Blockchain provenance startup Everledger has raised $20 million in a Series A round led by internet giant Tencent.
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.
WeChat has just blocked an official sales channel for Bitmain miners, along with several accounts that analyse the crypto markets.
WeChat owner Tencent thinks blockchain can speed up reimbursement of expenses for company employees and it's trialing a feature to do just that.
Technology giant Tencent said it was teaming up with the Chinese government to fight blockchain-related security problems and crimes.
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 Bank of China is partnering with Tencent, one of the country's biggest internet companies, to trial blockchain tech in financial applications.
Chinese internet conglomerate Tencent is launching a new suite of blockchain services, detailing the plans in a new white paper.