Blockchain
In line with native information outlet 36kr.com, Chinese language know-how conglomerate Tencent lately acquired a novel patent for a blockchain-based lacking individuals poster. The patent took almost three years to be awarded from the date of its first submission in December 2019.
The paten consists of an information era request upon consumer submission that an individual has gone lacking. The proposal is then unveiled publicly on the blockchain for verification. As soon as a consensus has been reached concerning the request, it’s then saved within the public ledger and forwarded to nodes for broadcasting to a wider viewers. Tencent mentioned within the patent utility that the design seeks to enhance the effectivity of on the lookout for lacking individuals.
Tencent has been an early experimenter of blockchain know-how amongst massive tech companies, particularly concerning exploring potentialities for integration with fee know-how; although its efforts have been impeded considerably by China’s robust regulation surrounding crypto. But, its “FISCO BCOS” coinless blockchain developed collectively with Chinese language telecom large Huawei from 2018 for constructing decentralized purposes stays lively till today.
In early July, Tencent shut down certainly one of its nonfungible tokens platforms after the Chinese language authorities clarified that it doesn’t permit customers to conduct non-public transactions post-purchase, together with declining gross sales.
China is at the moment embarking on a centralized method to blockchain know-how, with coverage considerably favoring its digital-yuan (e-CNY) central financial institution digital foreign money as an alternative of digital tokens developed by non-public companies. Final week, the nation rolled out its first-ever e-CNY-enabled social safety card, which permits welfare to be deposited straight into the recipient’s account within the digital yuan and used for spending.
