{"id":246709,"date":"2020-01-09T11:25:17","date_gmt":"2020-01-09T16:25:17","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=246709"},"modified":"2020-01-09T11:25:17","modified_gmt":"2020-01-09T16:25:17","slug":"baidu-unveils-its-blockchain-project-xuperchain","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/baidu-unveils-its-blockchain-project-xuperchain","title":{"rendered":"Baidu Unveils Its Blockchain Project Xuperchain"},"content":{"rendered":"

Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu<\/a> revealed its newest blockchain product called Xuperchain. The business-focused blockchain system is now entering beta. The company stated on its website that it would allow small business operators to launch their own blockchain applications and help their businesses.<\/p>\n

Xuperchain\u2019s offerings<\/h2>\n

According to Baidu, Xuperchain will be a highly cost-effective service and its price will be very low. It expects the cost to be around 1 yuan for the initial few months. Interestingly, Xuperchain is nothing new. The project was launched long ago and already had 3 million individual users who have used it to process over 450 million transactions. With their latest announcement, Baidu has made the project available to almost anyone in China.<\/p>\n

\"Baidu<\/a><\/p>\n

Baidu claims to have partnered with prominent universities and entities in the country for this project, including TGood, aiBank, Tsinghua University, Renmin University of China and the Beijing Internet Court.<\/p>\n

Chinese companies rush towards blockchain<\/h2>\n

Ever since President Xi Jinping<\/a> praised blockchain technology, several Chinese corporate entities have started experimenting with blockchain technology. The government is especially favorable towards blockchain startups that are emerging by the dozen in the country.<\/p>\n

The biggest blockchain project in the country is that of the People\u2019s Bank of China, which is working on a digital yuan. There is another state-owned entity called Bank of China that is using blockchain technology to issue bonds. According to local business news outlet Sina Finance, the bank has already issued bonds with 20 billion yuan (about $2.8 billion) from small and micro enterprises on its blockchain.<\/p>\n

TikTok owner ByteDance is also working on a blockchain venture with a govt. owned entity. It recently acquired part ownership of a new company that develops blockchains and AI. The firm invested 10 million yuan in acquiring a 49% stake in the new company. Shanghai Dongfang Newspaper, a state-owned media firm, owns the rest of the new venture.<\/p>\n","protected":false},"excerpt":{"rendered":"

Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu revealed its newest blockchain product called Xuperchain. The business-focused blockchain system is now entering beta. The company […]<\/a><\/div>","protected":false},"author":1730,"featured_media":246711,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[10149,5357,10150],"acf":[],"yoast_head":"\nBaidu Unveils Its Blockchain Project Xuperchain<\/title>\n<meta name=\"description\" content=\"Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu revealed its newest blockchain product called Xuperchain. The business-focused blockchain system\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baidu Unveils Its Blockchain Project Xuperchain\" \/>\n<meta property=\"og:description\" content=\"Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu revealed its newest blockchain product called Xuperchain. The business-focused blockchain system\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-09T16:25:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/01\/Baidu1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sherlock Gomes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sherlock Gomes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709\"},\"author\":{\"name\":\"Sherlock Gomes\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/89bac294cb2c1ff5549edfa9272567ee\"},\"headline\":\"Baidu Unveils Its Blockchain Project Xuperchain\",\"datePublished\":\"2020-01-09T16:25:17+00:00\",\"dateModified\":\"2020-01-09T16:25:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709\"},\"wordCount\":320,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"Baidu\",\"blockchain\",\"Project Xuperchain\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709\",\"name\":\"Baidu Unveils Its Blockchain Project Xuperchain\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2020-01-09T16:25:17+00:00\",\"dateModified\":\"2020-01-09T16:25:17+00:00\",\"description\":\"Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu revealed its newest blockchain product called Xuperchain. The business-focused blockchain system\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search & Compare Brokers within Crypto, Forex & Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/89bac294cb2c1ff5549edfa9272567ee\",\"name\":\"Sherlock Gomes\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19d7d3ac55ad8b8196f497353b517b98?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19d7d3ac55ad8b8196f497353b517b98?s=96&d=mm&r=pg\",\"caption\":\"Sherlock Gomes\"},\"description\":\"Sherlock Gomes loves to write and express his views on anything related to Crypto. He has been covering Crypto for more than two years now. He likes Bitcoin and Cardano. He also writes on Finance, Healthcare, and Technology among other stuff. He can be reached by e-mail on sherlockg@insidebitcoins.com\",\"url\":\"https:\/\/insidebitcoins.com\/news\/author\/sherlock\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Baidu Unveils Its Blockchain Project Xuperchain","description":"Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu revealed its newest blockchain product called Xuperchain. The business-focused blockchain system","robots":{"max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709","og_locale":"en_US","og_type":"article","og_title":"Baidu Unveils Its Blockchain Project Xuperchain","og_description":"Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu revealed its newest blockchain product called Xuperchain. The business-focused blockchain system","og_site_name":"InsideBitcoins.com","article_published_time":"2020-01-09T16:25:17+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/01\/Baidu1.jpg","type":"image\/jpeg"}],"author":"Sherlock Gomes","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sherlock Gomes","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709"},"author":{"name":"Sherlock Gomes","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/89bac294cb2c1ff5549edfa9272567ee"},"headline":"Baidu Unveils Its Blockchain Project Xuperchain","datePublished":"2020-01-09T16:25:17+00:00","dateModified":"2020-01-09T16:25:17+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709"},"wordCount":320,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"keywords":["Baidu","blockchain","Project Xuperchain"],"articleSection":["More Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#primaryimage"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709","name":"Baidu Unveils Its Blockchain Project Xuperchain","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"datePublished":"2020-01-09T16:25:17+00:00","dateModified":"2020-01-09T16:25:17+00:00","description":"Widely regarded as \u201cChina\u2019s Google,\u201d internet giant Baidu revealed its newest blockchain product called Xuperchain. The business-focused blockchain system","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709"]}],"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709#primaryimage"}},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search & Compare Brokers within Crypto, Forex & Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/89bac294cb2c1ff5549edfa9272567ee","name":"Sherlock Gomes","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/19d7d3ac55ad8b8196f497353b517b98?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19d7d3ac55ad8b8196f497353b517b98?s=96&d=mm&r=pg","caption":"Sherlock Gomes"},"description":"Sherlock Gomes loves to write and express his views on anything related to Crypto. He has been covering Crypto for more than two years now. He likes Bitcoin and Cardano. He also writes on Finance, Healthcare, and Technology among other stuff. He can be reached by e-mail on sherlockg@insidebitcoins.com","url":"https:\/\/insidebitcoins.com\/news\/author\/sherlock"}]}},"modified_by":"Sherlock Gomes","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1730"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=246709"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/246709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/246711"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=246709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=246709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=246709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}