Both these features are a part of ‘BankChain’, a community of 27 banks who have joined hands to explore blockchain technology and build banking solutions.
The box is secured with 256-bit AES encryption. It also follows Microsoft’s SMB and CISF protocol. Microsoft has partnered with companies like Commvault, Veritas, NetApp, Avid, Rubrik, and CloudLanes.
With a rise in the adoption of blockchain technology, Microsoft announced 'Coco Framework', an innovation that aims to reduce complexities for enterprises.
Blockchain is a data structure used to create a digital transaction ledger which, instead of resting with a single provider, is shared among a distributed network of computers.