Microsoft's Coco Framework Aims to Streamline Commercial Adoption of Blockchain Tech

Microsoft developed a framework aimed at faster commercial adoption of blockchain technology by streamlining complex development techniques, said a Thursday news release. Microsoft said it will launch the Coco Framework on GitHub in 2018 as an open source project. It said the framework integrated with a blockchain network offers speeds of more than 1,600 transactions per second. The framework provides distributed governance "that establishes a network constitution and allows members to vote on all terms and conditions governing the consortium and the blockchain software system," Microsoft said.