Microsoft Goes Ethereum: $561 Bln US Company Releases Ethereum-Based Protocol ‘Coco’ by unbeaten

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ethereum · @unbeaten · Aug 14 '17

$0.90

Microsoft Goes Ethereum: $561 Bln US Company Releases Ethereum-Based Protocol ‘Coco’

https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy83YWQxY2M5Mjc2ZDAxYzBkYWFlNzMxYWIxMmY3ZGI0ZS5wbmc=.jpg

"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. One of the most unique aspects of the Coco Framework is that it leverages local hardware-based environments such as Intel’s trusted execution environments (TEEs), to facilitate the settlement of information in an off-chain Ethereum Blockchain ecosystem. By processing data in a separate ecosystem, it allows Microsoft to provide a more functional and flexible infrastructure for decentralized applications."

#### Read the full article here...
https://themerkle.com/bitcoin-price-maintains-us4000-value-as-24-hour-trading-volume-surpasses-us3-1bn-mark/

Microsoft and IBM are going to bring currencies to business's and corporations and will take up one giant leap closer to mainstream adoption.

### [Resteem, Upvote and Follow for More](http://steemit.com/@unbeaten)

👍 emilhoch, cultura.bitcoin, unbeaten, shapirate, davidalexander, violetrahn, toria

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@pairmike · Aug 14 '17

$0.19

Here come the big boys to take over the blockchain.  It will help legitimize blockchain and bring it more mainstream, but what are the downside implications?

👍 pairmike
👎 smackdown.kitty

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@unbeaten · Aug 14 '17

It was only a matter of time lol... As Microsoft is the the biggest platform for business's and corporations all over the world it has to happen though. I guess Microsoft and Intel will gain some form of power over some of the blockchains and will guide their direction. As long as it's not totally monopolized I think it's a good thing.

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@toria · Aug 14 '17

$0.04

Interesting. That's more good news for Ethereum. Maybe those "is this coin an Ethereum killer?" youtube videos will quiet down. Ethereum isn't going anywhere but up as it appears.

👍 capitalpink

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@unbeaten · Aug 14 '17

Yeah definitely, the new Coco by Microsoft supports all cryptocurrencies though. It comes prefigured for Ethereum but it will support Bitcoin, Ripples and the rest! This is what we need to take crypto's mainstream!

👍 toria

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@toria · Aug 14 '17

$0.03

I'm new to cryptocurrency and have not been able to buy very much yet. I'm planning to at the end of this month. So for me I wish all the prices would drop. I don't want cryptocurrency to be mainstream yet. Lol

👍 capitalpink

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