Microsoft Is Interested In Ripple
Main Idea
Microsoft has shown interest in Ripple's Interledger Protocol (ILP) as part of its broader blockchain strategy, potentially integrating it into its Azure cloud platform to enhance interoperability and cross-ledger transfers.
Key Points
1. Crypto researcher SMQKE highlighted Microsoft's documented interest in Ripple's Interledger Protocol (ILP), citing a publication that confirms its potential use in Microsoft's toolkit.
2. Microsoft has been actively incorporating blockchain technologies into Azure, including partnerships with ConsenSys to develop faster blockchain solutions.
3. The Interledger Protocol (ILP) by Ripple is described as a free, open protocol designed to facilitate seamless cross-ledger transactions.
4. Microsoft's interest in ILP suggests a recognition of its suitability for enterprise-grade blockchain infrastructure, aligning with its focus on interoperability and efficiency.
5. The disclosure aligns with Microsoft's broader efforts to support diverse blockchain solutions, including Ethereum-based integrations on Azure.
Description
Crypto researcher SMQKE has highlighted a notable development involving Microsoft’s engagement with blockchain technology, citing documented evidence of the company’s interest in Ripple’s Interledger Protocol (ILP). In a tweet, SMQKE wrote: “ MICROSOFT IS INTERESTED IN USING RIPPLE’S INTERLEDGER PROTOCOL Documented. ” The statement is backed by an excerpt from a publication that confirms Microsoft expressed interest in adding new functionalities to its blockchain toolkit through Ripple’s Interle...
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