The Chinese search engine giant Baidu has become the latest member of the Hyperledger Blockchain consortium led by the Linux Foundation.
By joining the group – which focuses on blockchain technology development for businesses – Baidu will help project efforts with other member companies, including Accenture, IBM, JP Morgan, R3, Cisco and SAP , among others.
Explaining the company's reasons for joining Hyperledger in a statement, Baidu's vice president Zhang Xuyang cited the belief that blockchain could help "better tailor" its search preferences based on user needs.
"In the past 17 years, we have striven to fulfill our mission by listening carefully to our users," he added. "We are excited to be part of Hyperledger and look forward to working with other members to advance blockchain open solutions."
Brian Behlendorf, executive director of Hyperledger, said about the new member:
[Baidu’s] "An in-depth understanding of users' connection to information and services will be a tremendous experience for us to leverage our expansion in Asia and increase the global deployment of technology. Hyperledger. "
The announcement comes just a week after the Tradeshift business network company joined Hyperledger as a member. More than 160 companies, startups and organizations have joined the consortium since its launch in 2015.
Baidu reports the image via Shutterstock