Cryptocurrency is so popular these days, except the traders and issuers, the blockchain technology behind it also attract the attention of some Big Tech companies, Alibaba, Tencent, Baidu all join this war, let's see what they gonna do and how it will change our life.
April, 2018, Tencent blockchain service platform has been released on Tencent Cloudsite, and the projects include supply chain finance, medical, digital assets, logistic info., law access, non-profit founding etc. scenarios.
And mentioned by Tencent blockchain project GM, Cai Gege, the focus project of 2018 is supply chain finance, cause blockchain can solve credibility, the key problem of mid-small size enterprises financing.
Suning also started blockchain credit transmitting system, the first blockchain credit business, and the business reached up to 130 million RMB.
Zhongguo Pingan will spend 1% of their turnover on the development of blockchain. Till now, they have 14 blockchain scenarios, including supply chain finance, and healthy medical.
It's survey that till March, 2018, in China, the amount of companies whose main business in blockchain has reached up to 456, and at first season of 2018, 68 investment in blockchain has happened. China has been a vital participant in international blockchain development.