Huawei - A Blockchain platform soon in sight?

in blockchain •  7 years ago 


Huawei, a Chinese multinational firm and leader in global information and communications technology, has invested in the blockchain. The company is ready to launch its own Blockchain As A Service (BaaS) platform, named Blockchain Service [BCS] and simultaneously published its blockchain white paper via its official website. A press conference was held in Shenzhen on Tuesday, 17 April.

Huawei presents its Blockchain-As-A-Service offer


The company recently announced plans to launch its new blockchain-As-a-platform (BaaS) platform. The Blockchain tool will be known as the discrete "Blockchain Service" or " Blockchain Service" . " The platform came a month after qu'Huawei began working with Hyperledger on a blockchain benchmarking tool called Caliper. The partnership with Hyperledger was set up in May 2017.

"Huawei Blockchain's cloud services rely on open-source data management, encryption, security and other core technologies built up over the years. Huawei's blockchain cloud service is an easy-to-use, flexible and efficient universal and basic technology that helps developers quickly and efficiently create industry-leading blockchain solutions for Cloud and Huawei applications, " the group said in its white paper.

Customers can create Smart Contract applications

Focused on developing smart contracts , Huawei's Blockchain Service "is a high-performance technology platform service, offering high availability and high security for enterprises and developers," reads its official description.
The Blockchain-as-a-service platform provides customers with the ability to build smart contract-based applications that can be linked to "supply chain, securities assets and utilities such as identity verification and security." 'financial audit. "

Obviously, Huawei is keen to remain China's first electronic conglomerate, in direct competition with Tencent and JD.com. The firm only addresses the Chinese technology community and, for the moment, there is no documentation available in other languages.

What do you think of Huawei launching its Blockchain service platform in China? Let us know in the comments section below.


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