Chinese search engine giant Baidu registered a blockchain company Wednesday in China’s Hainan province. The company is mainly set to develop blockchain technology and online games.

The company is named Dulian Internet Technology, according to China’s National Enterprise Credit Information Publicity System, and Xiang Hailong, Baidu’s vice president, is Dulian’s legal representative.

Baidu first started exploring blockchain in 2015. In mid-2017, Baidu launched an open blockchain platform BaaS under its finance operations. The platform is used for credit services, securitization, and trading assets. According to Baidu’s official reports, BaaS had confirmed the authenticity of assets worth more than RMB 50 billion by January 2018. Baidu also launched a blockchain based digital dog Laici dog(莱茨狗), similar to CryptoKitties.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Jiefei Liu

Jiefei Liu is a Beijing based tech reporter. She focuses on the union of tech and content creation and loves agriculture. You can write to her at Jiefei@technode.com