Microsoft announced the closure of its Azure Blockchain service later this year, which will allow users to migrate their accounting data before September 10, 2021.
Blockchain is the technology popularized for its use in cryptocurrencies. However, its rugged, distributed, and virtually tamper-proof nature makes it attractive to all types of industries.
Microsoft has made several attempts to offer Blockchain as a service successfully through its Azure cloud computing platform dating back to 2015. In its latest incarnation, the Azure Blockchain service aimed to simplify the formation, administration and governance of the network consortium blockchain, freeing up companies to focus instead on workflow logic and application development.
While the service includes GE, JP Morgan, Singapore Airlines, Starbucks, and Xbox as customers, ZDNet says it hasn't received much attention from Microsoft lately.
Migrate to alternatives
Microsoft documentation suggests some alternatives for users to migrate their records.
The recommended migration destination is the ConsenSys Quorum Blockchain service, another fully managed blockchain offering that runs on Azure and supports Quorum as an accounting technology.
"By working closely with ConsenSys, we will be able to provide our customers with an easy way to deploy and manage their blockchain controllers and production use cases that run on Microsoft Azure," said Mark Russinovich, CTO of Microsoft Azure.
The other alternative suggested by Microsoft is for users to manage their blockchains themselves using infrastructure as a service (IaaS) virtual machines.