Under the assumptions as defined in their Microsoft COCO white paper, that the added business value associated with Enterprise blockchains will grow to approximately "$176 Billion by 2025, and then mushroom to $3.1 Trillion by 2030”, Microsoft has committed itself to the development of blockchain products and solutions that will satisfy the Business Enterprise.
As a result, what we see going on is a rapidly growing number of enterprises investigating or experimenting with blockchain as a secure and transparent way to digitally track the ownership of assets across trust boundaries.
In response to these developments Microsoft has developed a framework for blockchains known as COCO, that is designed to work in conjunction with Blockchain protocols such as Ethereum Quorum, Corda, and Hyperledger Sawtooth, that can be integrated to deliver complete, and super-fast processing speed enterprise-ready ledger solutions, that businesses demand and expect from a robust blockchain.
Giving their “thumbs-up” agreement and approval to integrate their proprietary blockchain ledger platforms with Microsoft's COCO are J.P. Morgan Chase (utilizing Quorum), R3 (utilizing Corda), and Intel (utilizing Hyperledger Sawtooth).
To learn more, please refer to an earlier Microsoft COCO report.
Obviously, Bitcoin, blockchain and crypto are soaring higher
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great inputs @cryptoinsights!
Which source make you learning every day?
best
francesco
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No specific ties to a specific source, just a general interest to cover a topic as adequately as possible, whenever it seems that it has data that seems enlightening. Thanks for your question / comments.
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