#NewsOfTheDay #China #Fintech #Blockchain #Technologies WeCh | Adepts | Blockchain Media

#NewsOfTheDay #China #Fintech #Blockchain #Technologies

WeChat invests $70 billion in Fin-tech, including Blockchain and AI

Chinese tech giant Tencent Holdings will allocate around $70 billion (500B yuan) over the next five years in fin-tech development, including blockchain, cloud computing, and artificial intelligence (AI).

Also Tencent wants to expand to business services and will invest in 5G networks, Internet of Things (IoT) operating systems and large data centers.

Read more