At its 2019 “Cloud Summit” industry conference in Hong Kong, Huawei unveiled a new blockchain-based cloud service. Huawei Cloud now offers blockchain oriented services designed to help Hong Kong-based businesses make use of the decentralized platform’s typical characteristics. These being, decentralization, immutability, and traceability (transparency). Huawei hopes this will aid the Chinese province’s mission to become an international financial and logistics hub.
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