Microsoft to Use Trusted Execution Environment in DLT

IT giant had filed two new applications to the US Patent and Trademark Office (USPTO)
14 August 2018   487

Microsoft has submitted two new applications to the US Patent and Trademark Office (USPTO) for the use of the Trusted Execution Environment (TEE) in future blockchain solutions. This is reported by Coindesk.

According to patents, TEE is listed in the role of code in the node-validator, predetermined by the type of blockchain or other security protocol. In this form, certification based on TEE will be able to verify the participants in the system who own the same information as the nodes.

As indicated in the first patent, this solution will find use in blockchain consortiums. In particular, the first node will store the list of members of the association among another block of information, and TEE will monitor the safe inclusion of new members in the "consortium network."

In the second application, Microsoft said that the solution based on TEE will help in verification of transactions in the blockchain, where the authorized network is the authorized group of persons.

With the TEE-certification process, some transactions can be processed and confirmed without the need for decryption before further transmission on the network.

According to the developers, thanks to the innovation, the network will be able to accept transactions and directly update the structure of the block.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   111

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.