Microsoft, ConsensYs launch cloud-based blockchain platform for financial institutions

Microsoft, ConsensYs launch cloud-based blockchain platform for financial institutions

Store employees jump and cheer for the grand opening of a flagship Microsoft Corp. retail store in New York, October 26, 2015. REUTERS/Lucas Jackson/Files

Microsoft launched a cloud-based blockchain platform on Tuesday with Brooklyn-based start-up ConsensYs, which will allow financial institutions to experiment cheaply and easily with the technology underpinning bitcoin.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter