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Chinese Search Engine Giant Baidu Releases ‘Super Chain’ White Paper

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Thu, 27/09/2018 - 9:30
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Chinese Search Engine Giant Baidu Releases ‘Super Chain’ White Paper
Cover image via U.Today
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On Wednesday, Sept. 26, Chinese search engine giant Baidu released its “Baidu Blockchain White Paper V1.0,” which describes the company’s new network system, “Super Chain.”

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The white paper focuses on “the independent development of the ‘Super Chain’ network system,” and the possible commercialization of Baidu’s cloud Blockchain-as-a-service (Baas) platform. Six applications based on the “Super Chain” are mentioned as well.

According to the white paper, Super Chain nodes “use multi-core parallel computing to maximize CPU utilization and increase throughput,” and hence it is more efficient than the traditional Blockchain.

Baidu will focus on applying Super Chain in many areas, from food safety and product quality to social networking.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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