Baidu launches own blockchain open platform

Baidu, China’s search engine giant, launched today its own BaaS (Blockchain as a Service) open platform.

According to the Baidu BaaS website, the platform was built based on its self-developed project and has been successfully implemented in businesses related to asset securitization and exchange.

“Based on the core technology, the platform can help make and trace transactions, and is suitable for the use of digital currency, digital bills, bank credit management, insurance management, and financial auditing, etc,” the website writes.

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