Story image

Huawei Cloud launches international blockchain service

04 Dec 2018

Huawei Cloud officially launched its Blockchain Service (BCS) for global use, after launching it for commercial use in China on October 10th this year.

Now available on the international Huawei Cloud website, the service supposedly helps global enterprises and developers create, deploy, and manage blockchain applications quickly on Huawei Cloud. Its global launch lays the foundations for a distributed global blockchain platform.

Being proactive is essential to building a blockchain ecosystem

Blockchain features decentralisation, tamper resistance, and traceability, and builds trust between transaction participants. 

As such, blockchain generates value when used in enterprise applications in specific industry scenarios. 

Enterprises in various industries are currently exploring the applications of the blockchain, but deploying a blockchain on a cloud is no mean feat. Indeed, developers need to have a thorough understanding of blockchain technologies. Deployment is also time-consuming.

As early as 2016, Huawei joined Hyperledger hosted by the Linux Foundation. 

For its continuous technical and code contributions in two sub-projects, Fabric and STL, Huawei has been recognized as a key Hyperledger maintainer. Huawei is also the only maintainer from Asia in these sub-projects.

BCS is a cloud service that capitalises on the advantages of Huawei Cloud's container and security technologies, among others. It is easy to use, efficient, and universally applicable, and can be used in data applications, the Internet of Things (IoT), finance, and other fields. 

The scenarios it can be used in cover data transactions, identity authentication, proof of information (such as real estate and education), remote healthcare, food source tracing, the Internet of Vehicles (IoV), and IoT device management. 

It offers substantial assistance for establishing a technological ecosystem and digitally transforming industries.

BCS has significant advantages

Huawei Cloud is now focused on developing its blockchain platform to offer technical support for enterprises that develop blockchain applications and solutions.

BCS has the following advantages:

Open and easy to use

Built-in compliance with Hyperledger Fabric 1.1 and Kubernetes, featuring a simple configuration, deployment in minutes, and automatic multi-angle E2E O&M.

Flexible and efficient

Multiple efficient consensus algorithms (5,000+ TPS) and flexible switching, dynamic joining or quitting of multi-role nodes and members, and container-based physical resource management.

Cost-effective

Lower development and deployment costs, pay-per-use convenience, reduced O&M costs with unified management, and auto-scaling and upgrade/rollback on demand.

Robust security and privacy protections

Complete management and isolation of users, keys, and permissions; multi-layer encryption and privacy assurance; fully demonstrated cybersecurity infrastructure.

Huawei Cloud BCS is supposedly dedicated to providing enterprises with a solid foundation for innovation and development. 

Using BCS, a company can establish a blockchain system suited to its own business.

ZombieLoad: Another batch of flaws affect Intel chips
“This flaw can be weaponised in highly targeted attacks that would normally require system-wide privileges or a complete subversion of the operating system."
Forget endpoints—it’s time to secure people instead
Security used to be much simpler: employees would log in to their PC at the beginning of the working day and log off at the end. That PC wasn’t going anywhere, as it was way too heavy to lug around.
DimData: Fear finally setting in amongst vulnerable orgs
New data ranking the ‘cybermaturity’ of organisations reveals the most commonly targeted sectors are also the most prepared to deal with the ever-evolving threat landscape.
IXUP goes "post-quantum" with security tech upgrade
The secure analytics company has also partnered with Deloitte as a reseller, and launched a SaaS offering on Microsoft Azure.
Infoblox appoints channels head for A/NZ
Kenneth Cartwright’s appointment extends Infoblox’s position in secure cloud-managed network services throughout the region.
ExtraHop’s new partner program for enterprise security
New accreditations and partner portal enable channel partners to fast-track their expertise and build their security businesses.
Hackers increasingly ‘island hopping’ – so what does it mean?
Carbon Black's Rick McElroy discusses this new trend and what it means for the new age of cybercrime.
Trust without visibility is blind – Avi Networks
Enterprises are wanting to gain the trust of their customers, but are often found blindly defending themselves.