Posted on

Huawei to Offer First Crypto Wallet App on Latest Smartphones

Chinese telecommunications firm and smartphone maker Huawei is partnering with BTC.com to roll out a mobile cryptocurrency app for the tech giant’s newly launched app store.

BTC.com, which is owned by mining giant Bitmain, tracks cryptocurrency mining and block information, while also providing a digital wallet service. The site’s vice president for business operations, Alejandro de la Torre, said its new wallet application will appear in Huawei’s proprietary app store, AppGallery, which was launched in March.

Currently, AppGallery is only available for customers via a pre-install on the latest Huawei devices, but will be rolled out for older versions in the second quarter of this year. That said, the effort to boost cryptocurrency wallet support is still a notable move by Huawei, and is likely to open up cryptocurrency services to a potentially huge user base.

“Cryptocurrencies have recently expanded the human understanding of digital economy at a large scale … We expect to see massive growth in global cryptocurrency adoption habits in the near future,” said Dr. Jaime Gonzalo, vice president of Huawei Mobile Services.

Huawei’s move also comes at a time when the tech giant is moving to beef up its wider effort for blockchain development.

As previously reported by CoinDesk, Huawei launched its blockchain-as-a-service platform just last month – one built on Hyperledger Fabric 1.0 technology developed by the Linux Foundation’s Hyperledger blockchain consortium, of which Huawei has been a member since 2016.

Huawei image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Posted on

Huawei Unveils Hyperledger-Based Blockchain Service Platform

Telecommunications and smartphone provider Huawei has become the latest tech giant in China to launch a blockchain-as-a-service (BaaS) platform.

Announced at Huawei’s analyst conference in Shenzhen on Tuesday, the company’s new platform, dubbed Blockchain Service, is said to enable companies to develop smart contracts on top of a distributed ledger network for several use-case scenarios.

A member of, and contributor to, the Linux Foundation’s Hyperledger Blockchain Consortium since October 2016, Huawei has based the new BaaS solution on Hyperledger Fabric 1.0, according to Hu Ruifeng, a Huawei engineer who also co-authored the project’s white paper ahead of the launch.

As reported by CoinDesk, Hyperledger Fabric 1.0 version was first released in July of last year, and marked a key milestone for the open-source software as it progressed towards production-ready status for enterprise application development.

According to the white paper, the BaaS platform currently allows clients to build smart contract applications that focus on supply chain, tokenized securities assets and public services such as ID verification and financial auditing.

The launch marks the latest technological development from Huawei in its push into blockchain technology, and follows recent efforts by Hu and Huawei engineer Zhou Haojun to develop Project Caliper – software designed to test the performance of major blockchains.

Huawei’s effort also comes as major internet and technology giants from China are moving into the space with Baidu and Tencent both having launched their own blockchain service platforms recently.

E-commerce giant JD.com also announced a similar plan in a white paper released last month.

Huawei image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Posted on

Huawei Is Building Tech That Can Stress Test Blockchains

Huawei is inching closer to making its first major release in the open-source blockchain sector.

After almost a year of behind-the-scenes work, the tech giant recently valued at $7.5 billion has unveiled a tool designed to test the performance of major blockchains, one it is now preparing to submit formally to the Linux Foundation-led Hyperledger consortium this year.

Called Project Caliper, the open-source technology already supports analysis of Hyperleger Fabric, Hylerledger Sawtooth and Hyperledger Iroha, with more expected to be added by the end of 2018.

Still, Haojun Zhou, the Huawei engineer behind the vast majority of the code, described the tool as one that, while focused on analyzing technology, is fundamentally about helping developers and corporates make more confident decisions about their tech.

He told CoinDesk:

“We thought it is a missing piece of blockchain and we can help to develop it.”

Simply put, the goal of the project, launched last May, is to integrate existing blockchains into a framework whereby they can easily be compared via standards set by Hyperledger’s Performance and Scalability Working Group.

At the core of the benchmarking framework is an “adaption layer” that translates information so that Caliper can install smart contracts, invoke contracts or query the state of various distributed ledgers to best gauge their effectiveness.

