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# Tencent News

December 14, 2018 by at Adoption, Blockchain, Business, News
The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December...
A post on Chinese microblogging website Weibo has revealed that certain NEO users may be affected by a critical software vulnerability that could potentially lead to loss of tokens. The bug was reportedly discovered by another Chinese company, Tencent Security. According to the post, the vulnerability is limited to NEO...
May 28, 2018 by at Blockchain, Business, News, Tech
Utilizing blockchain technology to its full potential, governments around the world are swiftly implementing the decentralized ledger platform to evade fraud, create immutable databases, and test several use-cases. The latest to join this growing list is China’s fourth-largest city, Shenzhen, which seeks to eliminate unscrupulous businesses taking advantages of tax...
May 1, 2017 by at Blockchain, Business, News
Asia’s most valuable company, Tencent, which is valued at 2.31 trillion Yuan, or approximately $335 billion, a market capitalization larger than that of Alibaba, has announced the development of its blockchain platform called TrustSQL. Tencent is better known to the west as the owner of Riot Games, the development company...
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