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Edited by qqqpeter at 2019-11-11 20:30

Tencent setup Virtual Bank in HK and Preparing the blockchain team

Exmoo.com reported that The second World Blockchain Conference was held in Wuzhen on last Friday (8th, Nov). Cai Weige, general manager of the blockchain business of Tencent, delivered a keynote speech at the meeting, revealing that Tencent Virtual Bank has obtained a Hong Kong license and is preparing a blockchain virtual banking team. He said that the blockchain is still in the early stage of the application explosion. In the application scale, the blockchain itself is not the bottleneck, and the gateway and auxiliary technology under the chain to the chain is the key. Frontier technologies such as networking and artificial intelligence are integrated.

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Image from Theblockcrypto.com

He also pointed out that the Hong Kong government began to supervise the management of digital virtual assets so that the blockchain and digital assets have paid enough attention to the whole industry. At present, Tencent has already implemented digital asset practices in supply chain finance and improving asset and capital allocation efficiency, such as cooperation with McDonald's in supply chain finance and electronic invoices in the blockchain of Tencent.
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