Ethereum News Today: Microsoft Explores Ripple’s Interledger Protocol for Azure Blockchain Toolkit


Microsoft has shown a keen interest in Ripple’s Interledger Protocol (ILP), as highlighted by crypto researcher SMQKE. The researcher cited documented evidence that
is exploring the use of ILP to enhance its blockchain toolkit. This development is part of Microsoft’s broader strategy to integrate blockchain technologies into its cloud platform, Azure, with a focus on providing enterprise solutions.According to the documentation, Microsoft has been working on integrating blockchain technologies into Azure, partnering with ConsenSys to develop applications using Ethereum’s blockchain. This collaboration allows companies to execute smart contracts, track transactions, and update contracts efficiently. Microsoft has also claimed that its blockchain-based services would not be dependent on Bitcoin and that Ethereum-based systems could offer transaction speeds up to 40 times faster than Bitcoin-based blockchains.
The Interledger Protocol, created by Ripple, is described as a free, open-source, and neutral web protocol that enables different ledgers to interact seamlessly. The document also refers to Ripple as one of the top-funded FinTech startups, underlining its prominence in the development of cross-border payment solutions. Microsoft’s interest in ILP indicates its recognition of the protocol’s capabilities to facilitate interoperability across different payment ledgers.
SMQKE’s tweet and the accompanying excerpt underscore the significance of a technology giant like Microsoft considering Ripple’s Interledger Protocol for expanding its blockchain services. The documentation cited shows that Microsoft viewed ILP as a valuable component to enhance its toolkit, which already included Ethereum-based solutions and integrations on Azure. Given Ripple’s focus on interoperability and efficient cross-ledger transfers, Microsoft’s documented interest suggests a potential acknowledgment of ILP’s suitability for enterprise-grade blockchain infrastructure.
SMQKE’s post drew attention to a verifiable instance where Microsoft’s blockchain strategy intersects with Ripple’s innovations, specifically the Interledger Protocol. The excerpt he shared provides written evidence that Microsoft was exploring the integration of ILP to improve its blockchain offerings. This disclosure aligns with Microsoft’s ongoing efforts to support diverse blockchain technologies and create adaptable solutions for its enterprise customers.

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