The Tencent blockchain accelerator entry contest was held lately in Shenzhen China. Its theme involved “blockchain trade and ecological co developm
The Tencent blockchain accelerator entry contest was held lately in Shenzhen China. Its theme involved “blockchain trade and ecological co development”.
Based on the native information on July 2, Professor Zhu Jiaming, former economist of United Nations Industrial Improvement Group and the President of Chinese language Digital Property Analysis, believes “2020 is a crucial yr for integrating blockchain in numerous industries, and it’s a key interval within the improvement and utility historical past of blockchain.”
Reaching the tipping level
Zhu says there may be an unprecedented consensus on the standing of blockchain in macroeconomic and social governance, and that this has reached the nationwide strategic stage.
Zhu acknowledges that the appliance eventualities of blockchain have been expanded in recent times. He additionally states that the mixture of blockchain and numerous industries has develop into extra totally developed, and that the ecology of blockchain industrialization has begun to look.
On this context, Zhu Jiaming believes that: “Technique, interplay, ecology and acceleration” have develop into the important thing phrases for blockchain integration.
Tencent blockchain accelerator contest
60 enterprises had been reportedly taking part within the Tencent blockchain accelerator contest. They had been divided into three teams: “industrial blockchain options”, “industrial blockchain infrastructure” and “industrial blockchain peripheral providers”. They cowl finance, authorities affairs, logistics, authorized affairs, schooling, trade and different industries, with an general complete valuation of greater than 10 billion yuan, about 1.40 billion USD.
Cointelegraph reported on April 30 that Tencent had opened purposes for its new “Tencent Industrial Accelerator,” with a complete of 30 locations. Tencent Holdings will allocate almost $70 billion (500B yuan) over the following 5 years in fintech improvement, together with blockchain, cloud computing, and synthetic intelligence.