January 24, 2026

Capitalizations Index – B ∞/21M

Huawei Cloud Announces Global Launch of its Blockchain Services

Huawei cloud announces global launch of its blockchain services

Huawei Cloud Announces Global Launch of its Blockchain Services


Huawei
Advertisement

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here.

Huawei Cloud, the cloud services arm of Huawei Global, has announced the launch of its Blockchain Service (BCS), according to an official press release.

The BCS was launched for commercial use in China earlier this year, and it is now available to a global audience on Huawei Cloud’s international website.

The service allows global entrepreneurs and developers to create, deploy and manage blockchain applications on Huawei Cloud, at a blistering pace and cheaper cost. Per the announcement, the global launch of BCS will also lay the groundwork for a soon to be released distributed global blockchain platform.

BCS is a cloud service that leverages on the blockchain and on some of the advantages inherent in the Huawei Cloud container and security technologies. The company claims that the BCS can be applied in most industries, including the Internet of Things (IoT), data applications and finance. BCS will be able to cover a wide array of scenarios, including but not limited to identity verification, food source tracing, remote healthcare, data transactions, IoT device management, proof of information and the Internet of Vehicles (IoV).

Several applications of blockchain technology are being investigated and explored by various enterprises across various industries, but Huawei is taking it a step further by deploying the distributed ledger technology on a cloud service. Deployment is a time-consuming process, and it is essential that developers have a proper understanding of the terminologies and concepts under blockchain technology.

According to Huawei, its Blockchain Service is flexible and efficient, among other things. It makes it easy to switch, join or quit multi-role nodes and members. It also offers multiple efficient consensus algorithms (5,000+TPS). Another advantage that was highlighted in the press release is the low cost of deployment and reduce O&M costs with unified management and its security and privacy protections, which the company claims can manage and isolate users, permission and their private keys and still provide multi-layer encryption and privacy for users.

Back in 2016, Huawei partnered with Hyperledger, one of the most popular open-source projects in the blockchain field, to launch the Linux Foundation. Thanks to its continuous technical and code contributions to Fabric and STL, Huawei has been recognized as a major maintainer of Hyperledger. In these sub-projects, Huawei remains the only Hyperledger maintainer from Asia.

Featured image from Shutterstock.

Get Exclusive Crypto Analysis by Professional Traders and Investors on Hacked.com. Sign up now and get the first month for free. Click here.

Advertisement

Published at Sun, 02 Dec 2018 10:03:38 +0000

Previous Article

Digital Currency Risks Being Monitored: Nigeria’s Depositor Funds Insurer

Next Article

Crypto Custody? State Street Is Waiting on a Client Shift, Exec Says

You might be interested in …

Digix dao & dgx - gold on the blockchain

Digix DAO & DGX – Gold on the Blockchain

Digix DAO & DGX – Gold on the Blockchain The team over at Digix have the most robust gold backed crypto project going. There are many in the crypto arena, but Digix has got a […]

Бутерин объявил ethereum 2. 0 будет ли рост eth? Показываю несостоятельность шортов с точки зрения та

Бутерин объявил Ethereum 2.0 Будет ли рост ETH? Показываю несостоятельность шортов с точки зрения ТА

Бутерин объявил Ethereum 2.0 Будет ли рост ETH? Показываю несостоятельность шортов с точки зрения ТА Бутерин объявил Ethereum 2.0 Будет ли рост ETH? Показываю несостоятельность шортов с точки зрения ТА Скидка 50% на обучение трейдингу […]

Trade.io Announces Confirmed Pre-ICO Partnerships With Two International Brokers That Will Adopt Trade.io Technology & Exchange For Client Trading

Investors have been anxiously awaiting the time when those huge brokerage commissions would be no more. Thanks to trade.io that time has come and early investors in this blockbuster ICO will see unheard of profits that they can actually keep without paying out that bulky commission to their “Advisor”.

[Note: This is a press release.]


Zug, Switzerland – On the heels of an announcement of Trade.io’s upcoming ICO, Trade.io can now confirm that two early adopters of this new financial trading platform will, in fact, use this trading exchange on the first day of operations. In an unusual twist, this development of early adopters will prove to be extremely profitable for early investors of this highly anticipated Initial Coin Offering.

Trade.io has already sent ripples through not only the Financial Sector but also the world of ICO investing as this ICO stands out among the rest. Most Pre-ICO’s although may have great potential, many will ultimately fail due to either a lack of interest or a lack of users. It is important to understand that Trade.io has successfully secured two regulated brokerage firms that will use the platform for trading immediately upon release, which will allow for an immediate expansion of the platform and distribution.

During a recent press event, Jim Preissler, the CEO of Trade.io was quoted as saying, “We’re fortunate to have two regulated brokers, FX Primus Europe (CY) Ltd. (FXPRIMUS) & Primus Capital Markets UK Ltd. (PCM), as early adopters of our platform. In FXPRIMUS we have an EU regulated company with hundreds of thousands of clients which could potentially utilize trade.io’s technology, and in PCM, we have an FCA regulated company with a sterling reputation and world-class regulatory oversight.”  Preissler continued, “I feel we’re in a unique position in that we have not yet launched, but are attracting interest to be first in line.”

In addition, trade.io also has commitments from private companies who wish to list on its exchange. To this, Mr. Preissler noted:

As part of our investment banking offering, we provide a service where we assist start-up and existing companies in raising capital and eventually listing on our exchange.  It’s a unique turnkey type setup, where we handle all the ‘legwork’ at a fraction of the cost and effort of a traditional IPO, so the client can focus on running its business.

Preissler continued:

An interesting company of note who approached us about listing on our exchange was THB Holdings. They are launching an innovative Super Sports Race Franchise called The Human Baton, and have aligned themselves with partners who have worked alongside such superstars as Justin Timberlake and Beyoncé.

As with any Initial Stock Offering, the key is to get in early before the stock hits the exchange. The same concept applies to ICO’s (Initial Coin Offerings). Trade.io is selling 275 million TradeTokens (TIO) via an ICO,  with the Pre-ICO starting November 7, 2017. The chance to get in early at a discounted price will end November 22, 2017, when this highly anticipated ICO is set to launch.

To learn more about how to invest in this opportunity or to visit their official website, visit trade.io or review their Whitepaper directly at https://www.trade.io/whitepaper.

Media Contact:

trade.io
Attn: Media Relations
Bahnhofstrasse 21
6300 Zug, Switzerland
Ph: +357 25 262 054
helen@trade.io


Images courtesy of Trade.io

The post Trade.io Announces Confirmed Pre-ICO Partnerships With Two International Brokers That Will Adopt Trade.io Technology & Exchange For Client Trading appeared first on Bitcoinist.com.