Baidu
Basics
- Based in Beijing
- From Forbes Blockchain 50 (19-2-2020):
"Search giant Baidu has been bullish on blockchain for years. One of its affiliates Duxiaoman Financial, built a canine version of Cryptokitties in early 2018, which allows millions of Chinese to adopt and trade cute digital puppies, each distinct, that “live” on the blockchain. Another Duxiaoman service offers student loans, but funds are disbursed only after the technology is used to verify grades. At Baidu itself there are also numerous projects including XuperChain, which uses artificial intelligence to analyze copyright infringement allegations and reduce the time to a judgement from three months to one week."
- From Forbes Blockchain 50 (2-2-2021):
"China’s search giant and its fintech venture Du Xiaoman Financial have introduced morea than 20 blockchain solutions. One of them, Libra Chain, is serving as the infrastructure for China’s three internet courts handling copyright and e-commerce disputes through virtual litigation. To date, more than 35 million pieces of electronic evidence have been filed at the Beijing Internet Court."
Tech
- Will use (19-2-2020): Hyperledger Fabric
XuperChain
Roadmap
Usage
Competition
Pros and Cons
Team, investors, Partnerships, etc.
Team
- Key Executive: Li Feng, head of blockchain (not mentioned by Forbes anymore as of 2-2-2021, supplanted by Wei Xiao)
- Wei Xiao, general manager of the blockchain systems department
- Alex Cheng; Senior VP of Baidu (also advisor to Loopring)
- Centrality claims their team members come from (10-4-2020) all kinds of big organisations, one of which is Baidu.
- Some members from Qtum supposedly come from Baidu.
- Liu Jie; former architect, now founder of MCDEX.
Investors
Invested in
- Circle; "the company has raised $246M from the likes of Accel, General Catalyst, Goldman Sachs, Baidu, and IDG Capital"