Microsoft is developing a technology that, according to the company, will help speed up the work of the block-system and make them more confidential.

The American IT giant announced the Coco Framework platform, which, when connected to various block-network networks, allows solving some problems (for example, low speed of work and privacy issues) associated with their slow implementation.

Coco Framework is an open source project. At the moment the platform is compatible with one of the most popular block systems - Ethereum, allowing it to work about 100 times faster.

It is assumed that the new solution Microsoft will be able to handle about 1600 transactions per second. For comparison, the company's Visa network is designed for 24 thousand. Payment transactions per second.

While the Coco Framework is in the process of development. The launch of the platform on the market is scheduled for 2018.

"We expect it to become the basis for corporate blocking systems," said Mark Russinovich, head of Microsoft Azure division,. "We believe that the blockage is potentially capable of transforming any industry".

Microsoft is going to distribute Coco Framework for free, but it is hoped that this product will attract more customers to the company's cloud services.