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ConsenSys and Microsoft in Partnership to Bring PegaSys Ethereum Suite to Microsoft Azure

The PegaSys Ethereum Suite will now be available to developers on the popular Microsoft Azure Marketplace. This was announced by Brooklyn-based Ethereum development studio ConsenSys on Friday.

According to the announcement, the Azure Cloud will list the following three tools from the PegaSys Ethereum suite: Hyperledger Besu, an open-source Ethereum client for enterprises; PegaSys Plus, which a commercialized version of Besu; and PegaSys Orchestrate, an Ethereum transaction orchestration system that enables organizations to build on any Ethereum network by providing functionality to manage transactions, smart contracts, private keys and more.

Also, the Microsoft Blockchain Development Toolkit will directly support the Hyperledger Besu.

This development adds to the functionality of the Azure Cloud which works similarly to an app store except now for developers. It allows developers to find development tools in a single place, some of which are open-sourced such as Hyperledger and others are commercialized and require purchase agreements to use them such as the PegaSys Plus.

The addition of the PegaSys development suite shows the increasing links between Ethereum-focused development studio ConsenSys and software giant Microsoft both of which are members of the Enterprise Ethereum Association.

“We are excited to see the launch of Hyperledger Besu and PegaSys Plus on the Azure Marketplace. Continuing to advance the enterprise quality and tooling for blockchain networks and development is core to serving the needs of customers using Azure,” Yorke E. Rhodes III, Principal Program Manager, Blockchain Engineering at Microsoft said in a statement.

“In combination with the VS Code Blockchain DevKit for Ethereum, a new standard for blockchain development has been set.” Expressing similar sentiments, a ConsenSys spokesperson added that “These offerings will help developers deploy multi-node networks with explorers, monitoring, and dashboards to run the tools needed to manage a fully-fledged Enterprise Ethereum network.”

Collaborations, partnerships, and integrations may just be the silver bullet that takes blockchain mainstream. Blockchain has proven to be a disruptive technology so far and some of the mainstay and traditional companies are taking notice while others are already positioning themselves to take advantage of the changing landscape. Microsoft is one of them.

By pooling resources, it helps some scale development studios such as ConsenSys to increase their budgets and create better innovations as opposed to working independently. ConsenSys has been struggling with overhead costs leading them to downsize its workforce three times in the last two years.

Also, the company underwent a restructuring to focus on two key areas of their business model and that is developments and investments.

Omar Jones
Omar Jones
Senior news editor at Crypto Economy. Responsible for research and writing breaking news and featured reports. Introduced to crypto-economy in 2016, and now educating students and investors in the blockchain industry during their free time.
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