Internet giant Baidu launches Blockchain 'Super Chain' protocol

[BinhZed]

China's Internet giant Baidu has announced the next step in its Blockchain integration as a protocol to reduce the energy consumption in its operation, according to a report by China. News Weekly reported on June 3.

'Super Chain' - Baidu's new blockchain protocol

Scientists at the department head  Blockchain  at Baidu, Xiao Wei, revealed the protocol  ' Super Chain (Super chain) '  at a local conference on the weekend.

This move comes after the growing number of Baidu's e-money direct tests, which launched Blockchain-as-a-Service (BaaS) in January this year.

'Super Chain' can "insert and remove consensus mechanisms to address current energy consumption," Wei explained, and also "compatible with Bitcoin  and  Ethereum development systems  ."

The move of Baidu and Chinese managers

In April, Baidu launched a Blockchain-based product since implementing BaaS, the product as a digital rights management platform.

When big Chinese businesses were attracted by Blockchain, and even President Xi Jinping had declared that " want to develop economy can not be ignored Blockchain, " the authorities of the country is planning strict management regulations. Last month, Beijing announced the "standards" to be launched by the end of 2019.

[harrypot]

China always motivate about tech so here is the visual result based on this Baidu is doing well also block chain tech is more famous in the world so though they are huge company so they took this good initiative based on this it may bring a huge success.

[jasonhart]

Actually the blockchain technology as well as the market of crypto currency is getting more and more popular. Different types of companies are showing their interest in this technology. Baidu is one of the giant companies that have launched super chain protocol. I think it will be able to get success.

[GaryCynthia]

I heard the news before. I think it’s a great initiative for Baidu. Now wait and see what they can do?is it positive or negative for the market time will finds out.

[spastikss]

This is a great news for crypto world. We need to see more giants as Baidu in crypto. These will make crypto more known in world.