Microsoft and Intel unite to bring blockchain to businesses

microsoft intel coco framework the blockchain
You still may not know what bitcoin is, but soon, you could be working with the technology that powers the cryptocurrency. Intel and Microsoft are working together to bring blockchain into the workplace, and it’s all contingent on a new framework they’re calling Coco. Heralded as a first-of-its-kind innovation, the goal is to jumpstart widespread adoption, particularly among businesses, of blockchain technology. After all, blockchain allows for secure and speedy transactions, which are key to many modern businesses.

As Microsoft noted in a news release, the Coco Framework is meant to reduce the complexity currently associated with blockchain protocol technology. As such, the company notes, the framework could pave the way for “more complex, real-world blockchain scenarios across industries — like financial services, supply chain and logistics, healthcare and retail — further proving blockchain’s potential to digitally transform business.”

Once integrated with a blockchain network, the Coco Framework could allow for transaction speeds of more than 1,600 transactions per second as well as seamless and confidential data management.

“Blockchain is a transformational technology with the ability to significantly reduce the friction of doing business,” Mark Russinovich, chief technology officer of Azure at Microsoft, said. “We have listened to the needs of our customers and the blockchain community and are bringing foundational functionality with the Coco Framework.”

While this won’t necessarily mean that every company everywhere will suddenly implement blockchain solutions, it does mean that large corporations that have trouble reaching privacy and security at scale could begin to more easily take advantage of a technology that really does lend itself quite well to business.

“We are thrilled to work with Microsoft to bring blockchain to the enterprise,” Rick Echevarria, vice president, Software and Services Group and General Manager, Platforms Security Division at Intel, said. “Our mutual customers are excited by the potential of blockchain. Intel is committed to accelerating the value of blockchains powered by Azure on Intel hardware, by improving the scalability, privacy and security of the solutions based on our technologies.”

So start reading up on your bitcoin and blockchain news, friends. It could soon affect your daily life sooner than you think.

Emerging Tech

Believe it or not, this fire-proof exoskeleton isn’t designed for space marines

A company called Levitate Technologies has developed a fire-resistant upper body exoskeleton that’s capable of lowering exertion levels by up to 80 percent when you carry out manual work.
Computing

Windows Update not working after October 2018 patch? Here’s how to fix it

Windows update not working? It's a more common problem than you might think. Fortunately, there are a few steps you can take to troubleshoot it and in this guide we'll break them down for you, step by step.
Movies & TV

The best movies on Amazon Prime right now (November 2018)

Prime Video provides subscribers with access to a host of fantastic films, but sorting through the catalog can be an undertaking. Luckily, we've done the work for you. Here are the best movies on Amazon Prime Video right now.
Home Theater

Time for a TV upgrade? Here’s what you need to know about 4K Ultra HD TV

Ultra HD 4K has quickly taken over the world of TVs. But what is Ultra HD 4K, how does it work, and most importantly, should you upgrade, or keep your old TV? We explain it all right here.
Mobile

Apple reportedly chooses Intel to supply the modem for the first 5G iPhone

While some reports hinted that Apple was looking to move away from using Intel tech, a new report suggests the exact opposite. Reportedly, Apple has chosen Intel to supply 5G modems for Apple's first 5G-enabled iPhone, due in 2020.
Outdoors

GM is getting into ebikes, and it wants you to help name them

General Motors has just unveiled its first-ever electric bikes and has launched a $10,000 public contest to help name them. Tip: It's probably not worth suggesting "Bikey McBikeface."
Smart Home

No, Amazon Day isn’t yet another shopping event, but you may find it useful

Don't worry, Amazon Day isn't yet another online shopping extravaganza aimed at wrecking your monthly budget. Instead, it's a delivery option being tested for Prime Members that could actually be pretty useful.
Outdoors

Lime splashes $3 million on a campaign to encourage safer electric scooter rides

Keen to boost its image and keep local communities onside, scootersharing outfit Lime is spending $3 million on a campaign to teach its users how to ride more safely and responsibly.
Social Media

Facebook opens pop-up stores at Macy’s, but they’re not selling the Portal

Facebook has opened pop-up stores at multiple Macy's, though they're not selling Facebook's new Portal device. Instead, they're showcasing small businesses and brands that are already popular on Facebook and Instagram.
Smart Home

Amazon sends out physical toy catalog for kids of all ages this holiday season

Amazon confirmed it is shipping a printed holiday toy catalog, "A Holiday of Play," to millions of customers starting in November. The 68-page catalog has QR codes for many toys. A downloadable version links to each product on Amazon.
Mobile

Google confirms it will add Android support for foldable displays

It's already clear a few smartphones of 2019 will be foldable, and Google is embracing the trend. The company announced its adding Android support for foldable devices, which will allow apps to work seamlessly with the new form factor.
Mobile

Rugged Cat phones look to crack U.S. market through new deal with Sprint

The biggest name in rugged smartphones is launching a new device in the U.S. with Sprint. The Cat S48c is a tough, but affordable phone that can handle drops, water, dust, and extreme temperatures.
Cars

Bosch, Daimler team up to deploy autonomous Mercedes-Benz S-Classes in San Jose

In 1986, when Bosch and Daimler joined an autonomous car research project, the technology seemed overly futuristic. Now, the partners are aiming to make a production self-driving car by the early 2020s.
Home Theater

Comcast wants you to take control of your smart home through your TV

Comcast is looking to take on Google and Amazon as the center of your smart home. The company is reportedly testing a program that would allow broadband-only customers to turn their TVs into smart home hubs.