/biz/ - Business & Finance

"Microsoft Quietly Releases Game-Changing Ethereum Proof-of-Authority on Azure"
https://www.investopedia.com/news/microsoft-quietly-releases-gamechanging-ethereum-proofofauthority-azure/

>“We’ve had great traction with our support of Ethereum on Azure. The existing Proof-of-Work solution has been deployed tens of thousands of times across a variety of industry verticals. Through the extensive development on our platform, we’ve received great feedback from the community that has helped us shape our next Ethereum ledger product. I’m excited to announce the release of Ethereum Proof-of-Authority on Azure.”

Why would enterprises risk using any other publicly tradable blockchain platform when they could just roll their own private Ethereum on Azure network with its Proof-of-Authority? Corporations don't give a shit about the libertarian future of having a truly decentralized network spread across thousands of computers around the globe, they just want more secure databases.

Blockchain might be the future but why does it have to be through publicly tradable blockchain platforms with tokens instead of private ones like Azure (or IBM Hyperledger)?