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Microsoft Is Interested In Ripple

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 Interledger Protocol. The excerpt also elaborates on Microsoft’s broader blockchain initiatives and its collaborations with other blockchain platforms.

Microsoft’s Broader Blockchain Strategy

The attached document shows that Microsoft has been integrating blockchain technologies into its cloud platform Azure, with a focus on providing enterprise solutions.

According to the document, Microsoft partnered with ConsenSys to develop applications using Ethereum’s blockchain, enabling companies to execute smart contracts, track transactions, and update contracts efficiently.

The company reportedly 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.

Ripple’s Role Through Interledger Protocol

The document quoted by SMQKE explicitly states that Microsoft “recently expressed interest in adding new functionalities to its blockchain toolkit through Ripple’s Interledger Protocol.” This indicates Microsoft’s recognition of ILP’s capabilities to facilitate interoperability across different payment ledgers.

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.

Implications of Microsoft’s Interest

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.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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