China’s JD.com Reveals JD Blockchain Open Platform

Chinese e-commerce giant JD.com announced on Friday that it was launching a blockchain platform aimed at enterprise clients. The new instrument will help customers develop, host, and apply their own blockchain apps for operations management. JD Blockchain Open Platform, as the platform is called, is based on several innovative technologies, allowing users to develop and adjust smart contracts on enterprise clouds, both public and private. The solution will enable enterprise clients to speed up operational processes like tracking goods and charity donations, property assessment, authenticity verification, digital copyrights, and transaction settlements, among others.

The platform is part of JD’s Retail as a Service (RaaS) strategy expansion, which stipulates that the retailer is open to sharing its innovative technologies with other companies. JD Blockchain Open P…

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