What problem does this service solve?

Insolar hopes to create an enterprise blockchain that will be more scalable and easier to use than current platforms.Microsoft's BaaS solution provides customers with a set of templates that easily be configured and will deploy a variety of blockchain structures.

Token Stats

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Company Description

Insolar is a blockchain technology company that is developing an open source enterprise-grade blockchain platform. Their goal is to allow companies to transition their existing business processes, and data systems, to an enterprise blockchain that will create efficiencies and new revenue sources. Insolar also provides blockchain consulting services for companies in need of distributed ledger solutions. The company was originally focused on using blockchain to improve supply chains and logistics in the grocery industry, but they have since expanded their scope. Their network is currently powered by the Ethereum-based INS token.

Microsoft Blockchain on Azure allows companies to deploy distributed ledger applications with minimal blockchain knowledge. Microsoft is the biggest software company in the world, and its BaaS solution has a number of advantages. Clients are able to quickly create a fully configured blockchain network, allowing them to on focus on building their applications. Customers are charged for the storage, networking, and computing resources that they consume.