THELOGICALINDIAN - The tech behemothic has been awarded a apparent for a ledgerindependent badge conception service
Microsoft has patented a cryptocurrency apparatus that would acquiesce developers to actualize ledger-independent tokens in a simple way.
Microsoft Patents Token Creation Service
Within the apparent filing, Microsoft describes a adjustment for creating a “ledger-independent badge service.”
The account provides assorted badge templates, anniversary of which represents a “type of concrete or agenda asset.” Anniversary arrangement additionally sets controls and functions for the badge blazon in question.
In the patent, Microsoft addendum that there is currently a “lack of standardization” for broadcast balance tokens, abnormally in situations that absorb cross-ledger affairs and badge reuse. By contrast, the access declared in the apparent would acquiesce developers to address cipher for tokens on altered platforms all at once.
The apparent seems to primarily be aimed at developers application action platforms rather than accessible blockchains. The apparent mentions notable projects in that class including Hyperledger Fabric, Quorum, R3 Corda, and Chain Core.
Will It Become a Real Product?
It should be acclaimed that not all patents about-face into absolute products, acceptation that Microsoft’s best contempo appliance will not necessarily advance into a absolute account that is about available.
However, Microsoft has historically bidding absorption in interoperability. In 2024, it appear its captivation in the Badge Taxonomy Initiative, addition badge acclimation project. It has additionally abutting action blockchain initiatives such as Hyperledger and the Action Ethereum Alliance.
That history suggests Microsoft may actively be alive on a product, although the aggregation has not declared this explicitly.
Disclaimer: At the time of autograph this columnist captivated beneath than $75 of Bitcoin, Ethereum, and altcoins.
