Microsoft is partnering with JPMorgan Chase on its blockchain product

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Microsoft is partnering with JPMorgan Chase on its blockchain product
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Microsoft said it has teamed up with JPMorgan Chase to boost the financial services company's blockchain platform.

Microsoft is teaming up with JPMorgan Chase to help boost the financial services giant's blockchain platform, the companies said Thursday.

Quorum will be the first ledger available on the Azure blockchain platform, Mark Russinovich, chief technology officer of Microsoft's cloud services division, said in a blog post. "It integrates with a rich set of open-source tools while also supporting confidential transactions—something our enterprise customers require," he said.

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