China’s search engine giant Baidu releases whitepaper on Super Chain network system
Baidu, China’s biggest digital search empire, has released Baidu Blockchain White Paper V1.0 on Wednesday. The whitepaper discusses the creation of an ‘independently researched XuperChain network system’.
Baidu is planning to commercialize Baidu cloud blockchain-as-a-service (BaaS) platform using the ‘Super Chain’ network system. It also intends to launch six applications based on the Super Chain technology; Totem, Degree Universe, Baidu Association, Treasure Chest, Encyclopedia Online, and Hubert. The search engine giant will integrate the technology into food safety, product quality, new retail, new manufacturing, supply chain finance, intellectual property, and trading, travel. tourism and social networking.
Baidu Blockchain Lab released Baidu #Blockchain Whitepaper v1.0 today, introducing the Lab’s independently-researched XuperChain network system. Integrating XuperChain w/ AI+Big Data, we have released 6 applications, incl. #Totem, in the fields of copyright, info security & more! pic.twitter.com/0DGrMUaPqD
— Baidu Inc. (@Baidu_Inc) September 26, 2018
Super Chain boasts a higher degree of hardware utilization than a traditional blockchain. The specialty of the Super Chain nodes is that it uses a “multi-core parallel computing to maximize CPU utilization and increase throughput.” Putting it simply, by using multi-core calculations to maximize the work of the processors which in turn increases the network bandwidth.
The Super Chain has the ability to support parallel sidechains. Super chain has a root chain which manages the parallel chains and its operational guidelines. the root chain allows data transfer with each chain. These parallel chains work on the pluggable consensus protocol which helps the system to reach a consensus through voting.
The Chinese search engine giant had released a Superchain protocol which attempts to reduce the energy consumption of mining activities earlier this year. The company launched its Blockchain as a Service Solution in January this year.
Image via Shutterstock
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