Microsoft wants to make Bitcoin easier for banks
Microsoft no longer solely counts on Windows 10 to pay the bills. With CEO Satya Nadella at the helm, it’s also betting heavily on cloud services, and just revealed an interesting new one: Bitcoin-style encryption. Redmond joined forces with startup ConsenSys on a platform called Ethereum to help business to play around with the blockchain tech used in crypto-currency. The move is well-timed, as banks are starting to get seriously interested in BItcoin-style currency. However, Microsoft said that Bitcoin applications are “just scratching the surface of what can be done when you mix cryptographic security [with the] reliability of blockchain.”
Via: Reuters
Source: Microsoft
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