Ethereum Blockchain as a Service (EBaaS)

Ethereum Blockchain as a Service (EBaaS) is a service on the Microsoft Azure platform that provides the ability to create blockchain applications on the Ethereum platform.

Ethereum uses the so-called SmartContracts Smart contracts("") - these are programs that "live" on the Ethereum network and perform a number of actions every time they receive a transaction.

2022: Sberbank launched an educational program on decentralized finance

Laboratory blockchain Sberbank SberUniversitet and launched educational a program on the basics of decentralized (finance DeFi). This was announced on November 30, 2022 Alexander Nam, by the director of the Sberbank Blockchain Laboratory. More. here

2018: Integration with Doxis4Cloud

SER, a European developer of ECM systems, announced the integration of blockchain technology and the Doxis4Cloud ECM platform in January 2018.

In addition to the existing security measures, a POS module was added to the Doxis4Cloud solution. It catalogs all Doxis4 documents and their versions in Ethereum so that any user can make sure that the document is Doxis4Cloud and authentic. Read more here.

2017: Integration with PostgreSQL

On September 14, 2017, the Russian company Postgres Professional announced the creation of a prototype of the Posthereum expansion to integrate a fully functional DBMS PostgreSQL blockchain Ethereum platform designed to register transactions with any type of assets based on a smart contract system. According to the company, large Russian banks, corporations and government agencies working with PostgreSQL DBMS will be able to combine this development databases with Ethereum-based blockchain applications. More. here

2015: Microsoft and ConsenSys launch EBaaS on Azure platform

On November 9, 2015, Microsoft, together with partner ConsenSys, offered users of the Microsoft Azure cloud platform a service called Ethereum Blockchain as a Service (EBaaS). It will allow you to create applications based on block chain technology, by analogy with the one on which the Bitcoin cryptocurrency is based. ^[1].

Product Logo (2015)

As of November 12, 2015, two tools are available to Microsoft customers as part of a new offering: Ether.Camp - an integrated development environment and BlockApps - a full-century platform for developing blockchain-based applications.

The Ethereum platform, on which the EBaaS service is created, allows developers to create and distribute decentralized applications. Ethereum uses so-called SmartContracts - these are programs that "live" on the Ethereum network and perform a number of actions every time they receive a transaction.

Contracts can store data, send and receive transactions, interact with other contracts holding data of a third party. They are supported by a network without shared ownership or central control. Contracts can be written in Solidit, similar to, JavaScript or Serpent, similar to Python.

A number of companies, including IBM, are interested in applying block chain technology to the commercial sector. Mainly in the finance sector. The most popular product based on blockchain technology is the Bitcoin cryptocurrency, created in 2009.

A chain of blocks is a kind of open book of receipt and expense operations. When a user of the system decides to make a transaction, he announces it publicly, and his transaction data is written to the block. When a block reaches certain sizes, it is written to the end of the block chain.

Microsoft said that the decision to launch a new service that allows companies to create applications based on blockchain technology was made after analyzing market demand. The corporation realized that this technology is in demand, but not everyone has the opportunity to try it out due to the complexity and inaccessibility of the tools.

The Ethereum platform is chosen because it offers sufficient flexibility and extensibility that customers expect to receive.

According to the partner companies, Ethereum Blockchain as a Service from Microsoft and ConsenSys will allow financial institutions to safely and cost-effectively study the principles of blockchain technology in a closed-loop development-test-production environment. They will be able to create private, public and public environments of block chains based on one of the best scaffolds on the market. In addition, Cortana Analytics (machine learning), Power BI, Azure Active Directory, O365 and CRMOL will be available to developers. They will be able to integrate all these components into the next generation of decentralized applications under development.

See also

• Ethereum (company and platform)
• Blockchain
• Bitcoin (Bitcoin) Cryptocurrency
• Projects based on blockchain technology
• Ethereum (cryptocurrency)

Notes