China News Service, April 19 -- During the 2018 Huawei Analyst Conference (HAS2018), Zheng Yelai, President of HUAWEI CLOUD BU, released the "Huawei Blockchain White Paper" at the cloud session. The white paper systematically introduces the rise of blockchain, core technologies and mechanisms, industrial development status and typical application scenarios at home and abroad, summarizes Huawei's research results on blockchain over the years, and introduces HUAWEI CLOUD blockchain service BCS in detail. The release of the Huawei Blockchain White Paper has a positive role in accelerating the rapid implementation of blockchain technology and promoting the digital transformation of the industry.
Blockchain is technologically decentralized, tamper-proof, and traceable, allowing stronger trust between participants and subjects. This feature can be combined with enterprise applications and industry scenarios to truly generate value, which is a kind of technical ecology. The white paper points out that HUAWEI CLOUD blockchain services can be used in data applications, IoT, finance, and other fields, such as data transactions, identity authentication, real estate/education and other information proofs, telemedicine, food traceability, Internet of Vehicles, IoT device management, targeted poverty alleviation, supply chain finance, etc., which can be well combined with industry scenarios to help build a technology ecology and industry digital transformation.
At present, HUAWEI CLOUD blockchain services mainly focus on 4 categories and 9 sub-categories of application scenarios, including data assets, IoT, operators, and financial fields, such as identity authentication, data storage/trading, new energy, public welfare donations, and inclusive finance.
HUAWEI CLOUD BCS helps enterprises complete blockchain deployment in 5 minutes
At present, industry enterprises are actively exploring blockchain technology. However, it is not easy for enterprises to deploy blockchain in a cloud environment, requiring developers to have a deep understanding of blockchain technology, and deployment is time-consuming and time-consuming.
HUAWEI CLOUD's blockchain service BCS (Blockchain Service) is an enterprise-level blockchain cloud service product based on open-source blockchain technology and Huawei's years of accumulation in core technologies such as distributed parallel computing, data management, and secure encryption. BCS focuses on the construction of blockchain cloud technology platforms, helping industry enterprises quickly and efficiently build enterprise-level blockchain industry solutions and applications on HUAWEI CLOUD, helping enterprises launch new solutions one step ahead of time, and promoting the rapid implementation of blockchain application scenarios.
Based on HUAWEI CLOUD's leading cloud-native technologies (such as containers), HUAWEI CLOUD BCS can complete blockchain deployment in as little as 5 minutes, and provides a variety of secure and efficient consensus algorithms with performance of up to 2000TPS to 10KTPS. Based on HUAWEI CLOUD's full-stack security capabilities, BCS services comprehensively protect the accounts, nodes, ledgers, and data of the blockchain system through security technologies such as layered encryption, national secret support, homomorphic encryption, and zero-knowledge proofs, ensuring the security of user and transaction information.
Focus on typical applications and build a "trinity" blockchain architecture
Huawei focuses on typical application areas, with HUAWEI CLOUD blockchain service BCS as the core, and combines networks and terminals (including chips) to create a three-in-one blockchain framework of "cloud services + network + chip/terminal", which combines software + hardware to provide faster and more secure blockchain end-to-end solutions, and serves the construction of an end-to-end trusted social system.
HUAWEI CLOUD is committed to helping enterprises solve the credibility problem in the process of data circulation through blockchain technology, and working with enterprises to build a trustworthy society. The white paper also points out that HUAWEI CLOUD will not participate in any virtual currency-related services.
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