Tencent Aims to Establish 100-Member Blockchain Alliance in 2020

Tencent Cloud, the cloud computing arm of the Chinese internet giant Tencent, is preparing to bring together 100 organizations this year to establish the In­dus­try Blockchain League. On June 4, China Banking News reported that the blockchain association will include members from various sectors including en­ter­prises, in­dus­try as­so­ci­a­tions, in­dus­try me­dia, in­vest­ment or­gan­i­sa­tions, ter­tiary in­sti­tu­tions and think tanks. Three pillars The organizations will together work on the collective goal of bringing blockchain standards and conduct research and development for industrial implementation. The group will work in three different committees: a blockchain…