It was announced that Baidu has joined the project as a Premier Member. Brian Behlendorf, the Executive Director of Hyperledger, on behalf of the project, welcomed Baidu:
“It’s exciting to see a company like Baidu, which serves the world’s largest Internet user population, join Hyperledger. Their deep understanding in connecting users to information and services will be a tremendous experience for us to leverage, as we look to expand our reach further in Asia and drive more global production deployments of Hyperledger technology.”
According to the website, Hyperledger is an open source collaborative effort, which was created to advance cross-industry Blockchain technologies.
Released by the Linux Foundation in 2015, Hyperledger has attracted many influential companies like J.P. Morgan, Airbus, Intel, Cisco, and Wells Fargo. This project is a global Blockchain union with huge influence.
Vice President of Baidu, Zhang Xuyang, has stated:
“We believe Blockchain technology will allow us to better tailor our search technology to our users’ needs by enhancing the way we optimize local tastes and preferences. We’re thrilled to be part of Hyperledger, and look forward to collaborating with other members to drive open Blockchain solutions forward.”
After the government of China expelled Google, Baidu has become the dominant search engine in China. Nowadays it is one of the largest Internet companies in China. It became a member of “BAT”(Baidu, Alibaba, and Tencent), which is the Chinese version of “FLAG.”
Baidu is not the only greatest Chinese tech company showing interest in Blockchain technology.
In July 2016, Alibaba in its charity platform used Blockchain, making by that the information of donations even more transparent. After that by cooperating with different companies and purchasing start-ups, Alibaba applied Blockchain technology in some areas, including food safety and email security.
Moreover, a subsidiary of Alibaba, Ant Financial, has included Blockchain into its future developing areas with AI, security, IoT and cloud computing.
It also tried to cooperate with the Chinese government on city construction, with Blockchain technology. Also the designer of WeChat and QQ entered the Blockchain playground last year.
Tencent participated in the establishment of the Financial Blockchain Shenzhen Consortium in May 2016. It is the largest Blockchain alliance in China. Tencent also included Blockchain into future development plan.