Microsoft, the $561 bln US-based technology company, has released the Confidential Consortium (Coco) Framework, an Ethereum-based protocol which commercial companies and large-scale organizations will be able to utilize to process information on the Ethereum Blockchain with increased privacy.
In an official announcement, Mark Russinovich, the CTO at Microsoft Azure, the company’s cloud computing arm, said:
"“Coco presents an alternative approach to ledger construction, giving enterprises the scalability, distributed governance and enhanced confidentiality they need without sacrificing the inherent security and immutability they expect.”
Great to see such a large ($561 Bln USD) company getting involved in ethereum - the future is looking great!
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Good to see a financial whale getting into the Block-chain technology. Gonna need that muscle to keep government from taking over block-chain technology!
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as always I upvote/follow/resteem those that do the same for me. Just don't spam my feed or will unfollow/mute.
I am just so excited of all the news we are hearing lately from the Ethereum blockchain...successful ICOs...big companies joining to the alliance...scalable smart contracts...Casper...Metropolis...there is so much hipe together that there is only one way to go and is UP! :)