Microsoft unveils Coco Framework to speed up blockchain-based systems

posted 4 months ago
Microsoft Corp is working on technology that it believes can make blockchain-based systems faster and more private, as it looks to speed up use of the distributed database software by enterprises.

The company said on Thursday that it had developed a system called Coco Framework, which connects to different blockchain networks to solve some of the issues that have slowed down their adoption, including speed and privacy concerns.

Coco, whose names stands for Confidential Consortium, will be ready and made open source by 2018, Microsoft said.

It is currently compatible with Ethereum, one of the most popular types of blockchains and can make it roughly 100 times faster, Microsoft said.
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