Xunlei’s Efforts on Innovation are Affirmed by MIIT Blockchain Industry Whitepaper
May 22 2018 - 7:30AM
Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq:XNET), a leading
cloud-based bandwidth acceleration technology company in China,
announced today that the Company’s cloud computing business model
for sharing economy was cited by the 2018 White Paper on China’s
Blockchain Industry as an endeavor to lower bandwidth cost through
innovation, improve internet speed, save energy and reduce carbon
dioxide emission. The 2018 White Paper on China’s Blockchain
Industry (the “White Paper”) is an authoritative report issued by
the Information Center of the Ministry of Industry and Information
Technology of the People’s Republic of China (the “MIIT Information
Center”). In formulating such White Paper, the MIIT Information
Center conducted extensive research on macro policies, multiple
industries and select companies with blockchain applications.
Xunlei’s shared computing model is cited as one of the mainstream
blockchain infrastructure by the White Paper, which also notes that
Xunlei’s blockchain-based hardware, OneThing Cloud, has been
serving as a bridge in transforming idle computing resources shared
by individual users into high-quality resources that enterprises
can utilize. According to the White Paper, Xunlei’s shared
computing model helps enterprises reduce operating costs, enhance
user experience, and more importantly, save energy and reduce
carbon dioxide emission. The White Paper was officially
released by the MIIT Information Center on May 20 in Beijing during
2018 China Blockchain Industry Forum (the “Forum”). The CEO of
Xunlei, Mr. Lei Chen, was invited to speak on the Forum and
introduce how Xunlei was applying blockchain technology to empower
real economy by building an ecosystem involving millions of users,
companies and developers.
About
Xunlei Xunlei Limited ("Xunlei") is a leading cloud-based
acceleration technology company in China. Xunlei operates a
powerful internet platform in China based on cloud computing to
provide users with quick and easy access to digital media content
through its core products and services, Xunlei Accelerator and the
cloud acceleration subscription services. Xunlei is increasingly
extending into mobile devices in part through potentially
pre-installed acceleration products in mobile phones. Benefitting
from the large user base accumulated by Xunlei Accelerator, Xunlei
has further developed various value-added services to meet a fuller
spectrum of its users' digital media content access and consumption
needs. Contact: Investor RelationsXunlei LimitedEmail:
ir@xunlei.com Tel: +86 755 8633 8443 Website:
http://ir.xunlei.com
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