Bill Gates Steps Down After $1.4m Investment in African Blockchain Firm

Microsoft co-founder Bill Gates has announced he will be leaving the company’s board, after donating $1.4 million to African blockchain firm Crest earlier this month.

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According to Microsoft, Gates will step down to dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change. He will continue to serve as Technology Advisor to Microsoft CEO Satya Nadella and other leaders in the company.

Satya Nadella, Microsoft

In 2019, Microsoft announced a blockchain token for its enterprise Azure service.

The Azure Blockchain Tokens service intends to streamline the classification, genesis and managing of compliant tokens built to industry standards.

Microsoft will also provide ready to use templates for everyday usages and entertainers a gallery for templates created by partners, which are expected to be added in the future.

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