Have you bought these coins? Microsoft Azure Blockchain as a Service BaaS platform adds 9 new digital currencies

Microsoft Azure announced the addition of nine new digital currencies to its Blockchain as a Service (BaaS) developer environment: Jambucks, Bitswift, Storj, Vcash, Shadow, Blocknet, Blitz, Gamecredits and Okcash.

Marley Gray, Microsoft's head of business development and strategy for cloud platform and enterprise, also announced the appointment of two new bloggers to the Azure BaaS platform. Yorke Rhodes, global business strategist, will now be on the Azure BaaS platform.

Jason Albert, Microsoft’s assistant general counsel for blockchain, will be responsible for blogging updates on the company’s work with the Council for Digital Commerce (CDC), which Microsoft recently joined.

In a blog post today, Gray explained that Microsoft decided to join the CDC in the hope of helping to establish a suitable regulatory framework for distributed ledgers and digital currencies.

Marley Gray

Gray said:

As we work with other companies and organizations in the industry to explore the potential of blockchain, it is also important to engage with regulators and policymakers to understand their views on distributed ledgers.

Gray stressed the importance of regulation in ensuring criminals do not have a foothold in digital currencies, and he also noted that the distributed ledger industry is still in its infancy.

“Even if particular applications of distributed ledgers are regulated, it is important to recognize that other applications are evolving or emerging, and these applications need to be free to develop and grow.”