Chinese 'Wikipedia' Now Tracks Revisions on a Blockchain

Baidu had implemented own blockchain in its Wikipedia alternative called Baike
29 May 2018   420

The Chinese alternative of Wikipedia, Baidu Baike, used the blockchain to keep track of the revisions in the articles in order to increase the transparency and traceability of events in its service, CoinDesk reports.

Although the company has not officially announced the integration of the technology yet, the search on the encyclopedia already returns the results that the hash values ​​correspond to, which indicate that the data are recorded including with the help of the blockchain.

In a conversation with CoinDesk, a company representative confirmed that in the public version of the service, hash values ​​began to appear on this Monday, although some timestamps indicate that hashing started at least last week.

Baidu Baike
Baidu Baike

To track revisions Baidu uses its own blockchain system, which does not allow an outside user to determine which data is recorded, for example, whether the revision time, the name of its author or the reason for making entries are taken into account.

The representative of Baidu refused to answer technical questions, but said that the goal of integrating the block is to increase the reliability of the data in the encyclopedia, which information can be modified by the users themselves.

Baidu Baike was launched in 2008 and is the main service of this kind for the residents of China, as the original "Wikipedia" in the country is blocked. According to public data as of February 2018, the encyclopedia contains 15.2 million records and 6.4 million revisions.

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.