Blockchain can simplify data management by creating a trusted digital ledger that all parties agree on. For example, a blockchain for government data could help public sector bodies keep a verified record of official data that could be accessed across departments.
And it could make changing data on those records simpler, allowing users to transfer data from one government department to another, cross-checked against the blockchain.
Something that might help along the adoption of blockchain in the enterprise is Microsoft’s Coco Framework, announced August 2017. Short for 'confidential consortium', the Coco Framework will be able to bolster data confidentiality without sacrificing performance, Microsoft says, as well as being capable of processing more than 1,600 transactions per second.
The Framework, Microsoft says, will be compatible with "any" ledger protocol, on the cloud or on-premises, and on any OS or hypervisor as long as it supports a compatible trusted execution environment. It will be open sourced on GitHub in 2018.
For now, early implementations will include Intel Hyperledger Sawtooth, JP Morgan Quorum, Ethereum, and R3 Corda.