Huawei released a block chain white paper, only playing with the chain and not with the currency



During the 2018 Huawei Analyst Conference (HAS2018) the day before yesterday, Zheng Yelai, President of Huawei Cloud BU, released the "Huawei Blockchain White Paper" in the cloud session. This white paper systematically introduces the rise of blockchain, core technologies, principles and mechanisms, industrial development status at home and abroad, and typical application scenarios, and summarizes Huawei's research results on blockchain over the years. described in detail.

 


Blockchain Patent Entry


It was two years ago that Huawei electrocuted the blockchain. In May 2016, Huawei has joined the Financial Blockchain Cooperation Alliance to explore the alliance blockchain and application scenarios for financial institutions. The alliance companies also include Tencent, Yinchain Technology, and Shenzhen Financial Information Service. Association, etc. In October of the same year, Huawei joined the Hyperledger (an open source project launched by the Linux Foundation in 2015 to promote blockchain digital technology and transaction verification. The members include: ABN AMRO Bank, Accenture and more than a dozen different stakeholders. It is to allow members to work together to build an open platform to meet various user cases from multiple different industries and simplify business processes.) Because Huawei continues to make technical and code contributions in the two most popular sub-projects, Fabric and STL, At the same time, he was awarded the position of Maintainer by the community, and he is also the only Maintainer from Asia in the two projects.

 

Huawei's patent application for its blockchain technology appeared in the patent application issued by the State Intellectual Property Office in August of the same year. The patent documents show that the patent was first submitted in August 2016. It is about using blockchain technology to store digital content verification information and realize the network verification function of P2P distribution content. When a third party initiates a download request to the network, the system will The license and verification information are matched, and the content will only be allowed to download if the verification request reaches a consensus on the blockchain. Huawei said the technology is an intellectual property protection scheme for P2P distribution and dissemination of digital content.

 

Zheng Yelai, President of Huawei Cloud BU


HUAWEI CLOUD'S BLOCKCHAIN


In the white paper released the day before yesterday, HUAWEI CLOUD blockchain services can be used in data applications, IoT, finance, and other fields. Specific scenarios include: data transactions , identity authentication , real estate/education certification, telemedicine, food traceability, Internet of Vehicles, IoT device management, targeted poverty alleviation, supply chain finance, etc., can be well combined with industry scenarios to help build a technology ecosystem and digital transformation of the industry.


At present, HUAWEI CLOUD blockchain services mainly focus on 4 categories and 9 categories of application scenarios, including data assets, IoT, operators, and financial fields, such as: identity authentication, data storage/transaction, new energy, public welfare donation, general Benefit Finance, etc.

 

 

HUAWEI CLOUD BCS claims to help enterprises complete blockchain deployment in 5 minutes


The blockchain service BCS (Blockchain Service) that HUAWEI CLOUD has launched this time is based on open source blockchain technology and Huawei's years of accumulation in core technologies such as distributed parallel computing, data management, and security encryption, claiming to help the industry. Enterprises can quickly and efficiently build enterprise-level blockchain industry solutions and applications on HUAWEI CLOUD.


According to the white paper, its performance is up to 2000TPS-10KTPS. Through layered encryption, national secret support, homomorphic encryption and zero-knowledge proof and other security technologies, the network and terminals (including chips) are combined to create a "cloud service + network + chip/terminal" blockchain framework.

 

After Tencent and JD.com entered the blockchain, Huawei's white paper made this market more intense. Regarding the development of blockchain, Huawei made its own judgment in the following three dimensions.

 

From the perspective of application ,2018 is the first year of the application of blockchain. Before the standard is perfected, trials in different industries are the focus. Supply Chain Finance will enter the first trial lineup.

From a technical perspective , security is an important issue that needs to be considered in building a blockchain, and the national secret algorithm will become the application standard of blockchain in the main domestic market.

From the perspective of the development of the blockchain industry , China, the United States and Europe will become important areas for blockchain applications, and the blockchain will not be short-lived.

As for whether to issue coins, Zheng Yelai, President of Huawei Cloud, said: "It should be said that the blockchain itself is a very good technology. The blockchain solves the problem of trusted transmission, and Huawei uses this to solve the problem of internal security. Virtual currency It's just a business use of the blockchain. I don't evaluate virtual currency. Huawei's investment in a technology is a long-term investment. But this thing should not be related to virtual currency. "

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