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Microsoft Is Interested In Ripple
Microsoft has taken a significant step in the blockchain and cryptocurrency space by expressing interest in using Ripple’s Interledger Protocol (ILP). This move is expected to have far-reaching implications for the industry, particularly as it concerns cross-border transactions.
A recent tweet by crypto researcher SMQKE highlights this development. The tweet quotes an excerpt from a document that confirms Microsoft’s interest in integrating ILP into its blockchain toolkit on Azure. This integration could allow Microsoft to offer more efficient and scalable blockchain-based solutions to its customers.
The move demonstrates Microsoft’s commitment to supporting diverse blockchain technologies and creating adaptable solutions for its enterprise clients. As part of this effort, the company has been exploring various blockchain platforms and their capabilities.
Microsoft’s interest in Ripple’s Interledger Protocol is a significant development that could have major implications for the financial sector. The Interledger Protocol is an open-source protocol designed to facilitate seamless communication between different blockchain networks.
Source: timestabloid.com
