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Microsoft announces ‘Coco Framework’ to advance enterprise blockchain adoption

Tech titan Microsoft last week announced a new system that would facilitate enterprise adoption of blockchain technology.

Dubbed “Coco Framework”, the open-source system addresses the limitations of current blockchain protocol technology for commercial adoption like high-transaction speed, distributed governance, and confidentiality. When integrated with a blockchain network, key benefits of the Coco Framework include these:

  • Transaction speeds of more than 1,600 transactions per second
  • Easily managed data confidentiality without sacrificing performance
  • A comprehensive, industry-first distributed governance model for blockchain networks that establishes a network constitution and allows members to vote on all terms and conditions governing the consortium and the blockchain software system

"Microsoft is committed to bringing blockchain to the enterprise. We have listened to the needs of our customers and the blockchain community and are bringing foundational functionality with the Coco Framework. Through an innovative combination of advanced algorithms and trusted execution environments (TEEs), like Intel's Software Guard Extensions (SGX) or Windows Virtual Secure Mode (VSM), we believe this takes the next step toward making blockchain ready for business,” said Mark Russinovich, chief technology officer of Azure at Microsoft.

According to the official release, the Coco Framework by design will be compatible with any ledger protocol and can operate in the cloud and on premises, on any operating system and hypervisor that supports a compatible TEE. Initial Coco Framework implementations will include R3 Corda, Intel Hyperledger Sawtooth, J.P. Morgan Quorum, and Ethereum. Microsoft has released a technical white paper, which can be accessed here.

"We are thrilled to work with Microsoft to bring blockchain to the enterprise," said Rick Echevarria, vice president, Software and Services Group and General Manager, Platforms Security Division at Intel. "Our mutual customers are excited by the potential of blockchain. Intel is committed to accelerating the value of blockchains powered by Azure on Intel hardware, by improving the scalability, privacy and security of the solutions based on our technologies."

"The R3 Corda platform was built for enterprises. We designed it with the financial industry from the ground up to solve real business problems, but we also knew it had to be deployable and manageable in today's complex IT landscape," said David E. Rutter, CEO of R3. "No other distributed ledger technology platform is as interoperable or easily integrated, and partnering with Microsoft is another milestone in our mission to facilitate a world of frictionless commerce."


Microsoft said that it will launch the framework on GitHub in 2018 as an open source project.

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