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What is Raiden Network?

The Raiden Network acts as an off-chain solution that enables near-instantaneous, cost-effective, and scalable transactions. Its design aligns seamlessly with the Ethereum blockchain and is compatible with any token that follows the ERC20 standard. As a project in progress, it is primarily focused on investigating state channel technology, developing protocols, and creating reference implementations. This network serves as an additional infrastructure layer atop Ethereum, and while the fundamental idea is clear, the complexities of the underlying protocol and its execution are significantly intricate. Nevertheless, developers can navigate these technical challenges and use a user-friendly API to build scalable decentralized applications that take advantage of the Raiden Network. The main aim of this network is to overcome the consensus bottleneck that frequently plagues blockchains. By establishing a network of payment channels, it facilitates secure off-chain value transfers, which greatly reduces the necessity of engaging the blockchain for each individual transaction. As the Raiden Network progresses, it is dedicated to improving the overall performance and efficiency of decentralized finance applications, ensuring that they can handle a larger volume of users and transactions smoothly.

What is Azure Blockchain Workbench?

Optimize your development workflow and encourage experimentation by employing ready-made networks and infrastructure solutions. Accelerate the realization of benefits through smooth connections and expansions to various cloud services and applications. Adopt innovation with confidence on a platform that is globally open, dependable, and user-friendly. With Azure Blockchain Workbench, you can effortlessly establish and launch a consortium network in just a few clicks, making it ideal for both development and testing scenarios. The automated setup of ledgers, network construction, and access to pre-configured blockchain commands substantially reduces the time needed for infrastructure development. By taking advantage of pre-built integrations with essential cloud services, you can decrease both the duration and costs involved in creating applications. Streamline the sign-in process and improve teamwork by associating blockchain identities with Azure Active Directory. Safeguard your private keys with Azure Key Vault, and make use of Service Bus and Event Hubs to capture vital messages and events that are crucial for triggering your smart contracts. This all-encompassing strategy not only enhances efficiency but also cultivates a stronger and more resilient development ecosystem, paving the way for future innovations.

Media

Media

Integrations Supported

Alchemy Pay
Azure Key Vault
Azure SQL Database
Ethereum
GitHub
Infinite Block Tech
Microsoft Entra ID

Integrations Supported

Alchemy Pay
Azure Key Vault
Azure SQL Database
Ethereum
GitHub
Infinite Block Tech
Microsoft Entra ID

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Raiden Network

Date Founded

2017

Company Website

raiden.network/

Company Facts

Organization Name

Microsoft

Date Founded

1975

Company Location

United States

Company Website

azure.microsoft.com/en-us/features/blockchain-workbench/

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