Tencent Cloud wins bid to government blockchain project · TechNode

Tencent Cloud wins bid to government blockchain project · TechNode

Baecsense and Tencent Cloud win bid to build blockchain projects for the Beijing municipal government. City of Suzhou sets up the country’s first national blockchain development pilot zone. Nayuki Tea and Bakery releases a virtual idol and 300 NFTs. Qihoo 360 builds a system to monitor crypto mining activities. 

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The world of blockchain moves fast, and nowhere does it move faster than China. Here’s what you need to know about China’s block-world in the week of Nov. 30 to Dec. 7.

Chinese government’s blockchain push

  • Baecsense, an edge computing chips and blockchain company, and Tencent Cloud jointly won a major project from Beijing’s blockchain computing platform, led by the Beijing municipal government’s Bureau of Economic and Information Technology. The project asks the two companies to provide cloud software for hash power platforms, servers and equipment, computer room and supporting network, and system development and integration. The bid…

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