San Francisco, CA, March 15, 2016 — Augur becomes another one of the chosen in Microsoft’s Azure “Blockchain as a Service,” the tech giant’s emerging ecosystem of leading blockchain and related tools and technologies.
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Augur Partners With Microsoft Azure Blockchain Project
“On Azure, Augur will offer a turn-key solution for enterprises that wish to run an internal version of the platform,” said Augur Co-Founder Joey Krug.
Krug added: “A company may not want their markets to be public or may not want to deal with the compliance costs of a public market.”
Augur is a decentralized prediction market platform built on the Ethereum blockchain. The platform has globalizing power, enabling precise forecasting of any topic, from politics to commerce, technology to entertainment, based on wisdom of the crowd principles.
Users can forecast product launch dates by targeting market data, examine best timeframe for project funding, track sales figure and various other key metrics and performance data to reach conclusions without any centralizing authority, middlemen or otherwise.
Crowdsourcing information decentralizes analysis and is considered a better analytical approach because it reduces mistakes and outright manipulation.
With Augur, thousands of users report on outcomes, this improves data collection and the ability to accurately forecast an event with potential for a global perspective.
The software is currently in the beta stage of development and can be tested by anyone at app.augur.net.
For more information on Augur visit: www.augur.net
For More information on Microsoft Azure visit: Microsoft Azure
Augur is a San Francisco-based company providing a decentralized prediction market built on the Ethereum blockchain. Augur allows you to forecast events and be rewarded for predicting them correctly.
Tony Sakich, Augur, Director of Marketing
Images courtesy of SoftWeb Solutions, Augur