Cloud Provider Xunlei Launches Blockchain File System

Chinese expertise firm Xunlei Limited, recognized to some because the BitTorrent of China, introduced Friday that it has launched a brand new distributed file system aimed toward supporting blockchain platforms.

The ThunderChain File System (TCFS), in addition to three ThunderChain Request for Comments (TRC) requirements, will assist assist blockchain growth, the corporate mentioned in statements. The new file system, particularly, goals to mix options of current platforms like IPFS and filecoin, whereas including new safety and adaptability instruments.

The information got here out throughout a ceremony hosted in Shenzhen, China, proper earlier than the corporate unveiled the winners of a world blockchain software competitors it additionally sponsored.

Xunlei first introduced it was launching ThunderChain in April, when the corporate claimed its new blockchain would have the ability to present “processing capacity in the millions of transactions per second,” as beforehand reported by CoinDesk.

The new TCFS, in line with Friday’s launch, is constructed particularly for blockchain platforms like ThunderChain. The TRC requirements are aimed to assist construct up the ecosystem by permitting third events to construct upon the corporate’s blockchain.

Xunlei CEO Lei Chen mentioned in a press release that the corporate “is committed to amplifying the power of individuals through technological innovation.”

He added:

“That is why we introduced ThunderChain File System and other new initiatives as we continue to help developers unleash the real value of blockchain. We are also delighted to see a large number of practical blockchain projects developed during the challenge and would like to thank everyone for their great contribution.”

Notably, the corporate entered the blockchain business final October, as CoinDesk beforehand reported, but in addition has since been topic to two ongoing class motion lawsuits over an alleged preliminary coin providing (ICO) from its traders.

Xunlei’s web site image through Shutterstock

The chief in blockchain information, CoinDesk is a media outlet that strives for the best journalistic requirements and abides by a strict set of editorial policies. CoinDesk is an impartial working subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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