Microsoft's Coco Framework was already Launched
The Coco Framework will resolve issues faced by businesses operations who are adopting to the blockchain technology in a consortium environment. Their solution offers TEE or Trusted Excecution Environment which is silicon secured.
The Coco Framework uses compute-intensive proofs of work protocol which have increased productivity than Ethereum consortium network.
TEE also allows the creation of a trusted network in the consortium blockchain.
Various companies are already using the Coco Framework including Ethereum, Chase Bank and Intel.
Korea's Dongbu Group Joins Sentbe, a Bitcoin Remittance Service Provider
Dongbu Group, a South Korean conglomerate joined Sentbe which is a remittance service provider that accepts supports Bitcoin.
Through Sentbe, customers can send money to other countries such as Vietnam, Indonesia, Philippines, Japan and China.
Dongbu Group is a company produces shipping, chemical, financial, insurance and industry products. It's subordinate company which is Dongbu Savings Bank is a WSBI member.
Since the bank is a WSBI member, it has a wide reach to other more financial institutions al over the world.
Headlines for the world of Cryptocurrencies - August 27, 2017Ethereum will Implement Two Hard Forks This September 2017 / Papua New Guinea sees Blockchain as solution to the Unbanked |
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Headlines for the world of Cryptocurrencies - August 26, 2017Development on Bitcoin's Lightning Network Compatibility Almost Complete / 9 More Blockchain Patent Applications filed by Bank of America Released / Cryptocurrencies is Set to be Legalized in Vietnam |
Headlines for the world of Cryptocurrencies - August 25, 2017Ripple Announces “Swell: The Future Is Here” / An Automated Mobility Service on the Blockchain |