Chinese language tech large Huawei lately utilized for a brand new patent associated to blockchain know-how which offers with storage strategies and units. Huawei holds quite a few different related patents, masking matters like Blockchain-based settlement strategies.
In response to the Chinese language company database, Tianyancha, the smartphone producer filed for a “blockchain ledger storage and machine,” patent on January 17, 2019. The applying announcement date on the time was set for July 14.
The federal government of the Nanshan District of Shenzhen beforehand introduced a partnership with Huawei to spice up the adoption of blockchain, large information, synthetic intelligence, and 5G within the area by establishing the Kunpeng industrial demonstration zone.
Working with the PBoC
Huawei additionally signed a “strategic cooperation settlement” with the Individuals’s Financial institution of China, or PBoC, however particulars have been stored confidential.
This partnership was realized shortly after the PBoC began to test its digital forex in Shenzhen, along with Huawei.
In April, Greater than 100 well-known enterprises, each home and international, joined the Blockchain Innovation Alliance in China. Members embody Inspur, Tsinghua Unigroup, Huawei, IBM, Tencent, Alibaba and Baidu, based on the announcement.