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Tencent to Invest $70 Billion in Fintech Advancement Including Blockchain

Tencent, a massive Chinese tech giant that operates WeChat aims for blockchain technology development across China as part of a $70 billion investment in fintech. Chinese tech giant Tencent Holdings will allocate almost $70 billion (500B yuan) throughout the following five years in technology infrastructure, including blockchain, cybersecurity, cloud computing, and artificial intelligence.    Reuters…