Blockchain Podcast - Episode 12: Tencent heavily in Blockchain: another industrial war?
Description
This time Dario and Daniele discuss the news that the Chinese Internet giant Tencent is investing heavily in blockchain technology: will we see another industry war after the Huawei 5G dispute between the USA and China?
Of the 5,800 patents filed in 2019 for blockchain technologies, Tencent presented 718 - or 12.4% of all patents filed - the biggest amount of any single company. The news that the owner of WeChat and the largest video game company in the world will be spending $50 billion in R&D over the next 5 years would usually be welcome news. Now companies are wondering if Tencent could be next in the banned list of the USA government.