Chinese Tech Giants from Alibaba to Xiaomi Ramp up Efforts in Blockchain

Mar 4, 2020

Chinese smartphone and electronics giant Xiaomi has recently set up a joint venture with a registered capital of 66 million yuan, which will particularly focus on new business areas involving blockchain, artificial intelligence (AI) and big data. The Hong Kong-listed company has been eyein...

China’s Search Giant Baidu Releases Its First Blockchain White Paper

Sep 27, 2018

The blockchain laboratory of Baidu, China’s internet search giant, has released its first ever blockchain white paper, titled “Baidu Blockchain White Paper V1.0” on Wednesday. It outlines the development of XuperChain, Baidu’s independently-developed blockchain network and the comp...

Search Giant Baidu Unveil Super Chain Compatible With The System of Bitcoin and Ethereum

Jun 4, 2018

China’s search giant Baidu has announced its big move on blockchain solutions – Super Chain, a protocol compatible with the development system of bitcoin and Ethereum, and aims at reducing mining energy consumption. The chief scientist at Baidu’s blockchain division Xiao Wei revealed...

Baidu Promote Wallet Through Pet-chain, A Clone of Cryptokitties

Feb 5, 2018

It’s reported that Baidu has released its blockchain-based game: pet chain, a Cryptokitties-like game built on blockchain. After downloading baidu wallet, each user can claim two pet dog and some “micro credits”for free. The product is developed by Baidu Blockchain Lab, a member of Hyper...

Baidu Joins Hyperledger to Advance Blockchain Technology

Oct 23, 2017

Zhang Xuyang, vice-president of Baidu.[Photo credit: chinadaily] 19 October, 2017 Beijing-Baidu, one of the Internet giants in China, has announced joining Hyperledger, an open source project under Linux Foundation. Hyperledger has been joined by over 160 members across the world,...

Baidu Finance Issue 424m Yuan Blockchain-based ABS in China

May 18, 2017

May 16 Beijing- Baidu Finance announced issuance of the first blockchain-based ABS product in China with 424 million yuan worth. The product is jointly released with Baiqian Leasing, Huaneng Trust. The product contains private equity ABS for personal car rental. The adoption of bl...