Wednesday, 23 August, 2017

Microsoft unveils Coco Framework, aimed at boosting blockchain

Coco Framework Intel, Microsoft to bring blockchain service to the enterprise
Preston Stone | 13 August, 2017, 14:21

Microsoft's open source Coco Framework helps businesses build more confidential and scalable blockchain tools and services.

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.

"Being able to run our existing supply chain Dapp code much faster within Coco framework is a great performance improvement that will reduce friction when we talk about enterprise Blockchain readiness with our retail customers".

A distributed governance model for blockchain networks that establishes a network constitution and allows members to vote on all terms and conditions governing the consortium and the blockchain software system. The company now supports various blockchain efforts including Ethereum and the Linux Foundation's Hyperledger project.

How a blockchain (formerly block chain) works - in the simplest terms - is that there are basically several ledgers that are being kept up to date across the world. It will be fully open-source, and the company will work with customers and partners, including those in the technical blockchain community, to advance the project.

And as far as the Linux Foundation's Hyperledger project, there are five named sub-projects within Hyperledger: Fabric, Sawtooth, Indy, Iroha, and Burrow.

The Coco Framework, short for "confidential consortium", is blockchain protocol-agnostic and is compatible with most current blockchains and is created to extend their capabilities by adding key enterprise needs. Intel SGX creates private areas in the CPU and memory that can protect code and data during execution.

Iran's parliament votes to increase missile funds following U.S. sanctions
The deal eased sanctions on Iran in exchange for curbs to its nuclear programme and was endorsed by a United Nations resolution. President Donald Trump signed legislation to impose fresh sanctions on Iran over its ballistic missile programme in July.

Industry enthusiasm for blockchain is growing, and while it will still take time for blockchain to achieve enterprise assurance, we remain laser focused on accelerating its development and enterprise adoption in partnership with the community.

A Microsoft spokesperson said in an email to SDxCentral, "Think of a TEE as a trusted black box for data".

"Coco presents an alternative approach to ledger construction", said Mark Russinovich, chief technology officer at Microsoft Azure (pictured), "giving enterprises the scalability, distributed governance and enhanced confidentiality they need without sacrificing the inherent security and immutability they expect".

One of the other key enterprise blockchain problems that the framework aims to solve is that of access controls for transactions. With Coco, nodes are declared and controlled, and standard blockchain protocols are used alongside trusted execution environments, cryptography, and distributed systems, the post said.

Microsoft is now testing the Coco Framework with its partners R3, Intel, J.P. Morgan, and Ethereum.

Microsoft noted that a white paper and a technical demo is now available for those who are interested and that it will officially be launched at GitHub 2018.

Recommended

  • Pulis signs new two-year West Brom deal

    Pulis signs new two-year West Brom deal

    Pulis has introduced youngsters such as Sam Field and Jonathan Leko to the West Brom first team during his time in charge. New signing Ahmed Hegazi flourished as West Bromwich Albion made a winning start to their Premier League campaign.
    Amber Heard and Elon Musk speaks out about break up

    Amber Heard and Elon Musk speaks out about break up

    Musk , 46, isn't one to dial down expectations or stay away from painting colorful imagery of his products. The automaker's debt load increased significantly past year when it bought solar panel maker SolarCity .
    EPL: Arsenal gun down Leicester in seven-goal thriller

    EPL: Arsenal gun down Leicester in seven-goal thriller

    Carragher was speaking shortly after Giroud had helped Arsenal to an incredible comeback win against Leicester at the Emirates. The Premier League is back and will start with a typical game, which will see Arsenal host Leicester at the Emirates.
  • USA's Emma Coburn, Courtney Frerichs Pull Off Historic Steeplechase Gold, Silver

    USA's Emma Coburn, Courtney Frerichs Pull Off Historic Steeplechase Gold, Silver

    Coburn lowered her American record and set a new world championship record with her 9:02.58 victory. Just her compatriots Celliphine Chespol and Hyvin Kiyeng Jepkemoi were faster this year.
    U.S.  warship challenges China's claims in South China Sea

    U.S. warship challenges China's claims in South China Sea

    Such delaying tactics, without resorting to major armed conflict, also prevent the escalation of tension in the South China Sea. The United States does not recognize China's claim of sovereignty in that location and regards the area as worldwide waters.
    Ivan Perisic to Manchester United

    Ivan Perisic to Manchester United

    Reigning Premier League champions Chelsea will open the defence of their crown at home to Burnley on Saturday. I think "no" but it depends on money.
  • Gold buoyed by North Korea tensions, United States  inflation data

    Gold buoyed by North Korea tensions, United States inflation data

    US crude (CLc1) was unchanged at $48.59 per barrel and Brent (LCOc1) was last at $51.84, down 1.63 percent on the day. Ongoing global glut concerns lingered in oil markets despite a bigger-than-expected draw in USA crude inventories.
    For First Time, A Kashmir Shutdown In Support Of Indian Constitution

    For First Time, A Kashmir Shutdown In Support Of Indian Constitution

    It empowers the state legislature to define permanent residents and then give them special treatment, privileges and rights. The Union government has rightly parted ways with the state government in front of the Supreme Court.
    Police release CCTV of 83-year-old dog walker stabbed to death

    Police release CCTV of 83-year-old dog walker stabbed to death

    The first is a white male, aged over 50, of slim build with pale skin, heavy dimmed glasses and white coloured pants . One aged 25 to 30, with tanned skin, was wearing a grey or blue t-shirt, grey gym shorts and heavy-duty flip flops.
  • U.S.  stocks fall again on North Korea tensions

    U.S. stocks fall again on North Korea tensions

    Dillard's slumped 13.8 per cent after the chain booked a loss for the second quarter as increased inventory led to big discounts. While the German DAX Index has edged down by 0.1%, the French CAC 40 Index and the UK's FTSE 100 Index are both down by 1%.
    English Primer League: Saints start Pellegrino era with Swansea stalemate

    English Primer League: Saints start Pellegrino era with Swansea stalemate

    We controlled the ball, created chances but this is football - you have to get goals and we couldn't do so", he said. Naturally, Pellegrino isn't fully satisfied with the performance, as he relayed to the Southampton media team .
    Federer on track for fourth Montreal title

    Federer on track for fourth Montreal title

    The pair met in a Davis Cup World Group play-off in 2012 with Federer winning 6-1, 6-4, 6-4. Federer will now play another Spaniard, Roberto Bautista Agut , in the quarter-finals.

