Bitcoin Weekly 2016 March 23: Microsoft adds Tindermint to Azure BaaS, Elliptic raises $5m Series A, Wirex Bitcoin debit card, BitPay block size BIP

By March 23, 2016Bitcoin Business

Blockchain technologies expand this week as Microsoft adds Tindermint, a blockchain architecture company, to the company’s Azure cloud Blockchain-as-a-Service product. And Elliptic, a Bitcoin blockchain surveillance and auditing company, raised $5 million in Series A funding.

Competition is increasing for cards that use bitcoin as a back-end with Wirex’s launch of additional services for its debit card. The Bitcoin debit card space now has Coinbase, Xapo and Wirex–although Coinbase is still the only one available in the U.S.

BitPay continues to offer new standards and ideas for the Bitcoin community itself with the release of a Bitcoin Improvement Proposal (BIP) regarding the recent debates over Bitcoin blockchain block size scalability.

And the Japanese gaming world just got a little more Bitcoin friendly as online gaming site Gesoten added bitcoin payments for subscriptions and in game purchases.

This week Bitcoin market value sit at about $421.19 ( BitcoinAverage.com ), which is about where it was last week. Over the progression of the week since the last Bitcoin Weekly market value dipped down near $405 March 18, stayed there for a day, then recovered to $410, before finally jumping back up near $420 again March 21. Microsoft adds Tendermint to its Azure cloud Blockchain-as-a-Service platform

Microsoft’s Azure cloud Blockchain-as-a-Service (BaaS) platform added Tendermint , a next generation blockchain architecture, to its stable of blockchain services.

“We are proud to announce our partnership with Microsoft,” said Jae Kwon, CEO and founder of Tendermint. “We’ll be integrating Microsoft Azure Cloud into our MintNet blockchain deployment tool and testing large-scale blockchain networks hosted on Azure Cloud.”

Over the past months, Microsoft has added numerous blockchain infrastructure technologies to its BaaS platform. In January 2016, Microsoft added Bitcore (from BitPay, Inc.) allowing the instantiation of Bitcoin nodes on the BaaS platform. In December 2015, Microsoft added blockchain services from Eris […]

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