Huge Chinese Retailer Launches Open Blockchain Platform

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One of China’s largest retailers, JD.com, is launching a blockchain platform. The idea behind the JD Blockchain Open Platform is to allow the company’s enterprise customers to develop their own applications based on the innovative and disruptive technology. JD.com Hopes to Encourage Innovation with New Platform The goal of the JD.com’s new platform is to provide the company’s business customers with a framework to develop their own smart contract-based systems. These will be hosted on public and private enterprise clouds. JD.com’s customers will be able to create and fine tune their own smart contract applications in line with their specific needs, according to a blog entry posted earlier today. The post goes on to state that the JD Blockchain Open Platform is built on “multiple underlying technologies”. The hope is that by using these technologies, JD.com’s clients will be able to streamline vital operational procedures. These include tracing the movement or