- Microsoft (NASDAQ:MSFT) and Intel (NASDAQ:INTC) announce Coco Framework, a simplified enterprise blockchain technology.
- Coco Framework simplifies the blockchain process, which creates a distributed database for easier access and updates with a lower risk of hacking so that business owners across a variety of industries can utilize the technology.
- The Framework builds on the trusted execution environments Software Guard Extensions from Intel and Microsoft’s Windows Virtual Secure Mode.
- Coco Framework users can expect transaction speeds exceeding 1.6K transactions per second, data confidentiality, and a comprehensive distributed governance model allowing members to vote on terms and conditions.
- Previously: Microsoft, Accenture unveil blockchain ID document prototype (June 19)