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Microsoft Announces New Platform For Easy Production of Blockchain Tokens

The platform is expected to provide these businesses with templates, which will consistently be improved on and added to, that will all tally with requirements as laid down by the Token Taxonomy Initiative (TTI) which is a consortium with a focus on proper standards for blockchain tokens. Gray said:

“We are creating a platform in the cloud where any token within the TTI framework can snap into place. So you can build applications where you want to use tokens with, for example, Dynamics, SAP, applications in the [Microsoft] Office suite or some other business automation process.”

Microsoft recently joined Intel, to back the Enterprise Ethereum Alliance (EEA), to create a system for encouraging business with reward tokens.

Image Credits: Pixabay

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