Microsoft announces the Coco Framework for blockchain networks to improve performance, confidentiality, and governance of enterprises
by Najuka G Blockchain technology is generating significant interest across a wide range of industries in India. As the field of applications for Blockchain grows, Microsoft is continuously working with customers, partners and the blockchain community to continue advancing blockchain’s enterprise readiness. Keeping in line with this, Microsoft announced its new Coco Framework , a first-of-its-kind innovation that aims to advance enterprise adoption of blockchain. Blockchain is a transformational technology with the ability to significantly reduce the friction of doing business. Coco is the foundation of blockchain for the enterprise. It addresses key elements that businesses are demanding. Current blockchain protocol technology requires complicated development techniques to meet the operational and security needs of enterprises. The Coco Framework reduces this complexity and when integrated with popular blockchain protocols like Ethereum or Corda, Coco addresses and impr