Bond.One Taps Fully Managed Azure Blockchain Service For Debt Capital Market Infrastructure

Blockchain, News | May 7, 2019 By:

Bond.One, a company building a digital infrastructure for the future of debt capital markets, has announced that it is one of the inaugural users of the new Microsoft Azure Blockchain Service.

Microsoft recently unveiled a fully-managed Azure Blockchain Service that would simplify the formation, management and governance so that businesses can focus on workflow logic and application development. In a blog post, Microsoft said that “with a few simple clicks, users can create and deploy a permissioned blockchain network and manage consortium policies using an intuitive interface in the Azure Portal.”

Bone.One, which aims to help broker-dealers and other intermediaries realize the benefits of distributed ledger technology (DLT), has been using the Azure Blockchain Service for the past five months to develop a prototype of the company’s platform to originate and administer digital debt securities. The new Azure Blockchain Service will reportedly allow the firm to deploy global, scalable infrastructure for debt capital markets.

The company said that they selected the Azure Blockchain Service because of its ability to efficiently build and deploy sophisticated smart contract technology, while allowing for superior customization and rapid implementation timelines due to the preconfigured system architecture that the service provides.

“Our team of developers have had an overwhelmingly positive experience utilizing the Azure Blockchain Service,” said John Mizzi, Chief Strategy Officer at Bond.One. “We are able to build, test and deploy solutions using our fully automated CI/CD Azure DevOps pipeline, which is only possible because of the speed and stability Azure Blockchain Service provides. Working with Microsoft allows our company—and many others—to create the solutions that are moving blockchain from promising idea to proven implementation.”