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Blockchain Foundry announces launch of three Syscoin blockchain offerings on Microsoft Azure

Blockchain Foundry Inc. has announced a major milestone in the form of Microsoft Azure product certification for three products powered by the Syscoin blockchain.

Syscoin, a blockchain protocol facilitating secure trading of goods, assets, digital certificates, and data, established Blockchain Foundry Inc in Toronto in August 2016. The company is primarily responsible for the ongoing development and maintenance of the Syscoin project.

With the latest announcement, Blockchain Foundry’s Azure offerings now include

  • Syscoin Full Node: A fully hosted version of the Syscoin blockchain.
     
  • Syscoin Price Peg Server: A server application for maintaining exchange rates between the Syscoin token and other supported digital and fiat currencies.
     
  • Syscoin API Server: An API server for interacting with Syscoin’s decentralized service network.

“Microsoft Azure has been instrumental in helping us to realize our vision of becoming a leading provider of innovative blockchain services,” said Dan Wasyluk, President and CEO of Blockchain Foundry. “They have been an extraordinary partner as we have scaled up our organization and we look forward to continued collaboration in the future.”

"With these new product releases, we are opening the door for any developer who uses Azure to easily participate in the development of decentralized applications, using the service layer that the Syscoin blockchain provides. This is the next step in our long term strategy of positioning Syscoin for use in large-scale enterprise applications", Wasyluk added.


In March 2016, Syscoin became an official development partner with Microsoft Azure via their Blockchain as a Service (BaaS) platform.

"The Microsoft Azure team has collaborated with the Syscoin team since March 2016, and we are pleased to support the launch of their first three products on the Azure platform. They are a valued partner in the Azure Blockchain ecosystem and we look forward to continuing work with the Company”, Marley Gray, Principal Program Manager, Microsoft Azure Blockchain Engineering said.

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