Crypto-Follow logo Crypto-Follow logo
Cryptopolitan 2019-11-20 10:05:19

Huawei creates blockchain-based directory for Chinese government

Huawei, a leader in the telecommunications and smartphone industry, has created a blockchain-based directory, which will be used by the Chinese government. This is just one example of the rising implementation of blockchain technology in the country. Blockchain-based directory The goal behind this blockchain-based directory is to speed up documentation filing and storing processes. Up to now, there are about 44,000 files stored and operating on the platform. Additionally, there more than 8,000 different permission cases recorded in the directory. This is a blockchain-based directory of colossal magnitude, and what is even more important is that the Chinese government uses

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer