Teaming up with banking giant EY to make blockchain a force for good
Microsoft is looking to re-enter the blockchain game with a new service aiming to help settle payment disputes.
The Windows 10 maker has revealed a new service aimed at helping companies manage their rights and royalty payments using the technology.
The service, powered by Microsoft’s Azure cloud platform, will particularly look to target the gaming space, where rights disputes can often prove costly for content providers.
It will allow real-time access and insight into transactions, with a new smart contract systems helping makes sure that the right people get paid for their work.
Microsoft is hoping that the network will become one of the world’s largest enterprise blockchain ecosystems when fully operational, potentially processing millions of transactions per day.
Source/More: Microsoft is re-launching its blockchain | TechRadar