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.
Telecom Giant AT&T Interested In A Blockchain-Based Social Media ‘Mapping’ System
“The social media history map platforms described herein may take advantage of the immutable and permanent nature of blockchain records to store, and provide access to, data representing online transactions that occur on multiple social media applications.”According to the filing, content creators would keep the ownership of their data on the "mapping" platform:
“However, instead of passing ownership of blocks or data between users, a social media account owner maintains primary ownership of his or her online transaction data. What passes from the social media account owner to other users of the social media history map service, such as followers of the social media account owner, is a notion of elevated visibility rights.”This is just one more patent application in the series that were submitted by companies such as Xerox, American Express, IBM and others - and a new milestone for AT&T overlooking its expansion in the field of blockchain.
Binance Labs Introduces Us To The ‘First Batch’ Of (Final) Blockchain Projects
TRON’s DApp Usage Jumps 48% To +1 Million Transactions Last Week
“This week, the 24-hour transaction number for Dapps reached 1.04M, a 48% increase compared with last week; the 24-hour trading volume hit 640M TRX, an 151% increase compared with last week. We have seen significant increases in both indexes […]”One of the most interesting projects built on Tron is Seedit which is a decentralized platform that lets users contribute funds to the content creators that they most appreciate. Project Atlas is also a well-known project which incentivizes people to seed content on the BitTorrent protocol, which was acquired by Tron back in July this year.
LinkedIn’s Largest Growing Job Sector Is Blockchain Development
“It’s no surprise that we’re seeing an explosion of machine learning roles and continuing growth of data science roles. In fact, we started to see glimmers of this in last year’s report; however, both fields are starting to see more specialized roles emerge. It also may not shock you that Blockchain Developer is topping the list following this year’s surge in interest around blockchain and cryptocurrency.”The great news for all of the people interested in a career in this sector is that there are plenty of universities now that adopt blockchain-related courses which help to boost the blockchain expertise in the following years.
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