Open and Easy to Use
Built in compliance with Hyperledger Fabric 1.1 and Kubernetes, featuring simple configuration, deployment in minutes, and automatic multi-angle E2E O&M
Flexible and Efficient
Multiple efficient consensus algorithms (5,000+ TPS) and flexible switching, dynamic join-in or quit of multi-role nodes and members, container-based management
Cost-Effective
Lower development and deployment costs, pay per use convenience, reduced O&M outlays with unified management, auto scaling and upgrade/rollback on demand
Robust Security
Complete management and isolation of users, keys, and permissions; multi-layer encryption and privacy assurance; fully demonstrated cyber security infrastructure
Application Scenarios
-
Supply Chain Finance
-
Supply Chain Tracing
-
Digital Assets
-
Notarization for Crowdfunding
Supply Chain Finance
Uses decentralized, tamper-proof, shared ledgers to ensure transparency and fairness, helping SMEs improve their credit ratings for financing while cutting risk management costs.
Advantages
High Efficiency
Shared ledgers allow all involved parties to use and recognize the same sets of data to streamline 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 in the supply chain improve their credit ratings to get preferential interest rates for loans.
Supply Chain Tracing
Each party can maintain ledgers, ensuring real-time and authentic data updates, and use unique codes to trace commodities, which ensures the authenticity of commodities and the circulation processes.
Advantages
Tamper-proof
Commodity and circulation 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 circulation in the supply chain.
Easy to Trace
Tamper-proof, transparent ledgers allow all parties to understand commodity circulation while facilitating supervision from regulatory authorities.
Digital Assets
Enables efficient exchange of digital assets and prevents in-chain falsifications with such automated transaction capabilities as asset ownership confirmation and accounting reconciliation.
Advantages
Fewer Disputes
Each asset, with an immutable timestamp, is publicized once registered, which facilitates tracking of asset permissions.
Higher Efficiency
Trust, sharing, and security and privacy protection ensure circulation of digital assets throughout the custody chain.
Prevention of Duplicity
Tamper-evident ledgers prevent falsification and risks posed therefrom.
Notarization for Crowdfunding
Funding is traceable and information is open, transparent, and shared across the entire network, resolving trust issues between organizations in areas highlighting public trust.
Advantages
Increased Efficiency
Shared ledgers break down the barriers between people and between organizations. Smart contracts enable automatic execution of transactions.
Effective Control
Circulation, 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 and improves mutual trust.
Functions
Quick Deployment
Reduces blockchain deployment time from days down to minutes.
Lowered Threshold
Adopting Huawei's best practices, deployment time is significantly reduced and configurations are performed with high degree of automation to save time.
Masking of Underlying Technical Details
High availability, high performance, and completely secure blockchain system ready for immediate use. Users only need to focus on business innovation without concerning themselves with the underlying technologies or having to invest copious amounts of budget and time into platform construction.
Dynamic Joins
Cloud tenants are invited to form consortia. Each tenant has a separate VPC, ensuring security and controllability.
Convenient and Flexible
Consortium blockchains can be formed dynamically. Consortium members share the blockchain network costs.
Pluggable Consensus Algorithm
Provides multiple consensus algorithms to adapt to diverse scenarios.
Solo (for Simplicity and Testing)
Solo requires only one node for transaction ordering. It does not support byzantine fault tolerance, but features quick startup and resource saving.
Kafka (Crash Fault Tolerant)
This high-speed consensus algorithm orders transactions based on Kafka/Zookeeper, tolerating crash faults on just under half of all nodes.
Fast Byzantine Fault Tolerance (FBFT)
FBFT is a consensus algorithm with high performance and availability. It requires at least four nodes for transaction ordering and tolerates byzantine faults at a maximum of (N – 1)/3 nodes, where N indicates the total number of blockchain nodes involved in transaction ordering. For example, assume that there are seven nodes. Transactions can be correctly ordered if not more than two nodes experience byzantine faults. This algorithm is recommended in the production environment.
Node Auto Scaling
Supports auto scaling of peers and orderers to meet demands on high availability, without the need for system reboot.
High Availability
Compliant with Kubernetes; support for masters, shared storage, and node fault recovery.
Dynamic Scaling Out
Docker containers run on nodes and can be seamlessly scaled out based on user requirements without interrupting services.
Visible Code Mgmt.
Allows chaincode mgmt. 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 all in real time.
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.
Enterprise-grade monitoring
Performs multi-dimensional monitoring on clusters 24/7, and supports user-defined alarms across multiple channels.
