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By Tony Owusu,

Chinese cloud-based technology acceleration company Xunlei Ltd. (XNET - Get Report) rose 4.3% in premarket trading Friday, April 20, after it announced it was launching ThunderChain, a new and improved blockchain product that can conduct millions of transactions per second.

Cloud computing allows ThunderChain to "realize confirmation and interaction among homogeneous chains and enable multiple transactions to be executed on different chains in parallel," the company said.


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