WeChat owner Tencent thinks blockchain can speed up reimbursement of expenses for company employees and it’s trialing a feature to do just that.
China’s Tsinghua University researchers have come up with an ingenious scheme to enable the protection of country’s cultural heritage and artifacts using blockchain technology, according to Coindesk They have filed a patent, for a system which will save digital versions of ancient artifacts on the blockchain using 3D scanning. The computing model created by a team […]
Technology giant Tencent said it was teaming up with the Chinese government to fight blockchain-related security problems and crimes.
Sellers of counterfeit, illegally-made receipts help businesses take advantage of tax loopholes in China, but that’s set to change with the application of blockchain technology in the handling of digital invoices. Disrupting China’s Counterfeit Invoice Market Faked official invoices are big business in China. One person who creates these legal proof of payments — “fapiao”… […]
Tencent is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain product for invoicing.
Tencent and FedEx are among over a dozen major companies and institutions joining the Canada-based Blockchain Research Institute.
Chinese internet giant Tencent and chip maker Intel are teaming up on hardware-based blockchain security for the Internet of Things.
The smartest minds and smartest companies in the world are not only dealing with cryptocurrencies, but they are also bringing synergetic forces to finance a wide range of amazing solutions. One of these solutions: reducing travel time and solving traffic jams. For example, companies such as Tencent and Freigeist are funding Lilium, a German start-up […]
Japanese bitcoin exchange Bitpoint announced on Wednesday the partnership with Nippon Pay to offer cryptocurrency payment options alongside China’s three most popular payment services. Also read: Japan’s Largest Online Travel Agent Bringing Bitcoin to 1400+ Hotels This Summer “The World’s First” Bitpoint informed their customers on Wednesday that the company has “agreed to form a business […]
The Bank of China is partnering with Tencent, one of the country’s biggest internet companies, to trial blockchain tech in financial applications. Source
Chinese internet conglomerate Tencent is launching a new suite of blockchain services, detailing the plans in a new white paper. Source
In addition to creating barriers for international business in China, this kind of legislative move goes completely against innovation. It could well be considered to be part of what is called “indigenous innovation” in China. ]]>
Charity is a growing sector and one where bitcoin could make a significant impact. Technology giant Tencent is currently donating 2% of its profit to charity, as the usage of mobile internet is growing in China’s philanthropy sector. Moreover, new legislation in the country makes it easier for approved companies to raise and manage funds […]
A group of technology and finance companies in Shenzhen, China, have launched a new blockchain consortium.
China has suspended registration of new businesses with finance-related names, saying that these firms first need approvals from financial regulators. What effects will these measures have on the Chin]]>