Recent news that Microsoft will stop accepting Bitcoins as a means of funding is allegedly one of the reasons it took a hit this week. To be honest, they are not to blame for this decision since Bitcoin has become incredibly inefficient due to its transfer fees and delays.
That being said, Microsoft is still searching for different types of usage for the blockchain and is currently exploring possible projects with Tierion (TNT).
Tierion's goal is to build a secure data sharing platform with the following characteristics:
-Audit trail for a business process,
-Document timestamping,
-IoT data collection & provenance,
-Blockchain verifiable credentials,
-Verifiable data for clinical trials,
-Regulatory compliance & transparency.
Additionally, Tierion is the first cryptocurrency to join Phillips Blockchain Lab; together they're exploring implementations of the blockchain in the healthcare industry.
Having made relations with the likes of Microsoft and Philips, Tierion has a potentially great future within the top 20 currencies.
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Source: https://tierion.com, all the links are in their website.