NexGen Tech News

In nexgentechnews.blogspot.com site you can get Next Generation Technology related News

Monday 5 November 2018

Blockchain as a Service - Deploying Ethereum Blockchain in MS Azure


Blockchain as a Service - 



Deploying Ethereum Blockchain in MS Azure

Here, I am writing my first ever wiki\blog on block chain, and I am sharing whatever I have learnt so far. This article will not go to the details of the Block Chain technology in details as many of us knows already that Blockchain is the underlying technology behind cryptocurrencies, however, it's way more than simply a virtual currency. It is a composite of existing database, distributed system, and cryptographic technologies that enables secure multi-party computation with guarantees around immutability, verifiability, auditability, and resiliency to transactions.
There are so many different way to implement, and Ethereum is one of them, with several different implementations, and again we will not go into the details of the Ethereum protocol, implementations, architecture, or public network, but however it’s still important to know a simple application and network architecture to better understand that different deployment option are now available.




There are so many different way to implement, and Ethereum is one of them, with several different implementations, and again we will not go into the details of the Ethereum protocol, implementations, architecture, or public network, but however it’s still important to know a simple application and network architecture to better understand that different deployment option are now available.
Just to high level as applications interacting with databases today, Similarly :
· Decentralized applications will communicate and execute logic against the Ethereum blockchain.
· A private Ethereum network consists of a peer-to-peer decentralized network of nodes.
· These nodes maintain a copy of the data store (i.e. distributed ledger).
· Nodes run a Ethereum virtual machine to support computation\transactions against the ledger.
· Smart contracts are the mechanism that allows for this complicated computation on the network, similar to stored procedures on traditional databases.



BLOCKCHAIN-AS-A-SERVICE:

· Sometime it can be very hard to setup a private Blockchain network.

· SaaS business offering the users to deploy any Blockchain technology network using a few clicks without jumping deep into the

· technology.

· Easy way to test the Blockchain & do the PoC.

· Rather than setup the how-to of the Blockchain network, you can focus more on your use case

There are many cloud service providers like Oracle, SAP, HP, IBM, AZURE who provide blockchain as a service but AZURE is first one who offer BaaS when it launched Azure Blockchain service in 2015.

Why BAAS from AZURE:

· As an open, flexible, and scalable platform, Azure supports a rapidly growing number of distributed ledger technologies

· Types of Blockchains supported are already high

· At one place you can launch any type of Blockchain quickly i.e. Ethereum, BlockApps, Chain Core, Emercoin etc.

· Their intelligence services, like Cortana Intelligence Suite, provide unique data management and analysis capabilities that no other platform is able to offer.

· The vast Microsoft partner ecosystem extends the capabilities of their platforms and services in a way to fit specific roles and industry needs.

To begin, you'll would like AN Azure subscription which will support deploying many virtual machines and commonplace storage accounts. If you do not have an Azure subscription, you can create a free Azure account with credit $200 USD use within 30 days.

Here, attached detailed steps to how to deploy Ethereum Blockchain in MS Azure.

Happy learning !! & Thank you for your valuable time. Really Appreciate, if you share your valuable feedback.

No comments:

Post a Comment