use for cross-border money movement and it is also in some conditions a good store of value despite its volatility.

He also states that while the internet disrupts various sector, the financial sector was largely left untouched.

However with the advent of Bitcoin that allows peer-to-peer transactions banks, credit card and remittance firms will become obsolete.

The CEO was also quick to point out that the biggest challenge facing Bitcoin right now is Scalability however, he expresses confidence that this problem will be addressed in time.

He predicts that several years from now he sees billions of people using Bitcoins.

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