China launches a blockchain research center with 500,000 specialists China’s tech interests range, but the government definitely has eyes on the Web 3.0 industry to build up its digital economy.
Tencent to invest US$70 billion to advance tech infrastructure in China Chinese tech giant Tencent plans to invest 500 billion yuan (US$70 billion) over the next five years towards making advances in cloud computing and artificial intelligence (AI). The company will focus other investments towards digital infrastructure such as blockchain technology, Internet of Things, quantum computing, 5G mobile networks and