HUAWEI CLOUD officially launched its Blockchain Service (BCS) for global use, following the launch in China last month.

The service helps global enterprises and developers create, deploy, and manage blockchain applications quickly and at minimal cost.

Blockchain features decentralization, tamper resistance, and traceability, and builds trust between transaction participants. Enterprises in various industries are currently exploring the applications of blockchain, but deploying a blockchain on a cloud require a thorough understanding of blockchain technologies, and is also time-consuming.

As early as 2016, Huawei joined Hyperledger, the most influential open source project in the blockchain field, hosted by the Linux Foundation. For its continuous technical and code contributions in two sub-projects, Fabric and STL, Huawei has been recognized as a key Hyperledger maintainer.

BCS is a cloud service that capitalizes on the advantages of HUAWEI CLOUD's container and security technologies, among others. It is easy to use, efficient, and universally applicable, and can be used in data applications, the Internet of Things (IoT), finance, and other fields. The scenarios it can be used in cover data transactions, identity authentication, proof of information (such as real estate and education), remote healthcare, food source tracing, the Internet of Vehicles (IoV), and IoT device management.

BCS is compliant with Hyperledger Fabric 1.1 and Kubernetes, featuring a simple configuration, fast deployment (5-10 minutes) and automatic multi-angle E2E O&M. It offers multiple efficient consensus algorithms (5,000+ TPS) and flexible switching, dynamic joining or quitting of multi-role nodes and members, and a container-based physical resource management.

The pay-per-use service also offers a unified management, auto scaling and upgrade/rollback on demand.