Blockchain File System Launched By Chinese Cloud Giant Xunlei

Announcements, Blockchain, News | July 9, 2018 By:

Chinese cloud network provider Xunlei has launched a blockchain file system for data storage and authorized distribution.

Founded in 2003, Xunlei is known as the BitTorrent of China. It operates a powerful Internet platform based on cloud computing to provide users with access to digital media content through its core products and services, Xunlei Accelerator, and the cloud acceleration subscription services. Xunlei’s ThunderChain blockchain platform is designed to realize confirmation and interaction among homogeneous chains and enable multiple transactions to be executed on different chains in parallel.

The new file system, called ThunderChain File System (TCFS), is based on Xunlei’s proprietary distributed technology and millions of shared computing nodes. Built specifically for blockchain platforms including ThunderChain, TCFS allows developers and enterprises to build decentralized applications (DApps) with distributed data storage and integration. It aims to combine features of existing platforms like IPFS and filecoin, while adding new security and flexibility tools.

“Xunlei is committed to amplifying the power of individuals through technological innovation,” said Lei Chen, Chief Executive Officer of Xunlei. “That is why we introduced ThunderChain File System and other new initiatives as we continue to help developers unleash the real value of blockchain.”

The company also published three ThunderChain Request for Comment (TRC) standards to help blockchain developers and companies reduce costs and build a ThunderChain ecosystem. These standards are TRC1 (token standard, compatible with ERC20), TRC2 (non-fungible token standard, compatible with ERC721) and TRC2-1 (authorizable non-fungible token standard).