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
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