Product Advantages

Product Advantages

  • Open and Easy to Use

    Built using innovative technologies based on Kubernetes, featuring security, simple configuration, deployment in minutes, and automatic multi-angle E2E O&M
    Built using innovative technologies based on Kubernetes, featuring security, simple configuration, deployment in minutes, and automatic multi-angle E2E O&M

  • Flexible and Efficient

    Multiple efficient consensus algorithms (10,000+ TPS) and flexible switching, dynamic join-in or quitting of multi-role nodes and members, and container-based management
    Multiple efficient consensus algorithms (10,000+ TPS) and flexible switching, dynamic join-in or quitting of multi-role nodes and members, and container-based management

  • Cost-Effective

    Lower development and deployment costs, pay-per-use convenience, reduced O&M expenditures with unified management, and auto scaling and upgrade/rollback on demand
    Lower development and deployment costs, pay-per-use convenience, reduced O&M expenditures with unified management, and auto scaling and upgrade/rollback on demand

  • Robust Security

    Complete management and isolation of users, keys, and permissions; multi-layer encryption and privacy assurance; and fully demonstrated cyber security infrastructure
    Complete management and isolation of users, keys, and permissions; multi-layer encryption and privacy assurance; and fully demonstrated cyber security infrastructure

Application Scenarios

  • Supply Chain Finance

  • Supply Chain Tracing

  • Digital Assets

  • Notarization for Crowdfunding

Supply Chain Finance

Supply Chain Finance

Uses decentralized, tamper-proof, shared ledgers to ensure transparency and fairness, helping SMEs improve their credit ratings while cutting risk management costs.

Advantages

High efficiency
Shared ledgers allow all parties to use and recognize the same set of data, streamlining the financing process.
Low costs
Complete recording and tracking of logistics, information flows, and capital lower risk management and financing costs.
High credibility
Fair and transparent transactions help SMEs improve their credit ratings and ultimately obtain preferential interest rates for loans.

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Supply Chain Tracing

Supply Chain Tracing

Each party can maintain ledgers, ensuring real-time and authentic data updates, and use product-unique tracing codes, ensuring authenticity of commodities and the distribution processes.

Advantages

Tamper-proof

Commodity and distribution information is encrypted in the blockchain, preventing tampering.

Transparent

Unique commodity codes in the blockchain make it possible to completely and transparently record ownership and distribution.

Easy to trace

Tamper-proof, transparent ledgers allow parties to understand commodity distribution and facilitate supervision by regulators.

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Digital Assets

Digital Assets

Automated transaction capabilities such as asset ownership confirmation and accounting reconciliation support efficient exchange of digital assets and prevent in-chain falsification.

Advantages

Fewer disputes

Each asset, with an immutable timestamp, is registered publicly, facilitating tracking of asset permissions.

Higher efficiency

Trust, sharing, and security and privacy protection ensure smooth distribution of digital assets.

Cheating prevention
Tamper-evident ledgers prevent forgery and cheating.

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Notarization for Crowdfunding

Notarization for Crowdfunding

Funding is traceable and information is open, transparent, and shared across the entire network, resolving trust issues between organizations.

Advantages

Increased efficiency

Shared ledgers break down the barriers among people and organizations. Smart contracts enable automatic transaction execution.

Effective control

Distribution, use scope, and even validity period of capital are effectively controlled.

Improved public trust

Algorithm-based consensus between parties at all blockchain nodes makes transactions open and fair, improving mutual trust.

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New Features

Functions

Functions

  • Quick Deployment

    Reduces blockchain deployment time from days to minutes.
    Reduces blockchain deployment time from days to minutes.

  • Dynamic Joins

    Cloud tenants are invited to form consortia. Each tenant has a separate VPC, ensuring security and controllability.
    Cloud tenants are invited to form consortia. Each tenant has a separate VPC, ensuring security and controllability.

  • Pluggable Consensus Algorithm

    Provides multiple consensus algorithms to adapt to diverse scenarios.
    Provides multiple consensus algorithms to adapt to diverse scenarios.

  • Lowered threshold

    Lowered threshold

    Adopting Huawei's best practices, deployment time is significantly reduced and configuration is primarily automated, saving time.

    Adopting Huawei's best practices, deployment time is significantly reduced and configuration is primarily automated, saving time.

