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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