Blockchain

Develop, test, and deploy secure blockchain apps

What is a blockchain?

Blockchain is a transparent and verifiable system which will change the way people think about exchanging value and assets, enforcing contracts, and sharing data. The technology is a shared, secure ledger of transactions distributed among a network of computers, rather than resting with a single provider. Businesses are using blockchain as a common data layer to enable a new class of applications. Now, business processes and data can be shared across multiple organizations, which eliminates waste, reduces the risk of fraud, and creates new revenue streams.

How Blockchain will Accelerate Business Performance and Power the Smart Economy

“When fully automated, blockchain can enforce consistency in execution, assist with dispute resolution, increase accountability, and deliver end-to-end transparency that can inform better business decisions.”

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What are businesses doing with blockchain?

Find out how blockchain is transforming the financial services industry

Explore how blockchain is being applied across the banking, capital markets, and insurance industries. See how blockchain helps financial services institutions eliminate intermediaries, collaborate more efficiently, and create disruptive new business models.

Discover how blockchain can create smarter, more efficient supply chains

Read about how blockchain helps resolve disputes quickly and transparently. Discover how blockchain adds visibility to the corporate supply chain by keeping a single, real-time view which is consistent for everyone.

Learn how blockchain is redefining digital identities and data exchange

A digital identity is everything that defines a person in the digital world. People want more control over the data they share and how long companies can hold on to it. See how businesses are using blockchain to give users autonomy over there personal data.

Why use blockchain on Azure?

Simplify development

Cut development time and experiment easily with modular, preconfigured networks and infrastructure.

Get up and running quickly

Iterate and validate blockchain scenarios quickly by using built-in connections to Azure and tools you are already familiar with.

Innovate with confidence

Keep your data secure and scale when you need to—on an open, trusted, globally available cloud platform.

Customers are doing great things with blockchain on Azure

Ground-breaking insurance blockchain solution runs in Microsoft Azure

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Insurwave

Webjet uses Azure to power Rezchain, a payment reconciliation service for the online travel market

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Webjet

Microsoft uses blockchain to deliver royalty statements to Xbox game publishers faster with significant efforts reduction

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Xbox

Bühler will track crops from farm to fork using blockchain technology

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Buhler

The Monetary Authority of Singapore uses blockchain on Azure for clearing and settlement of securities

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Project Ubin

Interswitch uses Azure Blockchain Workbench to build a more prosperous Africa

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Interswitch

3M uses Azure Blockchain to enable a new label-as-a-service approach for securing their supply chains

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3M

Nasdaq brings blockchain to capital markets with Microsoft Azure

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Nasdaq

Solution architectures

Supply Chain Track and TraceLearn how to use the Azure Blockchain Workbench. Build an asset tracking application for supply chain with a step-by-step flowchart.12345666
  1. Overview
  2. Flow

Supply Chain Track and Trace

Overview

A common blockchain pattern is IoT-enabled monitoring of an asset as it moves along a multi-party supply chain. A great example of this pattern is the refrigerated transportation of perishable goods like food or pharmaceuticals where certain compliance rules must be met throughout the duration of the transportation process. In this scenario, an initiating counterparty (such as a retailer) specifies contractual conditions, such as a required humidity and temperature range, that the custodians on the supply chain must adhere to. At any point, if the device takes a temperature or humidity measurement that is out of range, the smart contract state will be updated to indicate that it is out of compliance, recording a transaction on the blockchain and triggering remediating events downstream.

Flow

  1. 1 IoT devices communicate with IoT Hub. IoT Hub as a route configured that will send specific messages to a Service Bus associated with that route. The message is still in the native format for the device and needs to be translated to the format used by Azure Blockchain Workbench. An Azure Logic App performs that transformation. It is triggered when a new message is added to the Service Bus associated with the IoT hub, it then transforms the message and delivers it to the Service Bus used to deliver messages to Azure Blockchain workbench. The first service bus effectively serves as an "Outbox" for IoT Hub and the second one serves as an "Inbox" for Azure Blockchain Workbench.
  2. 2 DLT Consumer fetches the data from the message broker (Service Bus) and sends data to Transaction Builder - Signer.
  3. 3 Transaction Builder builds and signs the transaction.
  4. 4 The signed transaction gets routed to the Blockchain (Private Ethereum Consortium Network).
  5. 5 DLT Watcher gets confirmation of the transaction commitment to the Blockchain and sends the confirmation to the message broker (Service Bus).
  6. 6 DB consumers send confirmed blockchain transactions to off-chain databases (Azure SQL Database).
  7. 7 Information analysed and visualised using tools such as Power BI by connecting to off-chain database (Azure SQL Database).
  8. 8 Events from the ledger are delivered to Event Grid and Service Bus for use by downstream consumers. Examples of "downstream consumers" include logic apps, functions or other code that is designed to take action on the events. For example, an Azure Function could receive an event and then place that in a datastore such as SQL Server.

Jumpstart your blockchain project on Azure

Get the latest news from the Azure blog

Microsoft driving standards for the token economy with the Token Taxonomy Framework

Today’s announcement of the Token Taxonomy Initiative (TTI) is a milestone in the maturity of the blockchain industry. The initiative brings together some of the most important blockchain platforms from the Ethereum ecosystem, Hyperledger and IBM, Intel, R3, and Digital Asset in a joint effort to establish a common taxonomy for tokens.

Principal Program Manager, Azure Blockchain Engineering

Hyperledger Fabric updates now available

In late 2017, a growing number of customers were interested in using Hyperledger Fabric to build their applications on Azure. At this time, we announced support for this popular offering through the Azure Marketplace.

Senior Software Engineer, Blockchain Engineering

Streamlined development experience with Azure Blockchain Workbench 1.6.0

We’re happy to announce the release of Workbench 1.6.0. It includes new features such as application versioning, updated messaging, and streamlined smart contract development.

Program Manager II, Microsoft Azure

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