{"id":262693,"date":"2021-05-30T15:47:00","date_gmt":"2021-05-30T12:47:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/as-microsoft-azure-closes-shop-consensys-quorum-opens-up-to-new-users\/"},"modified":"2021-05-30T15:47:00","modified_gmt":"2021-05-30T12:47:00","slug":"as-microsoft-azure-closes-shop-consensys-quorum-opens-up-to-new-users","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/as-microsoft-azure-closes-shop-consensys-quorum-opens-up-to-new-users\/","title":{"rendered":"# As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a33d95a6a6f5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a33d95a6a6f5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/as-microsoft-azure-closes-shop-consensys-quorum-opens-up-to-new-users\/#Is_this_good_news_for_Microsoft\" >Is this good news for Microsoft?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/as-microsoft-azure-closes-shop-consensys-quorum-opens-up-to-new-users\/#Azure_SQL_adds_an_immutable_ledger\" >Azure SQL adds an immutable ledger<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/as-microsoft-azure-closes-shop-consensys-quorum-opens-up-to-new-users\/#Will_more_enterprises_shift_to_public_systems\" >Will more enterprises shift to public systems?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvNjMzOWFlOGMtYTg5Yy00YjRmLWIxYjUtZWUzNDMyMzQwNTc0LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely been made possible due to advances from the Ethereum network, which are ensuring better privacy, scalability, throughput and more for enterprise clients.<\/p>\n<p>A new industry analysis report <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reportlinker.com\/p06073592\/Global-Blockchain-Technology-Market-By-Type-By-Component-By-Enterprise-Size-By-Industry-Vertical-By-Regional-Outlook-Industry-Analysis-Report-and-Forecast.html?utm_source=GNW\">demonstrates<\/a> this shift, noting that the global blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> market size is expected to reach $72 billion by 2026, rising at a market growth of 51.8% CAGR during the forecast period. Interestingly enough, findings from the report show that during 2020, the public enterprise blockchain market segment emerged as the leading model with the highest share in the global market.<\/p>\n<p>As more enterprise blockchain solutions shift to public networks, it shouldn\u2019t come as a surprise that Microsoft recently announced that its Azure Blockchain Service is migrating users to alternative offerings. It\u2019s important to note that Microsoft\u2019s Azure Blockchain was originally created from a sandbox-style service in 2015 on Ethereum in partnership with ConsenSys. In 2019, the solution was offered as a fully managed blockchain-as-a-service, or BaaS. <\/p>\n<p>Fast forward to 2021, and a recent blog post from Microsoft <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/docs.microsoft.com\/en-us\/azure\/blockchain\/service\/migration-guide\">states<\/a> that Azure users must now &#8220;migrate ledger data from Azure Blockchain Service to an alternate offering.&#8221; The article further recommends for users to move to the Quorum Blockchain Service, or QBS.<\/p>\n<p>For context, QBS is a managed offering by ConsenSys on Azure that supports Quorum as ledger technology. Quorum allows enterprise clients to build blockchain solutions on the public Ethereum mainnet, along with private networks. <\/p>\n<p>Emmanuel Marchal, global head of sales for the blockchain software firm ConsenSys, told Cointelegraph that given ConsenSys\u2019 ownership of Quorum, along with the company\u2019s long-term relationship with Microsoft, it makes sense for Microsoft to join with ConsenSys:<\/p>\n<blockquote><p>&#8220;ConsenSys is providing migration from the Azure Blockchain Service to the Quorum Blockchain Service offered on Azure. This has always been a part of our strategic relationship, to make sure that Azure customers have an enterprise-grade managed blockchain service with Quorum.&#8221;<\/p><\/blockquote>\n<p>Marchal further noted that ever since ConsenSys gained ownership of Quorum from JPMorgan last year, the company has been focused on bringing novel technology to market. This includes having a managed service for Quorum. Based on the strong relationship between ConsenSys and Microsoft, Marchal explained that &#8220;It makes sense to transition the Azure Blockchain Service users to QBS as the recommended migration strategy.&#8221;<\/p>\n<p>As such, Marchal shared that ConsenSys has been working actively with dozens of Azure Blockchain users to help them plan their migration to QBS. &#8220;The goal is for a collaboration between Microsoft and ConsenSys to ensure a seamless migration from one service to the other,&#8221; he said. Microsoft announced that its Azure Blockchain Service will be &#8220;retired&#8221; on Sept. 10, and users must be migrated to QBS or an alternative service before then.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_this_good_news_for_Microsoft\"><\/span>Is this good news for Microsoft?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Although it may seem unfortunate that Microsoft\u2019s Azure Blockchain Service is coming to an end, Marchal views this shift as an advancement. &#8220;ConsenSys maintains open-source Quorum technology. Azure Blockchain Service users using that private technology remain in good hands with ConsenSys moving forward, and we are confident about this migration.