Chinese giant Huawei continues its development in the blockchain

The Hauwei company has signed an alliance with Blockchain Academy Mexico. The objective of the alliance is to expand its services in the cloud (provided by Huawei Cloud, a branch of Huawei) to begin intensifying the work with companies, startups and developers residing in the Mexican country.

 Chinese giant Huawei continues its development in the blockchain

Huawei is working with blockchain technology

Since the beginning of 2018, the Huawei company has begun to develop blockchain research. In February, the company launched Caliper, a project carried out jointly between Huawei and Hyperledger. In the official Hyperledger blog, they explain: "Hyperledger Caliper is a blockchain benchmark tool, it allows users to measure the performance of a blockchain implementation with a set of predefined use cases. Hyperledger Caliper will produce reports containing a number of performance indicators to serve as a reference when using the following blockchain solutions: Hyperledger Besu, Hyperledger Burrow, Ethereum, Hyperledger Fabric, FISCO BCOS, Hyperledger Iroha and Hyperledger Sawtooth."

A month later, in February 2018, the company launched its own blockchain platform (Blockchain Service) that is based on Hyperledger.

Huawei plans to launch blockchain services in Latin America

A Huawei executive said the Chinese giant is studying the Latin American market and considering expanding its services very soon. The Huawei executive said: “Everything will depend on the result of our market analysis and, in case there is a market demand for blockchain, we will make our services available in this area. Today we are focused on storage, 5G and telecommunications.”

China prepares for the blockchain revolution

One of the strongest causes of the great development of Chinese companies in blockchain technology is the political impulse of President Xi Jinping himself. President Jinping said, on October 24 of this year, in a session of the Politburo Committee: "We must consider blockchain as an important advance for innovation independent of core technologies, clarify the directions to be taken, increase investment, focus on a series of key technologies and accelerate the development of blockchain and industrial innovation."