New Blockchain Data Exchange is Being Built by Quisitive and Jumptuit
New Collaboration to Improve Data Exchange on Blockchain Stated Between Quisitive and Jumptuit
Quisitive, a company under the Microsoft umbrella to help customers learn new technology innovations for personal and business reasons, made reported on a new partnership contracted with Jumptuit.
The new collaboration is creating the new technology called software-as-a-service (also known as a SaaS) to manage data and analytics for customers in the field automatically. Autonomous control by the system’s internal AI will be used to filter through information related to location, activities, as well as events. Quisitive is responsible for engineering the software that takes advantage of blockchain technology with tracking capabilities in Microsoft Azure.
“There is a lot of justifiable excitement around blockchain right now, but it can be difficult for companies to separate what’s real from what is hype. Jumptuit understands how enterprise blockchain and solves complicated problems in SaaS businesses in powerful new ways. With our blockchain solution development capabilities leveraging the latest innovations from Microsoft, we’re able to capture the strategic advantages that enterprise blockchain enables; reducing costs and increasing information transparency. As Jumptuit continues to enhance its information platform, we’ll be able to deliver a tested and refined solution that helps them properly construct and track their information assets across their different business units.”
According to Scotty Perkins, Senior Vice President, product innovation, Quisitive.
Advanced AI backed by Machine Learning created by Jumptuit – also including Natural Language Programming, NLP – is powered by deep learning blockchain technology which uses private data and content to run the platform. Cloud services are also used to support the system, including all technologies created by Microsoft to create a seamless experience for anyone using the system.
“Our business model is predicated on using the broad spectrum of cloud services to empower people to connect, understand, and at on their data – a necessity for today’s always-on always-connected user. We chose Quisitive to develop a backend blockchain solution to transparently and efficiently oversee entitlement and subscription information tracking. Their technical blockchain expertise, along with our mutual relationship with Microsoft makes them a natural choice to power this integration and infrastructure. The from-scratch solution will allow users to link their various cloud and information services together, and from this, we’ll be able to provide them with hyper-relevant data insights securely.”
Stated Don Leka, founder, and CEO of Jumptuit.
Microsoft has limited partners involved in AI and blockchain technology, with Quisitive actively working as one of the only companies on both technologies. More companies under Microsoft are soon to be brought in to help expand their ability to use blockchain technology and its associated systems.
“As Quisitive and Jumptuit collaboration on Blockchain Data Exchange, it’s clear that the demand and momentum behind enterprise blockchain solutions in only increasing. More businesses are recognizing the near- and long-term value of the technology. As Microsoft expands its service offerings relative to the blockchain, we’ll continue to leverage partners, like Quisitive to shepherd new customers through proof-of-concept, to solution development and accelerated deployment.”
Reported Marley Gray, principal architect, Azure Blockchain at Microsoft Corp.
Together, both companies will be able to improve blockchain technology significantly. Particularly Quisitive who will bring specific value oriented with real-world applications, powered by a Microsoft National Solution Provider. The standard protocol for the new system will follow three simple steps. The first of which uses a ‘Smart Start Workshop’ to help businesses determine their unique problem and find the solution. Phase two of the process will use a new type of proof-of-concept to see the actual value of a company; and the final step three will be able to help scale blockchain solutions developed for a company.
With Quisitive’s involvement as an Enterprise Ethereum Alliance Member, and acting certified Hyper Ledger user, they are more than qualified for the role. Lastly, work closely with R3 to support Corda Enterprise.
What are some of the enhancements you would like to see from the new partnership? Leave your opinion in the comments below.