Microsoft is closing down its Azure Blockchain Service
Microsoft has announced that its Azure Blockchain Service is to close down this fall. The end date for the complete closure is September 10, but the company has already put a stop on new deployments and signups.
No big announcement has been made about the closure of the service which has been around since 2015 when Microsoft partnered with ConsenSys. The decision leaves existing users with just four months to find an alternative home for their ledgers.
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Microsoft has not given any reason for shutting down Azure Blockchain which will inevitably lead to speculation. Until the company does offer up an explanation -- any requests for details have garnered no response – we can only assume that the decision stems from a lack of customers, increasing costs, or general streamlining.