Chinese multinational telecommunications equipment and consumer electronics manufacturer, Huawei, at its 2019 Cloud Summit in Hong Kong has announced a strategic investment in the city and the region to contribute to the economic development of the Greater Bay Area by helping enterprises embrace the intelligent future of cloud computing and blockchain tech.
The President of Huawei Cloud Global Market, Edward Deng, said that Huawei is now offering blockchain services to help Hong Kong leverage blockchain’s characteristics of decentralization, irreversibility, and traceability to solidify its position as an international financial and logistics hub.
Previously, in December 2018, Deng announced the launch of Huawei’s Blockchain Service (BCS) that will allow users to create, deploy and manage blockchain applications.
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