March 16, 2020

Deep Dive into Azure Blockchain for Enterprise Blockchain Solutions [Part 3]

Filza Tariq

This is the last part of the Azure Blockchain for Enterprise Blockchain Solution series. In the first two parts, we learned about consortium networks and smart contracts deployment on Azure Blockchain. In this part, we will particularly explore Azure Blockchain Our Workbench and its power to make Blockchain enterprise-friendly. As explained in the previous series, Azure Blockchain Our Workbench lubricates the development process of Blockchain applications by integration with various Azure services. It leverages the Blockchain by easing the process of sharing data and processes among organizations. Following are some major features of Azure Blockchain Our Workbench:

Explore Nigeria's Latest Betting Site Innovations

Are you ready to explore the latest betting site innovations in Nigeria? Betting has become a popular pastime in Nigeria, with millions of people engaging in sports betting and other forms of gambling. In recent years, the betting industry in Nigeria has experienced significant growth, thanks to advancements in technology and the increasing accessibility of online betting platforms. In this article, we will take a closer look at some of the most exciting innovations in Nigeria's betting sites, from mobile betting apps to live streaming features. Whether you're an avid bettor or simply curious about the latest trends in the industry, this article will provide you with valuable insights and help you stay up-to-date with the latest developments in Nigeria's betting scene.

Imagine being able to place bets on your favorite sports teams or casino games from the comfort of your own home, with just a few taps on your smartphone. The convenience and ease of online betting have revolutionized the way Nigerians engage in gambling. But it doesn't stop there. Nigeria's betting sites are constantly evolving, introducing new features and technologies to enhance the betting experience for users. From personalized betting recommendations based on your preferences to interactive live betting options, these innovations are transforming the way we bet. Join us as we dive into the world of Nigeria's latest betting site innovations and discover how they are reshaping the betting landscape in the country.

Evolution of Online Betting in Nigeria: A Look into the Latest Innovations

Nigeria's betting industry has been experiencing a wave of innovations, providing avid bettors with exciting new options. One of the latest advancements is the introduction of live betting, allowing users to place bets on ongoing matches and events in real-time. This dynamic feature enhances the thrill of betting by providing instant updates and opportunities to capitalize on changing game situations. With live betting, Nigerian sports enthusiasts can now engage in a more interactive and immersive betting experience.

Another innovative development in Nigeria's betting scene is the integration of virtual sports. This cutting-edge technology brings the excitement of sports betting to a whole new level, allowing users to wager on virtual games that are simulated using advanced computer algorithms. Virtual sports provide a constant stream of action, with matches available around the clock. This innovation caters to bettors who are looking for quick and convenient betting options, as they no longer have to wait for live matches to take place.

The rise of mobile betting apps is yet another groundbreaking innovation in Nigeria's betting industry. With the majority of Nigerians owning smartphones, betting platforms have capitalized on this trend by developing user-friendly mobile apps that allow users to place bets anytime, anywhere. These apps offer a seamless betting experience, with features such as secure payment options, live streaming of matches, and personalized notifications. Mobile betting apps have revolutionized the way Nigerians bet, making it more accessible and convenient than ever before.

Cutting-Edge Technologies Transforming the Nigerian Betting Industry

When it comes to the world of online sports betting, Nigeria is at the forefront of innovation and technology. With the rise of new betting sites in Nigeria, enthusiasts now have access to a plethora of exciting features and options. These sites are constantly evolving to provide a seamless and immersive betting experience for users.

One of the key innovations seen in new betting sites in Nigeria is the introduction of live betting. This feature allows users to place bets in real-time as the game unfolds. With live betting, punters can make informed decisions based on the current state of play, increasing their chances of winning. It adds an extra layer of excitement and engagement to the betting experience.

In addition to live betting, new betting sites in Nigeria also offer a wide range of sports and markets to choose from. Football, basketball, tennis, and even niche sports like darts and table tennis are available for betting. This variety ensures that there is something for everyone, no matter their sporting preferences. Moreover, these sites provide competitive odds and generous promotions to attract and retain customers.

Furthermore, new betting sites in Nigeria are also embracing mobile technology. With the majority of Nigerians accessing the internet via their smartphones, these sites have developed mobile-friendly platforms and dedicated betting apps. This allows users to bet on the go, anytime and anywhere. The convenience and accessibility offered by these mobile solutions have revolutionized the way people engage with sports betting in Nigeria.

Exploring Unique Features and Exciting Betting Options on Nigerian Platforms

Nigeria's betting industry has seen a surge in innovation in recent years, with several new and exciting developments taking place. One of the latest trends is the rise of online betting platforms, which have revolutionized the way Nigerians place their bets. These platforms offer a convenient and user-friendly experience, allowing bettors to access a wide range of sports and events from the comfort of their own homes.

Another notable innovation in Nigeria's betting industry is the introduction of live betting. This feature allows users to place bets on sporting events as they unfold in real-time. With live betting, bettors can take advantage of changing odds and make more informed decisions based on the performance of the teams or players. This dynamic and interactive betting experience has become increasingly popular among Nigerian bettors.

