Chinese Tech Giant Tencent To Develop Blockchain Supply Chain Finance Platform

Blockchain, News | November 5, 2018 By:

Tencent FiT, a division of Chinese media and tech giant Tencent, is creating an open supply chain finance platform based on blockchain technology.

Established in 2015, Tencent FiT provides online and mobile financial transaction services to businesses and individuals worldwide through the WeChat Wallet and other systems backed by the Tenpay online payment service.