Microsoft unveils open source Coco blockchain framework for healthcare, other industries

Microsoft has announced Coco, an open source framework that allows users to build enterprise-class blockchain networks. The framework offers confidentiality, data governance, scalability and security functionalities, making it suitable for organisations in various industries. Healthcare is one of the industries showing particular interest in blockchain technology due to its potential to enhance security, improve data interoperability and support various use cases such as claims adjudication, clinical trials and supply chain management.