Huawei Cloud Officially Launches Blockchain Services

The cloud service of Huawei Global-Huawei Cloud is in our latest blockchain news for the announcement of the official launch of their Blockchain Service (BCS).

The BCS was already launched for commercial use in China this year and it is available to a broad audience via Huawei Cloud’s international website.

This service will help entrepreneurs and developers around the world to create and deploy blockchain applications on the Huawei Cloud at a much cheaper cost. The global launch will also set the ground for a global blockchain platform to be released soon.

The company claims that the BCS services can be applied in multiple industries including finances, data applications and the Internet of Things. Also, BCS will cover identity verification, data transactions, source tracking and remote healthcare and many more areas. Other applications are now being investigated across various industries but Huawei also wants to deploy the DLT on the cloud service as well.

According to the company, their blockchain services are flexible and efficient and it is made easy to turn on, turn off or join multi-role nodes and members in an instant. They also offer efficient consensus algorithms and low cost of deployment.

In early 2016, Huawei partnered with Hyperledger which an extremely popular open-source project in the blockchain sector so they could launch the Linux Foundation. Thanks to the technical support, Huawei is now recognized as a huge maintainer and supporter of Hyperledger.

Also, with the work on Caliper since its inception in May 2017, Huawei already knows how to build successful projects like this and is a major sponsor of Hyperledger. In October 2017, Huawei joined as a sponsor behind it along with the Chinese internet giant Baidu, who recently launched its own blockchain-based image rights platform.