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.

Best VPN Deals

Nord VPN

RECENT POSTS

Marketing & Sales: Neither A Special Task Nor A Seasonal Job

Many independent consultants, trainers and coaches regard marketing and sales as a particular task and not as a core process in every company. Their...

TONOR 12 Review – Selfie Ring Light With Tripod Stand TRL-20

The TONOR TRL-20 Selfie Ring that records amazing videos with excellent HD quality and it also carries a tripod, smartphone mount, and Bluetooth remote...

Facts To Consider When Choosing An Internet Provider

The internet is probably one of the most important utilities of its kind, in every business as well as every household today. Call it...

How Do I Keep Google Happy & Fulfill The Search Intention Of The User

Would you like to understand the search intent of the users better? In the first part of this series of articles, you will find...

12 Reasons To Go Paperless In Your Business

Are you thinking of turning your business into paperless and digital one, but still aren’t sure whether to do it or not? Well, let...

What Should Be Considered For Optimising A Mobile Website?

In the old days of the internet, before the mobile website existed, web designers always had to make sure that their pages weren't too...