Microsoft unveils technology to speed up blockchain and its adoption


  • TECH
  • Friday, 11 Aug 2017

The technology is currently compatible with Ethereum, one of the most popular types of blockchains and can make it roughly 100 times faster.

NEW YORK: Microsoft Corp is working on technology that it believes can make blockchain-based systems faster and more private, as it looks to speed up use of the distributed database software by enterprises. 

The company said on Thursday that it had developed a system called Coco Framework, which connects to different blockchain networks to solve some of the issues that have slowed down their adoption, including speed and privacy concerns.

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