A blockchain framework designed for simple and easy incorporation into infrastructure projects requiring distributed ledger technology.
Microsoft's New Blockchain Service Recently, Washington - based tech giant Microsoft announced a new
blockchain framework designed for enterprise systems.
Not exact matches
Aion is a multi-tier
blockchain interoperability
framework,
designed to facilitate communication between a variety of
blockchains in a distributed Web3 architecture.
Often, the
frameworks would declare inappropriate potential use cases as ripe for
blockchaining, as the
frameworks were often
designed by
blockchain vendors or consultants to let as much through as possible.
A consortium of enterprises led by Microsoft has unveiled a
framework designed to boost the speed and scalability of open - source
blockchain tech.
The news comes soon after the announcement of Microsoft's new
blockchain endeavour, the Coco platform, which has been
designed to provide a simplified
framework for
blockchain protocols in order to improve the «enterprise readiness» of the technology.
Led by
blockchain startup Coinbase, in collaboration with Coin Center, Consensys and Union Square Ventures, the 27 - page
framework, goes so far as to provide users with a «decision matrix» that those involved say can help mitigate
design flaws that could have real - world legal consequences.
According to IBM, the new service is based on the Linux Foundation's Hyperledger Fabric version 1.0, an open - source effort
designed to provide a
framework for building enterprise - level
blockchain networks.
The
framework was revealed in tandem with the publication of a white paper outlining how Coco is
designed to integrate with a wide range of
blockchains and distributed ledgers.
In contrast to other
Blockchain networks that are
designed to handle specific tasks, the Ethereum protocol was developed to operate as a
framework and infrastructure for decentralized applications.
Dubbed «IBM
Blockchain», the new
framework is
designed to help developers create, deploy and manage highly secure
Blockchain networks on the IBM Cloud.