Daily Blockchain Use Cases and News #37

Baidu has revealed some details on its blockchain.

  • The blockchain will handle over 10,000 transactions per second through inter-chain parallel technology and a stereoscopic network.
  • For the comparison: Bitcoin handles 3–7 transactions per second, Ethereum handles around 15 transactions per second.
  • Baidu is China’s largest search engine and one of the top 5 popular websites on the internet.

Australian federal government agency developed a blockchain network able processing 40,000 transactions per second

Ripple formed a lobbying group in Washington DC.

The Stellar-based decentralized exchange StellarX left the beta.

The DEX launched on 28th of September.