&#8221;<\/p>\n<p>Moreover, from the Microsoft Azure Blockchain Service user perspective \u2014 which <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/azure.microsoft.com\/en-us\/services\/blockchain-service\/#pricing\">includes <\/a>major corporate customers such as JPMorgan, GE Aviation, Singapore Airlines, Starbucks and Xbox \u2014 the migration to QBS may not have much of an impact. For instance, global blockchain lead at Ernst &amp; Young (EY) Paul Brody told Cointelegraph that the Big Four firm\u2019s program with Microsoft and Xbox remains unchanged:<\/p>\n<blockquote><p>&#8220;The Microsoft program to migrate software contracts for the Xbox ecosystem to Ethereum-based smart-contracts continues to gain steam, with over 300 companies now integrated.&#8221;<\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Azure_SQL_adds_an_immutable_ledger\"><\/span>Azure SQL adds an immutable ledger<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Coincidently, Azure SQL \u2014 a managed cloud database provided as part of Microsoft Azure \u2014 is incorporating a ledger feature. This development was recently <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.infoworld.com\/article\/3619887\/new-tools-for-azure-data-at-build-2021.html\">announced<\/a> at Microsoft\u2019s Build 2021 developer event. <\/p>\n<p>According to a Microsoft blog post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/techcommunity.microsoft.com\/t5\/azure-sql\/announcing-azure-sql-database-ledger\/ba-p\/2200401\">published<\/a> on May 25, the &#8220;Azure SQL Database ledger&#8221; will add tamper-evident capabilities to Azure SQL databases. The post further states that the Azure SQL Database ledger will provide a &#8220;simpler solution for centralized systems where strengthening trust between parties is required.&#8221;<\/p>\n<p>It\u2019s also noted that the ledger feature of the Azure SQL Database does not require any migration of data or changes to user <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications. &#8220;You can enable ledger functionality on tables in your database and interact with them the same ways you would for any other tables,&#8221; the post states.<\/p>\n<p>While notable, the Azure SQL Database sounds very similar to Oracle\u2019s crypto-secure data offering, which was announced in March. Juan Loaiza, executive vice president of Mission-Critical Database Technologies at Oracle, previously told Cointelegraph that Oracle has created a crypto-secure data management offering that leverages &#8220;blockchain tables&#8221; within the Oracle database. Loaiza also noted that this feature is different from Oracle\u2019s blockchain platform, which is built on Hyperledger Fabric and is often used for supply chain management.\u00a0<\/p>\n<p>This in mind, another possible enterprise blockchain trend moving forward may be the incorporation of immutable ledgers to enterprise-grade databases, as already demonstrated by both Oracle and Microsoft. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Will_more_enterprises_shift_to_public_systems\"><\/span>Will more enterprises shift to public systems? <span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In regard to Microsoft\u2019s migration to a solution powered by enterprise Ethereum, Brody remarked that EY is seeing an overall trend, where companies are shifting their focus toward public blockchains and closing down their private-blockchain-centric hosting businesses. &#8220;With nearly 15,000 nodes for Bitcoin and Ethereum combined running out there, everyone is seeing the much bigger public business as the priority,&#8221; he said.<\/p>\n<p>Although this may be the current trend, it\u2019s noteworthy to mention that some enterprise solutions are continuing to rely on private networks. <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> manager of IBM AI Apps and Blockchain Kareem Yusuf told Cointelegraph that enterprises are continuing to invest in blockchain networks, and many select permissioned blockchains to solve complex industry challenges:<\/p>\n<blockquote><p>&#8220;Among enterprises, collaboration and trusted data sharing are essential, and for many, permissioned networks provide the assurance they require. In the future, we expect that we&#8217;ll see more intersection of public and private networks.&#8221;<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/as-microsoft-azure-closes-shop-consensys-quorum-opens-up-to-new-users\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users &#8221; Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely&#8230;<\/p>\n","protected":false},"author":1,"featured_media":262694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvNjMzOWFlOGMtYTg5Yy00YjRmLWIxYjUtZWUzNDMyMzQwNTc0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,76402,75885,74891,101291,117,70286,4965],"class_list":["post-262693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-consensys","tag-enterprise","tag-ethereum","tag-quorum","tag-business","tag-microsoft","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/262693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=262693"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/262693\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/262694"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=262693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=262693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=262693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}