Home BEST PICKS Huawei Cloud Launches Blockchain Service Globally

Huawei Cloud Launches Blockchain Service Globally

Huawei Cloud launches its Blockchain Cloud Service internationally. This cloud service allows developers and businesses to create and deploy their own blockchain applications in the cloud.

The Blockchain Service was launched in China by Huawei Cloud in early 2018. It allows developers and entrepreneurs to create, deploy and manage Blockchain applications on the Chinese giant’s cloud quickly and inexpensively.

According to Huawei, BCS can be used in most industries, including the Internet of Things, Big Data and finance. It can, for example, allow identity verification, food tracing, remote health care, data transactions, or even management of IoT devices.

There are already many Blockchain applications, but Huawei is doing well by positioning itself in the BaaS market (Blockchain as a Service Cloud). This saves users time since they no longer have to take care of the deployment, which can be time-consuming and complex.

Huawei Cloud Blockchain Service: A Flexible & Inexpensive BaaS Service

In addition, according to Huawei, the Blockchain Service is flexible, efficient, and brings together many consensus algorithms. Deployment is also very inexpensive, and unified management reduces maintenance costs. Security and confidentiality are also in the spotlight within particular functionalities allowing to manage users and permissions on an individual scale.

As of December 3, 2018, the Blockchain Cloud Service is available worldwide on the Huawei Cloud international site. Subsequently, the Chinese giant plans to launch a globally distributed Blockchain platform.

It remains to be seen whether the BCS will succeed in attracting companies outside of China despite suspicions of spying on Huawei. Recall that the firm is banned from the United States and that Germany and France plan to take the same measures.

Also Read: BaaS: What Is Blockchain As A Service

Tech Cults
Tech Cults is a global technology news platform that provides the trending updates related to the upcoming technology trends, latest business strategies, trending gadgets in the market, latest marketing strategies, telecom sectors, and many other categories.

RECENT POSTS

Cloud ERP: Greater Efficiency And Savings For Your Business

Cloud ERP is yet another novelty that has been improving organizations' routine, which is increasingly dynamic and needs savings and agility.In short, it is...

Is AnyWebP A Trusted Website To Convert WebP Images To JPG?

File conversion is necessary because it allows users to share and store their files in various formats. This will enable people with different devices...

5 Reasons Why GST Payments Are Critical For Businesses

Goods and Services Tax (GST) was a bold move by the central government to simplify indirect taxes and offer a multitude of advantages for...

The Design That The Galaxy S23 Series Will Have Has Been Filtered

Mobile phone designs have been leaked, which will undergo minor changes from last year.SAMSUNG It is just weeks away from unveiling the new version...

6 Ways To Find Real-World Entrepreneurs Online

Hearing successful entrepreneurs' stories can inspire and educate aspiring business owners. Often, people who are successful in implementing their ideas can provide helpful tips...

Manual vs. Automated: Which Testing Method Is Best?

Test manually or automatically? All software developers face this question sooner or later. Today, we find out the advantages and disadvantages of both types...