Next, the code stress tests the supported blockchains in a controlled environment and generates results that include the success rate of transactions, the number of transactions per second, the time it takes transactions to settle and the consumption of resources required for all of these actions, such as CPU and memory.

Still, Zhou believes that the results would benefit any and all blockchain builders.

“We are trying to contribute it to Hyperledger community so other parties can easily to join the work as other Hyperledger projects,” he said.

Barriers to entry

Stepping back, however, it remains unknown just how widely used such a tool would be, given the competitive interests at play in the blockchain sector.

Following a path laid out by other contributors like IBM and Intel, even Huawei is protecting its other blockchain work with patents.

Javier Paz, the author of an Aite Group report who last year manually evaluated a list of major blockchains, for one, is skeptical that companies would let even their open-source projects be subject to scrutiny that could highlight any flaws.

“I’m afraid that the work required to compare the effectiveness and progress of the various public and private chains will remain a manual and painstaking effort – where the networks are involved and feel comfortable sharing key performance statistics,” he said.

There’s even competition now forming among the telecommunications giants themselves, with Comcast, BT, Telefonica and T-Mobile – which recently successfully sued Huawei – all getting involved with blockchain in various ways.

As far as what else might be up Huawei’s sleeve, Zhou would only confirm that Project Caliper is part of a bigger strategy, concluding:

“Huawei, of course, is developing other blockchain projects.”

Huawei image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Posted on

Huawei Seeks Blockchain Patent to Protect Intellectual Property

Chinese telecoms giant and smartphone maker Huawei may be seeking to use blockchain tech to protect digital property rights.

In its latest patent application, released by China’s State Intellectual Property Office on Tuesday, the Shenzhen-based technology firm details an invention that claims to add a verification feature to a peer-to-peer content distribution network powered by blockchain technology.

According to the filing, first submitted in August 2016, the system would store verification information for digital content on a blockchain. When parties initiate download requests over the peer-to-peer network, the system matches their private keys or licenses for accessing the content with the verification information.

Only if a consensus is reached in validating the request will the blockchain allow the download, the patent filing says. Huawei claims that the technology is, in essence, a way to guard intellectual property rights for digital content that is distributed over peer-to-peer networks.

Although it remains to be seen whether the application will be granted by the patent office, the filing marks a further effort by Huawei in moving to develop and adopt blockchain technology.

The company joined the Hyperledger blockchain consortium in October 2016, months after its patent submission. As reported by CoinDesk in January this year, the telecommunications firm is also among the early adopters of Hyperledger’s Sawtooth software, for which the firm is currently developing a decompiler.

See the full patent description below:

Huawei intellectual property patent by CoinDesk on Scribd

Huawei image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.

Posted on

Huawei Seeks Patent for Blockchain Rights Management

Chinese telecoms giant and smartphone maker Huawei may be seeking to use blockchain tech to protect digital property rights.

In its latest patent application, released by China’s State Intellectual Property Office on Tuesday, the Shenzhen-based technology firm details an invention that claims to add a verification feature to a peer-to-peer content distribution network powered by blockchain technology.

According to the filing, first submitted in August 2016, the system would store verification information for digital content on a blockchain. When parties initiate download requests over the peer-to-peer network, the system matches their private keys or licenses for accessing the content with the verification information.

Only if a consensus is reached in validating the request will the blockchain allow the download, the patent filing says. Huawei claims that the technology is, in essence, a way to guard intellectual property rights for digital content that is distributed over peer-to-peer networks.

Although it remains to be seen whether the application will be granted by the patent office, the filing marks a further effort by Huawei in moving to develop and adopt blockchain technology.

The company joined the Hyperledger blockchain consortium in October 2016, months after its patent submission. As reported by CoinDesk in January this year, the telecommunications firm is also among the early adopters of Hyperledger’s Sawtooth software, for which the firm is currently developing a decompiler.

See the full patent description below:

Huawei intellectual property patent by CoinDesk on Scribd

Huawei image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.