Chinese search giant Baidu has offered details of its new Blockchain Lab for its proposed XuperChain network.

In its white paper, the company claims its XuperChain will support more than 10,000 transactions per second through interchain parallel technology and a stereoscopic network, CoinDesk notes.

Baidu has more than 50 patents for XuperChain and maintains 100 percent ownership of the intellectual property. However, the white paper said, the software itself will be open source. Read more here.

ThirtyK Staff
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