  • Masking underlying technology
    Masking underlying technology
    The high availability, high performance, and secure blockchain system is ready for immediate use. Users can focus on their business, without concerning themselves with the underlying technologies or having to invest in platform construction.
    The high availability, high performance, and secure blockchain system is ready for immediate use. Users can focus on their business, without concerning themselves with the underlying technologies or having to invest in platform construction.

  • Convenient and flexible

    Convenient and flexible

    Consortium blockchains can be formed dynamically. Consortium members share the blockchain network costs.
    Consortium blockchains can be formed dynamically. Consortium members share the blockchain network costs.

  • Solo (for simplicity and testing)

    Solo (for simplicity and testing)

    In a Solo ordering service, only one orderer is available. It does not support byzantine fault tolerance, but features quick startup and resource saving.
    In a Solo ordering service, only one orderer is available. It does not support byzantine fault tolerance, but features quick startup and resource saving.
  • Fast Byzantine Fault Tolerance (FBFT)
    Fast Byzantine Fault Tolerance (FBFT)
    FBFT is a consensus algorithm with high performance and availability. It requires at least four orderers for transaction ordering and tolerates byzantine faults at a maximum of (N – 1)/3 orderers, where N indicates the total number of orderers. For example, assume that there are seven orderers. Transactions can be correctly ordered if no orderer or only one orderer experiences byzantine faults. This algorithm is recommended in the production environment.
    FBFT is a consensus algorithm with high performance and availability. It requires at least four orderers for transaction ordering and tolerates byzantine faults at a maximum of (N – 1)/3 orderers, where N indicates the total number of orderers. For example, assume that there are seven orderers. Transactions can be correctly ordered if no orderer or only one orderer experiences byzantine faults. This algorithm is recommended in the production environment.
  • Kafka (crash fault tolerant)
    Kafka (crash fault tolerant)
    A secure, reliable, and highly scalable consensus algorithm, which is ideal for large capacity scenarios where high read/write speed is not required and a small number of transactions take place.
    A secure, reliable, and highly scalable consensus algorithm, which is ideal for large capacity scenarios where high read/write speed is not required and a small number of transactions take place.
  • Raft (crash fault tolerance)
    Raft (crash fault tolerance)
    Raft is a high-speed crash fault tolerant (CFT) ordering service that tolerates faults at a maximum of (N – 1)/2 orderers, where N indicates the total number of orderers. For example, transactions can be correctly ordered if only one of a total of three orderers encounters faults.
    Raft is a high-speed crash fault tolerant (CFT) ordering service that tolerates faults at a maximum of (N – 1)/2 orderers, where N indicates the total number of orderers. For example, transactions can be correctly ordered if only one of a total of three orderers encounters faults.

  • Node Auto Scaling

    Supports auto scaling of peers and orderers to meet high availability demands without needing a system reboot.
    Supports auto scaling of peers and orderers to meet high availability demands without needing a system reboot.

  • Visible Code Management

    Allows chaincode management on the web throughout the entire lifecycle, including viewing, installation, and instantiation.
    Allows chaincode management on the web throughout the entire lifecycle, including viewing, installation, and instantiation.

  • Cloud Monitoring

    Offers an open platform to monitor data and resources, generate alarms, and send notifications in real time.
    Offers an open platform to monitor data and resources, generate alarms, and send notifications in real time.

  • High availability

    High availability

    Compliant with Kubernetes; support for masters, shared storage, and node fault recovery.

    Compliant with Kubernetes; support for masters, shared storage, and node fault recovery.

  • Dynamic scaling out
    Dynamic scaling out
    Docker containers run on nodes and can be seamlessly scaled out based on user requirements without interrupting services.
    Docker containers run on nodes and can be seamlessly scaled out based on user requirements without interrupting services.

  • Automated O&M

    Automated O&M

    Executes active upgrades on the underlying blockchain platform and updates patches automatically to seamlessly integrate with the HUAWEI CLOUD O&M system.
    Executes active upgrades on the underlying blockchain platform and updates patches automatically to seamlessly integrate with the HUAWEI CLOUD O&M system.
  • Enterprise-grade monitoring
    Enterprise-grade monitoring
    Performs multi-dimensional monitoring on clusters 24/7, and supports user-defined alarms across multiple channels.
    Performs multi-dimensional monitoring on clusters 24/7, and supports user-defined alarms across multiple channels.

Documentation

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