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China’s Baidu launches low-cost blockchain hosting

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Yesterday Chinese search engine firm Baidu launched an entry-level blockchain hosting solution called “Open Network”. The offering is targeted at SMEs and developers and is based on Baidu’s open-source blockchain protocol, XuperChain. Given the government frowns upon public blockchains, the solution is for private or consortium blockchains. Last year Baidu unveiled its own Blockchain as a Service platform (BaaS) which involved someone deploying their own hosted blockchain network. But from providing technical support, it discovered that organizations and developers found it challenging to set up a blockchain network, according to the Securities Times Network. In a similar vein to the state-initiated Blockchain Service Network, Baidu aims to enable SMEs and developers to deploy distributed apps (dApps) without the need to set up a blockchain network. Baidu also provides templates to make it easier to develop blockchain smart contracts as well as other tools. The XuperChain protocol supports smart contracts that use Ethereum’s Solidity language.

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