The technology is currently compatible with Ethereum, one of the most popular types of blockchains and can make it roughly 100 times faster.
NEW YORK: Microsoft Corp is working on technology that it believes can make blockchain-based systems faster and more private, as it looks to speed up use of the distributed database software by enterprises.
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.
