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Microsoft and Cornell Tech Announce New Partnership


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Artist's rendering of Cornell Tech's Roosevelt Island, NY, campus.

Microsoft is partnering with the Cornell Tech-based Initiative for Cryptocurrencies and Contracts, a program involving faculty members from Cornell University, Cornell Tech, the Technion Israel Institute of Technology, the University of California, Berkel

Credit: Cornell University

Microsoft is partnering with the Cornell Tech-based Initiative for Cryptocurrencies and Contracts (IC3), a program involving faculty members from Cornell University, Cornell Tech, the Technion Israel Institute of Technology, the University of California, Berkeley, and the University of Illinois at Urbana-Champaign.

IC3 "uniquely meets the blockchain community's urgent need for world-class expertise in computer science that spans cryptography, distributed systems, programming languages, game theory, and system security techniques," says the IC3 website. IC3 works with experts from fields such as finance, banking, and entrepreneurship to conduct blockchain research and develop faster and more secure technologies.

"We're delighted to work more closely with Microsoft's blockchain experts, who share our vision of blockchain-based solutions for next-generation financial services," says Cornell Tech professor and IC3 co-director Air Juels.

The IC3-Microsoft partnership follows Microsoft's announcement of its Coco platform, a new blockchain framework designed to make it easier to build enterprise networks.

From Cornell Sun
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