How To Use Azure Blockchain Service


Blockchaincouncil

Uploaded on Mar 23, 2020

Category Education

I hope you have now gained a fair idea about the Azure Blockchain Service. To get instant updates about blockchain certifications and to become a blockchain expert, check out Blockchain Council.

Category Education

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How To Use Azure Blockchain Service

Copyright © Blockchain Council www.blockchain-council.org 1 How to Use Azure Blockchain Service The market for cloud services is currently growing at a rapid pace. All modern technologies like artificial intelligence, machine learning, the Internet of Things (IoT), big data analytics, and web and mobile app hosting require heavy computing power. Copyright © Blockchain Council www.blockchain-council.org 2 What Is Azure Blockchain Service? Azure is a cloud computing platform that has been developed by Microsoft for creating, testing, deploying, and managing applications. It is a fully managed ledger service that helps users grow and operate blockchain networks at scale in Azure. It has the ability to support multiple ledger protocols. It offers unified control for blockchain network governance and infrastructure management. It offers the following: Copyright © Blockchain Council www.blockchain-council.org 3 ● Built-in consortium management. ● Easy network deployment and operations. ● The ability to build smart contracts using familiar development tools. Copyright © Blockchain Council www.blockchain-council.org 4 Azure - Network Deployment and Operations Azure Blockchain Service is developed through the Azure CLI, Visual Studio Code, or the Azure portal with the assistance of the Azure Blockchain extension. Network deployment is made simple in the Azure Blockchain Service and it including provisioning both the validator and transaction nodes and Azure Virtual Networks for service-managed storage and security isolation. Copyright © Blockchain Council www.blockchain-council.org 5 When a new member is deployed, users join or create a consortium. Consortiums allow multiple parties in several Azure subscriptions to be able to communicate securely with each other on a shared blockchain. This simplifies blockchain network deployment to a great extent and reduces the time from days to minutes. Copyright © Blockchain Council www.blockchain-council.org 6 Performance and Service Tiers The two service tiers offered in Azure Blockchain Service are basic and standard. Each tier offers several capabilities and performance to support lightweight development and also allows the testing of workloads to massively scaled production blockchain deployments. Both these tiers include two validator nodes (standard), one validator node (basic), and one transaction node. Copyright © Blockchain Council www.blockchain-council.org 7 Maintenance And Security Once you provision your first blockchain member, you will be able to add additional transaction nodes to your member. Transaction nodes need configuration for access and are safeguarded through firewall rules. Apart from firewall rules, the other options that can be used for securing transaction node access are access keys, basic authentication, and Azure Active Directory integration. Copyright © Blockchain Council www.blockchain-council.org 8 Built - in Consortium Management As mentioned earlier, at the time of deploying the first blockchain member, you will either join or create a consortium. A consortium can be understood as a logical group that manages the connectivity and governance between blockchain members who transact in a multi-party process. Copyright © Blockchain Council www.blockchain-council.org 9 Azure offers governance controls through pre-defined smart contracts that determine the actions members present in the consortium are allowed to take. The administrator can customize the governance controls as and when needed. You must have an invite to join a consortium. Consortium management actions like removing and adding members from a consortium can be accessed through a REST API and Power Shell. Cop y r ig ht © Blockchain Council www.blockchain-council.org 10 Conclusion I hope you have now gained a fair idea about the Azure Blockchain Service. To get instant updates about blockchain certifications and to become a blockchain expert, check out Blockchain Council. Copyright © Blockchain Council www.blockchain-council.org 11 Blockchain Council Certifications You can check out our certifications, and kick start your career in the Blockchain space today. ● Certified Blockchain Expert ● Certified Blockchain Developer ● Certified Smart Contract Developer ● Certified Solidity Developer ● Certified Ethereum Developer Copyright © Blockchain Council www.blockchain-council.org 12 THANK YOU! Any questions? You can mail us at [email protected] Copyright © Blockchain Council www.blockchain-council.org 13