Furthermore, mobile betting apps have become a game-changer in Nigeria's betting industry. These apps allow users to place bets on their favorite sports and events directly from their smartphones or tablets. With mobile betting apps, bettors have the freedom to bet on the go, anytime and anywhere. The convenience and accessibility offered by these apps have made them a preferred choice among Nigerian bettors.

Lastly, virtual sports betting has gained significant traction in Nigeria. This innovative concept allows bettors to wager on simulated sporting events, such as virtual football matches or horse races. Virtual sports betting offers a fast-paced and exciting experience, with matches and races taking place around the clock. It provides a great alternative for bettors looking for instant gratification and entertainment.

The Rise of Mobile Betting Apps: Revolutionizing the Way Nigerians Wager

Nigeria's betting industry has witnessed a surge in innovation, with the introduction of several exciting features and platforms that cater to the evolving needs of bettors. One of the latest trends is the rise of online betting sites, which offer a convenient and accessible way for Nigerians to engage in sports betting and other forms of gambling. These platforms provide a wide range of betting options, from popular sports like football and basketball to niche markets like virtual sports and eSports.

One notable innovation in Nigeria's betting scene is the introduction of live betting. This feature allows bettors to place wagers on games and events that are currently in progress, adding an extra level of excitement and engagement to the betting experience. With live betting, users can monitor the progress of their bets in real-time and make informed decisions based on the unfolding action. This innovation has proved to be immensely popular, attracting a new generation of bettors who crave a more interactive and immersive gambling experience.

Another significant development in Nigeria's betting industry is the integration of mobile apps and websites. With the widespread adoption of smartphones and improved internet connectivity, mobile betting has become increasingly prevalent. Betting sites now offer dedicated apps that allow users to access their accounts, place bets, and manage their funds on the go. These mobile platforms are designed with user-friendly interfaces and feature-rich functionalities, ensuring a seamless and enjoyable betting experience for Nigerian bettors.

Furthermore, Nigeria's betting sites have embraced the use of advanced technologies such as artificial intelligence and machine learning. These technologies enable the platforms to analyze vast amounts of data and provide users with personalized recommendations and insights. By leveraging AI and machine learning algorithms, betting sites can offer tailored promotions, odds, and betting suggestions based on individual preferences and historical data. This innovation enhances the user experience by delivering a more customized and relevant betting experience.

Ensuring a Safe and Secure Betting Experience: Advances in Online Security Measures in Nigeria

Nigeria's betting industry has been rapidly evolving with the introduction of exciting innovations on various online platforms. These advancements have revolutionized the way Nigerians engage in sports betting, making it more convenient and immersive than ever before. One such innovation is the introduction of live betting, allowing users to place wagers on ongoing sporting events in real-time. This thrilling feature brings an added level of excitement to the betting experience, as users can now make informed decisions based on the match's progress.

Another noteworthy innovation in Nigeria's betting scene is the introduction of virtual sports betting. With this feature, users can now place bets on simulated sporting events, such as virtual football matches or horse races. These virtual sports offer a fast-paced and visually engaging alternative to traditional sports betting, allowing users to enjoy the thrill of betting at any time, regardless of the availability of real-life sporting events.

Furthermore, Nigeria's latest betting site innovations also include the integration of mobile applications, enabling users to bet on the go. These user-friendly and intuitive mobile apps are compatible with both Android and iOS devices, providing a seamless and convenient betting experience. Users can easily access their accounts, place bets, and even watch live streams of sporting events directly from their smartphones or tablets.

Last but not least, the introduction of cash-out options has been a game-changer in Nigeria's betting industry. This feature allows users to secure their winnings or minimize potential losses by cashing out their bets before the conclusion of a match. Whether it's taking a partial payout or cutting losses, the cash-out option gives users greater control over their bets and enhances the overall betting experience.

As Nigeria's betting industry continues to evolve, the latest innovations in betting site platforms are transforming the way people engage with sports betting. From user-friendly interfaces to real-time updates and a wide range of betting options, these new features are designed to enhance the overall betting experience. Whether you're a seasoned bettor or new to the world of sports betting, these advancements offer exciting opportunities to explore. With the convenience of mobile apps and the growing popularity of live betting, Nigerian bettors now have more options than ever before. So why wait? Dive into the world of Nigeria's latest betting site innovations and discover a whole new level of excitement and possibilities.

      1. Identity Management

Azure Active Directory manages the identity of the members of the Blockchain network by mapping real and simple identities e.g emails with the complex addresses of Blockchain. Also, Azure Blockchain Our Workbench provides you with the flexibility to invite other members to the consortium network by simple invites on emails. Keys are managed and stored in Azure Key Vault that automatically encrypts transactions on behalf of the members without exposing the keys to Microsoft or any other third-party.

      2. User Roles Management

The administrator can manage the roles of members in a consortium network who possess the permission to create smart contracts in the network.

      3. Off-Chain Storage

Provides the flexibility to stores the on-chain data off-chain as well in relational databases for data analysis 

      4. API Management

It provides easy integration with other applications by enabling the use of APIs for accessing Blockchain services.

