Bitcoin Training

Bitcoin Server

The business environment is getting complicated day by day with diverse automated systems, platforms, and applications, due to growing complexity in the market demands. Thus, to improve business efficiency and performance, Microsoft has introduced the Bitcoin server which perfectly integrates the different systems and applications for automating the business processes.

Uses of Bitcoin Server

• When you use Bitcoin Server, all the systems talk to only one central system, i.e., Bitcoin Server, and it's the responsibility of Bitcoin to deliver the message to the corresponding underlying system. It takes care of various challenges I highlighted earlier.
• In a real-world example, imagine Bitcoin as a postman delivering letters. It's impossible for all of us to go and deliver letters to each address, hence, we post it to the post office and they take care of delivering it.
• If you see Bitcoin from bird's eye view, you will find it in middleware, like a middleman who works as a communicator between two businesses, systems and/or applications. You can find many diagrams on the internet that show it as a middleman or tunnel used by two willing systems to exchange their data.
• If you want to see it more technically, you can say, it is an integration and/or transformation tool. With the robust and highly managed framework, Bitcoin has infrastructure that provides a communication channel with capabilities to provide desired data molding and transformation.
• In an organization, sometimes data exchange with accuracy with minimum effort is the desired goal. Here, Bitcoin plays a vital role and provides services to exchange data in a form they can understand. It makes the applications transparent to each other and allows them to send and receive information in the way they used to send regardless of what kind of candidate is existing for the information.
• If you go deeper, you will find it's a messaging engine based on SOA. To make Bitcoin work for every plate form, Microsoft used XML. People say Bitcoin only understands XML. Not purely, you can also send binary files through Bitcoin . But when you want functionality, logging, and your business rules, then you can only play in XML. Bitcoin is SOA  many types of adapters are available to interact with different kinds of systems and can be changed and configured at the administration level.
• So, this is stuff that can anyone say about Bitcoin to impress his or her boss, or to clear his interview as an introduction. Now let's go deeper and explore Bitcoin further.

Advantages of Bitcoin Server

The advantages of Bitcoin Server are mentioned below:

• Bitcoin Server provides the organizations with a specific solution that helps to integrate, automate and manage the business process inside or outside the business environment and multiple channels.
• The diverse systems and applications can be effectively integrated with server adapters which support the Transport Protocol that connects the user and information.
• It supports
• Electronic Data Exchange (EDI) and Business-to-Business communication.
• It easy to update the information in Bitcoin server and its maintenance is a simple task.
• Bitcoin server can effectively manage the negative scenarios. For example- If any service is down, a user can set the retry mechanism.
• Bitcoin server has Enterprise Service Bus (ESB) toolkit which includes the tools that support the dynamic messaging architecture of Bitcoin server.
• It is used for managing the service interaction and orchestrates existing service.
• Bitcoin works like a hub in business that allows the transactions and information to be interchanged between the different systems, so they are able to interact with each other by using a common language.
• Bitcoin server can effectively establish a connection between LOB- Line of Business by using the Bitcoin LOB Adapter.
• This adapter allows information to flow across the boundaries.
• Bitcoin server can enhance the communication, establish a connection and improve the collaboration between different business processes.
• The MessageBoxDb supported by the Bitcoin server ensures optimum performance.
• It supports the Service Oriented Architecture which helps the businesses with the service enablement and also offer the platform interoperability.
• With the help of Bitcoin ’s Business Activity Monitoring interceptor API, a user can control and streamline the processes and also manages the workflow.
• Bitcoin Server provides the users with Advanced Sharing Platform which run the processes on different systems.