Chinese cloud-based acceleration company Xunlei has announced the launch of two new products to foster the development of a blockchain ecosystem, allowing companies to transition to the cloud and manage decentralized apps (dApps).

The NASDAQ-listed company launched StellarCloud and ThunderChain Open Platform in Beijing on May 16, 2018.

Stellarcloud marks an expansion from content delivery network services to infrastructure as a service (IaaS) for the company. Xunlei allows users of their blockchain-based OneThing Cloud to share idle computing resources in exchange for LinkToken. Users can trade this for products and services that companies develop on ThunderChain or StellarCloud. Enterprise users can exchange LinkToken for idle computing power shared by users.

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Chris Udemans

Christopher Udemans is a Shanghai-based technology reporter. He covers Chinese artificial intelligence, mobility, and cybersecurity. You can contact him at chrisudemans [at] technode [dot] com.