One of the largest and most influential companies in the personal computer industry, Microsoft, has received the top spot in ABI Research’s Blockchain-as-a-Service Competitive Assessment, the official announcement states.
ABI Research is an American analytical agency that was founded in 1990. It provides strategic guidance for visionaries needing market foresight on the most compelling transformative techs, which reshape workforces, identify drops in a market, create new business concepts and drive new revenue streams.
According to the announcement, the competitive assessment ranked eleven vendors which are currently developing products in the Blockchain-as-a-Service (BaaS) industry.
They are: Alibaba, Amazon, Baidu, Cisco, HPE, Huawei, IBM, Microsoft, Oracle, SAP, and Tencen.
Microsoft has been participating in the blockchain space since 2015 and already represent itself as one of the major players to be reckoned with. For example, previously Microsoft with its blockchain-based product Microsoft Blockchain Azure concluded a partnership with a global electronic marketplace for buying and selling securities, Nasdaq, in order to deliver highly secure interoperation between the Nasdaq Financial Framework core infrastructure.
Microsoft Azure Blockchain is a BaaS product, which allows companies to use a flexible version of Ethereum, modified specifically for their business needs.
Earlier, despite the fact that Microsoft loves Blockchain, the founder of the corporation, Bill Gates, called bitcoin (BTC) and ICOs “crazier, speculative things.”
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