Xunlei Ltd., a Shenzhen-based and NASDAQ-listed cloud network provider, is rolling out details of its proprietary blockchain platform, as part of the company’s push into blockchain.

The company held a seminar in Hong Kong on October 25 that focused on ThunderChain Open Platform, which it describes as a high-performance blockchain infrastructure capable of processing more than one million transactions per second.

Xunlei says ThunderChain will help third-party developers and companies, especially startups, build, migrate and manage decentralized applications, or dapps, in a cost-effective way. The product was officially launched in May.

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Runhua Zhao

Runhua Zhao is a technology reporter based in Beijing. Connect with her via email: runhuazhao@technode.com