News JD.com launches new blockchain open platform for enterprises ·...

JD.com launches new blockchain open platform for enterprises · TechNode

-

- Advertisment -

JD.com launches new blockchain open platform for enterprises · TechNodeChinese online retail giant JD.com has announced the launch of “JD Blockchain Open Platform,” a blockchain technology platform that aims to help enterprise clients who don’t have the capabilities necessary to develop their own blockchain applications. The open platform houses an app store which gives enterprises easier access to blockchain bottom layers, tools, and software. The new platform is part of the retailer’s latest Retail as a Service (RaaS) push, in which the company is offering its technology to other companies outside of the JD ecosystem.

According to the company’s press release, the platform “enables customers to create and adjust smart contracts on public and private enterprise clouds with ease.” The company claims that the technology can help enterprises streamline their operations such as tracking and tracing their goods, transaction settlements, digital copyrights among others.

“JD Blockchain Open Platform is a culmination of the expertise and experience in blockchain technology that we initially developed for our own operations,” said Jian Pei, head of big data and smart supply chain at JD.com.

China Pacific Insurance Company is one of the first partners of JD.com to utilize the blockchain open platform and is already applying the technology to deploy a traceable system for e-invoices. The e-invoice system, which assigns unique blockchain ID to each document, is said to be more secure and efficient.

JD.com introduced its blockchain tracing platform last year, which enables customers to track and trace the source and development process of the products and food they purchase. The company claimed that it has implemented their blockchain tracing technology for more than 400 brands.

JD.com is not the first Chinese tech giant to build a Blockchain-as-a-Service (BaaS) platform. Internet giant Tencent began building a blockchain platform “TrustSQL” for enterprises in 2017. In January, Baidu also launched an open platform that allows enterprise developers to build blockchain-based applications.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Polkadex Enhances the Cryptocurrency Trading Experience

The global economy has not entered the modern era as of yet. Luckily, there are tools to...

Ethereum Price Sees $500 for the First Time in Two-and-a-half Years

First launched in 2014, Ethereum or Ether is one of the oldest altcoins and probably the most...

Banking Sector is Ready for a Tech Revolution With Cryptocurrency

When our world is going through a massive change due to COVID-19blow, it is very likely that...

OpenDAO’s Bridge Opens New Possibility for Mass Adoption of DeFi

When Satoshi Nakamoto officially created Bitcoin on January 3, 2009, his vision for the digital asset was...
- Advertisement -

Crypto’s price surge was mostly due to limited information – here’s why

As the world becomes more and more digitized, the usage of one of the most popular cryptocurrencies,...

U.S. Authorities Seized Bitcoin Worth a Total of $1 billion

The cryptocurrencies were in the possession of a person who had hacked Silk road, which was detected...

Must read

Polkadex Enhances the Cryptocurrency Trading Experience

The global economy has not entered the...

Ethereum Price Sees $500 for the First Time in Two-and-a-half Years

First launched in 2014, Ethereum or Ether...
- Advertisement -

Read Next
Recommended to you