Microsoft Is Working to Make Blockchain Faster and More Popular

Microsoft Is Working to Make Blockchain Faster and More Popular 

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  • Microsoft Is Working to Make Blockchain Faster and More Popular

    Microsoft 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.
  • It is currently compatible with Ethereum, one of the most popular types of blockchains and can make it roughly 100 times faster, Microsoft said.
  • “We expect this to be the foundation for blockchain for enterprise,” Mark Russinovich, chief technology officer of Azure, Microsoft’s cloud computing division, said at a press briefing.
  • Microsoft’s msft technology would make it easier for firms to control who can see what on a network without making the system slower.

Microsoft Is Working to Make Blockchain Faster and More Popular
Continue reading “Microsoft Is Working to Make Blockchain Faster and More Popular”

Microsoft Unveils Technology to Speed Up Blockchain and Its Adoption

  • NEW YORK — 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.
  • “We expect this to be the foundation for blockchain for enterprise,” Mark Russinovich, chief technology officer of Azure, Microsoft’s cloud computing division, said at a press briefing.

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.
Continue reading “Microsoft Unveils Technology to Speed Up Blockchain and Its Adoption”

Microsoft unveils technology to speed up blockchain and its adoption

Microsoft unveils technology to speed up blockchain and its adoption $MSFT

  • REUTERS/ Mike Blake/File Photo

    NEW YORK (Reuters) – Microsoft Corp (MSFT.O) 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.
  • It is currently compatible with Ethereum, one of the most popular types of blockchains and can make it roughly 100 times faster, Microsoft said.
  • “We expect this to be the foundation for blockchain for enterprise,” Mark Russinovich, chief technology officer of Azure, Microsoft’s cloud computing division, said at a press briefing.
  • Microsoft’s technology would make it easier for firms to control who can see what on a network without making the system slower.

Microsoft Corp (MSFT.O) 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. Coco, whose names stands for Confidential Consortium, will be ready and made open source by 2018
Continue reading “Microsoft unveils technology to speed up blockchain and its adoption”