You may have heard about Baidu, the Chinese search engine giant, in the context of, well, online search, but what you may not know is that the company is also eyeing blockchain, as a technology.
Following in the footsteps of another Chinese mammoth, Tencent, Baidu announced their own blockchain-as-a-service platform, available at chain.baidu.com (Chinese content). The solution enables users to create, launch and manage their own blockchain based solution. The solutions include, as you may have already guessed, but are not limited to: cryptocurrencies, billing or any other types of digital assets (like in-game currencies).
Baidu is not even remotely among the first actors in this area (Microsoft Azure offers that for quite some time now) and it doesn't mean they are mining Bitcoin with that :) It means they are offering a development platform using blockchain, for whoever wants to develop such an application.
The news is still intriguing, though, if we put it in the context of the recent information about big Bitcoin miners canceling operations or starting to relocate from China. It may mean that, while still considering blockchain a promising technology, the speculative arm of it is not well seen by the Big Brother's eyes in Beijing.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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