PM condoles loss of lives in Himachal landslide PM condoles loss of lives in Himachal landslide Eight bodies have been recovered, including the driver and the conductor of Chamba depot Chanden Sharma and Satpal, respectively. One of the state roadways bus was hit by the landslide debris and skidded off the road, falling down by nearly a kilometre.

Anna Paquin reacts to BBC news showing her breasts on air Anna Paquin reacts to BBC news showing her breasts on air Anna Paquin has solved the mystery of just whose bare breasts were accidentally broadcast live during the BBC's News at Ten. The network has yet to determine how the scene kept playing behind news presenter Sophie Raworth.

Rihanna's Embracing Her Curves, and Why You Should Too Rihanna's Embracing Her Curves, and Why You Should Too It's been two days since Rihanna took social media by storm after posting her eye-popping selfies from Crop Over carnival online. Rihanna's fans slammed the Young Money artist by telling her that Lil Kim is the original blue-wig-wearing superstar.

Dow loses more than 100 points amid North Korea tensions Dow loses more than 100 points amid North Korea tensions Data storage company Seagate Technology (STX) is posting a standout gain within the hardware sector, climbing by 2.1%. The Nasdaq and the S&P 500 are rebounding after ending Thursday's trading at their lowest closing levels in a month.

'Game of Thrones' Cave Painting Holds a Clue About Jaime 'Game of Thrones' Cave Painting Holds a Clue About Jaime It's hardly a picnic elsewhere in the Seven Kingdoms, as we see Cersei looking contemplative on her bed. Titled " Eastwatch ", next week's episode will see the aftermath of the tragic Loot Train Attack .

Justin Upton hammers walk-off two-run home run Justin Upton hammers walk-off two-run home run Joe Mauer cleared the bases with a double to get the Twins on the board and Eddie Rosario crushed a game-tying homer. Reliever Daniel Stumpf gave up an RBI single to Jason Castro in the fifth, giving Minnesota an 8-6 lead.

Rite Aid Corporation (RAD) Getting Somewhat Positive Media Coverage, Analysis Shows AQR Capital Management LLC owned about 0.11% of Rite Aid Corporation worth $4,845,000 as of its most recent filing with the SEC. Institutional investors now hold around $1.37 billion or 59% in RAD stock. 166 funds opened positions while 593 raised stakes.

Is Angelina Jolie and Brad Pitt's divorce off the cards? Is Angelina Jolie and Brad Pitt's divorce off the cards? A source told DailyMail.com: 'Brad didn't touch a drop of alcohol all weekend and stuck to drinking English breakfast tea. Brad Pitt and Angelina Jolie reportedly may be maintaining silence on reunion rumors in order to protect their six kids.

Aggressive Federer cruises to semi-finals in Montreal Aggressive Federer cruises to semi-finals in Montreal He saved the first with an ace but Ferrer made no mistake with his second set point, converting to take the opener 6-4. He let a set point slip away with Ferrer serving at 3-5, but Federer served out the second set in the 10th game.

Nats' Harper leaves game with apparent left knee injury Nats' Harper leaves game with apparent left knee injury Saturday's game was delayed three hours with more inclement weather and the rain conditions came into play right away. The series opener Friday was postponed after a lengthy rain delay to be a part of a day-night doubleheader Sunday.

Trump's Talk of 'Military Option' in Venezuela May Bolster Maduro's Hand Trump's Talk of 'Military Option' in Venezuela May Bolster Maduro's Hand Venezuelan officials had earlier accused the USA of planning an invasion. "Military Options" in Latam and the Caribbean". The National Electoral Council (CNE) was asked by the assembly to set the exact date for the governors' election.

Braille book offers unique look at eclipse Braille book offers unique look at eclipse If you would like to see 100% totality , you will have to travel roughly 280 miles from Roanoke or a little under 4.5 hours. The most anticipated celestial event the United States has waited to see for over a century will occur Monday Aug. 21.

Matsuyama feels pressure as he eyes major for Japan Matsuyama feels pressure as he eyes major for Japan He made his par putt on the 17th hole and then sprinted to the 18th tee and promptly knocked his tee shot down the middle. McGirt will stay in the Tar Heel state for next week's Wyndham Championship in Greensboro at Sedgefield Country Club.

Kylie Jenner Tried to Buy Fake Kylie Cosmetics Lip Kits Kylie Jenner Tried to Buy Fake Kylie Cosmetics Lip Kits In 2013, Kylie and sister Kendall Jenner , then 15 and 17, sparked rumors they had been drinking illegally at a 21-and over club. The clip is, of course, an excerpt from the next episode of Life of Kylie , but it definitely makes an important point.

What Does the US Military Do on the Island of Guam? What Does the US Military Do on the Island of Guam? The five-minute drill begins with a siren on radio, and cars are stopped at designated spots. Such threats are why the Americans are on Guam to begin with.