Baidu Releases First Blockchain White Paper

Total News – Atlanta, GA 9/27/2018 – Chinese tech giant Baidu has released its first 'Baidu Blockchain White Paper V1.0' on Wednesday, September 26. This focused on the architecture and implementation mode of a 'Super Chain (XuperChain)' network system.

The paper introduces the idea of commercializing the Baidu cloud blockchain Blockchain-as-a-Service (BaaS) platform which can help users set up their own blockchain networks quickly. Baidu's Super chain is more efficient than a traditional blockchain in that it performs with a higher degree of hardware utilization.

Baidu has been focused on development of blockchain technology this year, with most of the work done is through the Baidu Blockchain Lab. Baidu has since launched Totem – a blockchain-based stock photo service, and Degree Universe – a digital universe which is the company's first blockchain product.

For more information on Baidu's Super Chain, click here to access the full document.

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