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Internet Giant Baidu Unveils Energy-Efficient ‘Super Chain’ Blockchain Protocol via @cointelegraph

According to CoinTelegraph, “Chinese internet giant Baidu has announced the next step in its blockchain integration in the form of a protocol aimed at reducing mining energy consumption, according to a report by China News Weekly today, June 3. “Dubbed ‘Super Chain,’ chief scientist at Baidu’s blockchain division Xiao Wei revealed the protocol at a local conference over the weekend. “The move […]

By Chris Sykora · June 4, 2018
Internet Giant Baidu Unveils Energy-Efficient ‘Super Chain’ Blockchain Protocol via @cointelegraph

According to CoinTelegraph, “Chinese internet giant Baidu has announced the next step in its blockchain integration in the form of a protocol aimed at reducing mining energy consumption, according to a report by China News Weekly today, June 3.

“Dubbed ‘Super Chain,’ chief scientist at Baidu’s blockchain division Xiao Wei revealed the protocol at a local conference over the weekend.

“The move forms the latest in a series of increasingly direct experiments with cryptocurrency for Baidu, which launched its Blockchain-as-a-Service (BaaS) solution in January this year.”