Huobi and JD Cloud Sign Cooperation Agreement to Develop Blockchain and Cloud Computing
Cointelegraph
Published Jun 29, 2018 06:47PM ET
Updated Jun 29, 2018 07:21PM ET
Huobi and JD Cloud Sign Cooperation Agreement to Develop Blockchain and Cloud Computing
JD Cloud, a subsidiary of China's largest online retailer JD Group, has partnered with digital currency exchange Huobi to explore blockchain technology applications and cloud computing, according to a press release published June 28.
According to the press release, the companies have signed a strategic cooperation agreement to jointly explore some key blockchain application scenarios focusing on financial services, Internet of Things (IoT), and supply chain fields. Additionally, the two companies are looking to conduct a study on the underlying technologies of blockchain, including ring signature, homomorphic encryption, Lightning Network, and various forms of consensus algorithm design and implementation.
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Written By: Cointelegraph
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