As now you have got a basic understanding of what Azure Blockchain Our Workbench is, let's get straight into the fun part and deploy Our Workbench in your Azure Portal to explore things in action.

Deploy Azure Blockchain Our Workbench:

In your Azure Portal navigate to create a resource → Blockchain → Azure Blockchain Our Workbench. 

Basics:

  1. Choose a unique identifier for your deployment in Resource prefix.
  2. Now, choose your VM username.
  3. Choose the Authentication type as a password and set your password for connecting to VM.
  4. Set a password for accessing the database that is created as part of the deployment.
  5. Choose your deployment region, subscription, resource group and location accordingly.

Sample Deployment:

Advanced Settings:

  1. Choose the option of creating a new Blockchain network. It will set up a network of PoA Ethereum nodes managed by a single subscriber. If you want to use an existing Ethereum proof-of-authority network, you need to add the RPC endpoint URL here. 
  2. Choose Azure Blockchain Service Pricing Tier.
  3. We are going to set up Azure Active Directory settings later, so choose the Add later option.
  4. Choose DS1 v2 for VM as we are doing it for learning purposes

Sample Deployment:

azure blockchain workbench

View the summary and complete your deployment. Your deployment may take up to 90 minutes.

Post Deployment:

After your deployment is completed, navigate to the resource groups and choose the resource group in which you have deployed the Azure Blockchain Our Workbench. In the OverView tab, under the Type Filter column, only check the ‘App Service’. There are two deployments in total with type App Service. Choose the one that is without API.

azure blockchain workbench

In its OverView tab in the top right corner, you’ll find the URL for your Azure Blockchain Our Workbench. Copy it and paste it in the browser. 

azure blockchain workbench

After that, you’ll be headed to a welcome page of Our Workbench asking you to do some additional setups. These steps are important to set up the Azure Active Directory as we had chosen the ‘Add Later’ option during the Azure Blockchain Our Workbench deployment.

Azure Active Directory Tenant Setup:

Azure Active Directory basically allows you to manage users and roles associated with your resources in Azure. Here we need to give users access to create applications in Azure Blockchain Our Workbench. So let's see how we can do that.

Step 1: Launch Cloud Shell

Copy the URL you find in the dashboard of Azure Blockchain Our Workbench and choose the option of Launching Cloud Shell.

Step 2: Create an Azure Active Directory Tenant

After launching the Cloud Shell, choose your Azure account and then choose the option of PowerShell from PowerShell and bash. This will open a Powershell Command Prompt for you. In this command prompt, paste the URL you copied from your Azure Blockchain Our Workbench dashboard. After entering the URL, it will ask you to enter the link of the Azure Active Directory Tenant. Now to create Azure Active Directory Tenant in Azure follow the following steps:

  • In your Azure Portal Dashboard Menu, click on the created resource and in the marketplace search for Azure Active Directory.Azure Portal Dashboard Menu
  • Once you find the Azure Active Directory, click on it and you will get a creative option. Click on the Create button.Azure Directory
  • After that, you will see a form to add Organization name, Domain name, and Country. Add the details like follows:
    Azure Directory
  • After that click on Create to create the directory. It will take a minute to be completed.
  • Once the Active Directory is created, copy the initial domain name that you have entered, that in my case is ‘xordfilza.onmicrosoft.com’, and paste this domain name in the opened window of Cloud Shell where it was asking to enter the Azure Active Directory Tenant.azure blockchain

Step 3: Enter The Code

Navigate to the output URL and paste the code that is output on the PowerShell window after entering your Azure Active Directory Tenant Name.

Step 4: Grant Permission

After entering the code, you’ll see the success message in your PowerShell after several messages. Now refresh your Azure Blockchain Our Workbench URL, you’ll be asked to grant permissions. Check the box of ‘’consent on behalf of your organization’’ here.

azure blockchain workbench

After that, your Azure Blockchain Our Workbench will be refreshed and you can use it to create new applications in the Our Workbench. You can also add a user to your Our Workbench and giving them access to create and interact with your application.

To add users go to Azure Active Directory → App Registrations.

Here you will find your Blockchain Our Workbench application. Click on that and go to the link under “Managed application in local directory”

azure blockchain directory

Clicking on that link will take you to the dashboard where you can assign users and groups and manage them accordingly.

Conclusion:

That’s all for the final part of this series for building enterprise Blockchain solutions. The goal of the series was to give the readers an idea and overview of the different notable Blockchain services in Azure and the basics of their deployment. There is yet too much to explore individually in each of these services so you could choose the best service fit depending upon your enterprise needs.

Check out the whole series on Azure Blockchain for Enterprise Blockchain Solutions here: https://xord.solutions/publications/deep-dive-into-azure-blockchain-for-enterprise-blockchain-solutions-part-1/ or contact Xord @https://https://xord.solutions/contact/ for Blockchain projects and free consultation.

Share:

We develop cutting-edge products for the Web3 ecosystem supported by our extensive research on blockchain core and infrastructure.

Write-Ups
About Xord
Companies
Community
© 2023 | All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram