Microsoft Announces the Coco Framework
August 31, 2017

Microsoft Corp. announced the Coco Framework, to advance enterprise adoption of blockchain technology.

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 blockchain networks addresses critical needs for commercial adoption like high-transaction speed, distributed governance and confidentiality. Providing these foundational capabilities opens up more complex, real-world blockchain scenarios across industries — like financial services, supply chain and logistics, healthcare and retail — further proving blockchain’s potential to digitally transform business.

“Blockchain is a transformational technology with the ability to significantly reduce the friction of doing business,” said Mark Russinovich, CTO of Azure at Microsoft. “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.”

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

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, Hyperledger Sawtooth, J.P. Morgan Quorum, and Ethereum.

Share this

Industry News

April 15, 2024

OpenText™ announced Cloud Editions (CE) 24.2, including OpenText DevOps Cloud and OpenText™ DevOps Aviator.

April 15, 2024

Postman announced its acquisition of Orbit, the community growth platform for developer companies.

April 11, 2024

Check Point® Software Technologies Ltd. announced new email security features that enhance its Check Point Harmony Email & Collaboration portfolio: Patented unified quarantine, DMARC monitoring, archiving, and Smart Banners.

April 11, 2024

Automation Anywhere announced an expanded partnership with Google Cloud to leverage the combined power of generative AI and its own specialized, generative AI automation models to give companies a powerful solution to optimize and transform their business.

April 11, 2024

Jetic announced the release of Jetlets, a low-code and no-code block template, that allows users to easily build any technically advanced integration use case, typically not covered by alternative integration platforms.

April 10, 2024

Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.

April 10, 2024

Buildkite signed a multi-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS), the world's most comprehensive and broadly adopted cloud, to accelerate delivery of cloud-native applications across multiple industries, including digital native, financial services, retail or any enterprise undergoing digital transformation.

April 10, 2024

AppViewX announced new functionality in the AppViewX CERT+ certificate lifecycle management automation product that helps organizations prepare for Google’s proposed 90-day TLS certificate validity policy.

April 09, 2024

Rocket Software is addressing the growing demand for integrated security, compliance, and automation in software development with its latest release of Rocket® DevOps, formerly known as Aldon®.

April 09, 2024

Wind River announced the latest release of Wind River Studio Developer, an edge-to-cloud DevSecOps platform that accelerates development, deployment, and operation of mission-critical systems.

April 09, 2024

appCD announced its generative infrastructure from code solution now supports Azure Kubernetes Service (AKS).

April 09, 2024

Synopsys announced the availability of Black Duck® Supply Chain Edition, a new software composition analysis (SCA) offering that enables organizations to mitigate upstream risk in their software supply chains.

April 09, 2024

DataStax announced innovative integrations with API extensions to Google Cloud’s Vertex AI Extension and Vertex AI Search, offering developers an easier time leveraging their own data.

April 08, 2024

Parasoft introduced C/C++test CT, a comprehensive solution tailored for large teams engaged in the development of safety- and security-critical C and C++ products.

April 08, 2024

Endor Labs announced a strategic partnership with GuidePoint Security.