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.

The Latest

November 21, 2017

One overlooked opportunity for improving DEV and OPS collaboration is inviting database administrators (DBAs) to the DevOps conversation. DBAs function in a unique role where bridging the gap between development and operations occurs daily ...

November 20, 2017

DevOps must also be seen as a bottom-up process. In other words, if we consider DevOps, we must also take very serious look at "OpsDev" ...

November 16, 2017

DEVOPSdigest asked experts from across the industry for their opinions on the best way to foster collaboration between Dev and Ops. Part 7, the final installment, covers IT Operations tools ...

November 15, 2017

DEVOPSdigest asked experts from across the industry for their opinions on the best way to foster collaboration between Dev and Ops. Part 6 covers DevOps and development tools ...

November 14, 2017

DEVOPSdigest asked experts from across the industry for their opinions on the best way to foster collaboration between Dev and Ops. Part 4 covers communication ...

November 13, 2017

DEVOPSdigest asked experts from across the industry for their opinions on the best way to foster collaboration between Dev and Ops. Part 4 covers more about combining Dev and Ops in teams ...

November 09, 2017

DEVOPSdigest asked experts from across the industry for their opinions on the best way to foster collaboration between Dev and Ops. Part 3 covers how to set up teams ...

November 08, 2017

Mainframes may be legacy, but they still run a lot of business. With so much in play, businesses run a great risk when practices for maintaining and developing on mainframe remain largely the same despite the rest of the organization undergoing significant change to keep pace with the latest DevOps trends ...

November 07, 2017

DEVOPSdigest asked experts from across the industry for their opinions on the best way to foster collaboration between Dev and Ops. Part 2 covers the personal interaction between Development and Operations ...

Share this