Blockchain

Develop, test, and deploy secure blockchain apps

What is a blockchain?

Blockchain is a transparent and verifiable system that 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 that’s 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’re 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

Blockchain workflow applicationBusinesses use blockchain to digitize workflows they share with other organizations, such as moving physical assets across supply chains. The anatomy of blockchain apps is similar across use cases. Here, we use Azure Blockchain Service as the foundational managed blockchain network and build a consortium application that can ingest signals from relevant user interfaces and communicate ledger data to consuming apps across the consortium.11234556
  1. Overview
  2. Flow

Blockchain workflow application

Overview

Businesses use blockchain to digitize workflows they share with other organizations, such as moving physical assets across supply chains. The anatomy of blockchain apps is similar across use cases. Here, we use Azure Blockchain Service as the foundational managed blockchain network and build a consortium application that can ingest signals from relevant user interfaces and communicate ledger data to consuming apps across the consortium.

Flow

  1. 1 Relevant apps, devices, and data sources send events or data to a message broker (Azure Service Bus).
  2. 2 The distributed ledger technology (DLT) consumer Logic App fetches the data from the Service Bus and sends to transaction builder which builds and signs the transaction.
  3. 3 The signed transaction gets routed to Azure Blockchain Service (fully managed Ethereum consortium network) via a ledger-specific Logic App connector.
  4. 4 The DLT watcher Logic App gets confirmation of the transaction commitment to the blockchain and sends the confirmed blockchain transactions to off-chain databases and storage.
  5. 5 Information is analyzed and visualized using tools such as Power BI by connecting to off-chain database
  6. 6 Message broker sends ledger data to consuming business process applications.
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.12345678
  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's 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 analyzed and visualized 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

12 TB VMs, Expanded SAP partnership on Blockchain, Azure Monitor for SAP Solutions

A few months back, at SAP’s SAPPHIRE NOW event, we announced the availability of Azure Mv2 Virtual Machines (VMs) with up to 6 TB of memory for SAP HANA. We also reiterated our commitment to making Microsoft Azure the best cloud for SAP HANA.

Corporate Vice President, Microsoft Azure

The Marco Polo Network uses Azure and Corda blockchain to modernize trade finance

The Marco Polo Network is now generally available on Azure to help both trade banks and corporations take advantage the R3 Corda distributed ledger to better facilitate global trade in this ever-changing world. Regardless of what headlines will lead you to believe, international trade is the lifeblood of the modern global economy.

Principal Program Manager, Azure Global Multiparty Engineering

Rapidly develop blockchain solutions, but avoid the complexities

After first emerging as the basis for the Bitcoin protocol, blockchain has since gained momentum as a way to digitize business processes that extend beyond the boundaries of a single organization. While digital currencies use the shared ledger to track transactions and balances, enterprises are coming together to use the ledger in a different way.

Principal Manufacturing Industry Lead, Azure Industry Experiences Team

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