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Huawei’s Blockchain Strategy: Using BaaS Platform As a Core, Along with Cloud Computing and Chips

October 28, China’s telecoms giant and smartphone maker Huawei has disclosed its blockchain strategy in the Hyperledger Meetup held in Beijing.

Zhang Ziyi, the blockchain architect of Huawei’s cloud unit, disclosed Huawei’s choices, innovations and strategies of their blockchain layout in the meetup.

Zhang indicated that, the Coalition/Private blockchain would be the main battlefield for enterprise-level applications. She also added that, as the technological integration of blockchain and cloud computing becomes more and more mature, BaaS (blockchain-as-a-service) is expected to become the infrastructure of trust.

Huawei’s blcokchian strategy is mainly focusing on four valued elements: the data, IoT (Internet of Things), finance and operators. The firm will use the blockchain platform as the core, along with the network and chips, to form a trinity end-to-end industrial solution.

Huawei is an early blockchain pioneer, the firm has released BCS (blockchain service), a cloud blockchain service platform on March 30, which focuses on helping companies create enterprise-level blockchain solutions and applications.490a4121fc970792e0fb87bb296d36ce

BCS is based on open-source blockchain and Huawei’s years of technology accumulation of  distributed parallel computing, data management, and encryption. It enables enterprises to deploy blockchain technology within 5 minutes.

According to Zhang, Huawei’s BCS is build upon Docker and Kubermates. Its has high scalability and has been fully integrated with other cloud services. It also supports the flexible deployment of private and coalition blockchain and can be linked with existing IT infrastructure.

Huawei’s main blockchain strategy is using the BCS platform as the core to build BCS+ Huawei Cloud solutions.

The BCS concentrates on 9 application scenarios, including data assets, IoT, operation, identity verification, data certification, data transactions, new energy, philanthropic donations, and inclusive finance.

The firm also is about to use chips with blockchain SDK and API to upload data to the Huawei BCS. Then they may be able to conduct trusted data collection  through blockchain and these data could be used in various application scenarios.

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