The software company says when integrated with blockchain networks, Coco supports more than 1,600 transactions per second and "Easily manages data confidentiality without sacrificing performance". Coco also provides comprehensive, distributed governance model for blockchain networks. It establishes a network constitution and allows members to vote on all terms and conditions governing the consortium. "Microsoft is committed to bringing blockchain to the enterprise," said Mark Russinovich, chief technology officer of Azure at Microsoft. "We have listened to the needs of our customers and the blockchain community and are bringing foundational functionality with the Coco Framework." Coco will be compatible with any ledger protocol and operate in the cloud and on premises, on any operating system and hypervisor that supports a compatible TEE. Initial implementations will include R3 Corda, Intel Hyperledger Sawtooth, J.P. Morgan Quorum and Ethereum.