Chinese business giant Tencent has registered a series of new blockchain patents, according to a new report – a possible hint that the company is on the verge of launching a series of new blockchain-related operations.
Per the Securities Times (via EGSEA), the Shenzen-based company, whose core business areas are IT services and entertainment, has registered an unspecified number of blockchain-related patents in a wide number of different areas.
The media outlet says that these patents include blockchain-based advertising and ad-monitoring services, as well as fund management and “consumer” applications, hardware devices that make use of blockchain technology, as well as storage solutions that are operable with blockchain networks. The company is believed to have more blockchain patents than perhaps any other on the planet.
