Lens
Metaverse Events
Chinese tech giant Tencent is applying for a virtual concerts patent, as conglomerates race for the first-mover advantage in the metaverse industry, business tracker Qichacha’s data shows. See related article: 16,000 metaverse trademark applications filed, unlikely to pass in China Fast facts The Shenzhen-based social and gaming giant’s patent application involves a computing approach and […]
Timmy Shen
Advanced Blockchain Technologies
The United Nations specialized agency for telecommunications standardization, ITU-T, has approved a non-fungible token (NFT) technical framework proposed by Chinese tech giants including Tencent Holdings and Ant Group, state-owned media reported. Fast facts The framework, which introduces an NFT standard, proposes technical and security requirements for digital collectibles on the blockchain. The international standards approved […]
Ningwei Qin
Advanced Blockchain Technologies
The Beijing Municipal Government announced the bidding results for the city’s blockchain and computing power platform. Tencent Cloud and government-tied enterprise Beijing Microchip Sensing Technology won the bid and will be paid US$37 million to build the system. Fast facts According to the bid’s quotations, Tencent Cloud will provide the cloud service for the blockchain […]
Ningwei Qin
Regulation
In the long run, the new rules may ‘lay the perfect foundation’ to improve risk management, says an ICBC expert.
Timmy Shen
Metaverse Platforms
Pony Ma, chairman and CEO of Tencent — the Chinese payments and social media giant that is also the world’s biggest video games vendor — said in the company’s third-quarter performance call this week that the metaverse is “very exciting, but a little bit vague,” and “an opportunity that really adds growth to the existing […]
Ningwei Qin
NFTs and Art
In a 48-second, computer-generated 3D animation, ROK uses a decentralized format to offer an ironic take on China’s internet giants crowding to host the shopping holiday.
Jocelyn Yang
NFT Marketplaces
Ant Group and Tencent recently rebranded NFT projects as digital collectibles amid China state media criticism.
Timmy Shen
NFT Marketplaces
Tech giants banish non-fungible token references as Beijing looks down new virtual asset market.
Timmy Shen
Metaverse Platforms
Chinese internet giant Tencent reportedly plans to bet big on the metaverse — a trending idea on building a virtual world typically with the support of virtual and augmented reality technologies — and is looking to build an advanced gaming studio for that, the South China Morning Post reported on Wednesday, citing sources familiar with […]
Timmy Shen
Advanced Blockchain Technologies
China saw a fivefold increase in blockchain patents last year despite the Covid-19 shutdown.
Timmy Shen
