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Lisk Raises Over $1.9 Mln In ICO; Partners With Microsoft's Azure Blockchain as a Service Platform
Lisk, a decentralized applications and sidechain platform, has announced that it has raised over 4600 BTC in their Initial Coin Offering (ICO) so far. Last month, List announced a partnership with cryptocurrency exchange platform ShapeShift.io to host its ICO.
Lisk started ICO on the 22nd of February 2016. In just a little over three weeks, it has already raised over 4600 BTC, or more than 1.9 Million USD. The ICO will end on the 21st March, 2016.
In addition, Lisk announced that it has also been added to the Microsoft's Azure Blockchain as a Service (BaaS) program, following its strategic partnership with the research lab Chain of Things.
“We are pleased to announce a partnership with Microsoft Azure to bring the Lisk decentralized application platform to the Azure cloud. As a first step Microsoft Azure has officially integrated Lisk into its Azure Blockchain as a Service (BaaS) program — meaning developers worldwide can develop, test, and deploy Lisk decentralized applications using Microsoft’s Azure cloud computing platform and infrastructure”, said CEO Max Kordek & CTO Oliver Beddows in an online post.
Lisk joined forces with Chain of Things (CoT) to investigate merging points for blockchain technology and the Internet of Things. The CoT Research Lab will assess whether blockchain technology can be effective in establishing security using IoT. It will seek to test the feasibility of blockchain based Internet of Things applications on a global scale.
"Alongside existing partners Ethereum and IOTA, Lisk will fulfill an important advisory role at the Chain of Things research lab. Therefore, by working in collaboration with the participating members to create an open standard for the industry, we hope that our contributions will bring great success to this shared initiative”, Kordek said in an official Lisk blog post.