As blockchain technology gradually matures, more and more companies are beginning to pay attention to and explore the application of blockchain technology. As a Chinese Internet giant, Tencent is also actively developing the blockchain field and cooperating with a number of blockchain companies. Among them, the cooperation with TenX has attracted much attention. This article will explore the cooperation model between Tencent and TenX.

TenX Introduction

TenX is a blockchain financial technology company founded in 2015 and headquartered in Singapore. TenX is committed to building a global digital currency payment platform so that digital currency can be widely used in real life. TenX's core product is a credit card that supports multiple digital currencies. Users can use this credit card to spend money around the world and pay using multiple digital currencies. TenX's vision is to make the use of digital currency simple, convenient and safe.

Cooperation between Tencent and TenX

In early 2018, Tencent announced a strategic cooperation with TenX. The two parties will cooperate in digital currency payment, blockchain technology research and development, digital currency wallets, etc. . Specifically, Tencent will use its own payment technology and user resources to help TenX promote its digital currency payment platform in the Chinese market and assist TenX in developing a digital currency wallet. At the same time, Tencent will also cooperate with TenX to develop blockchain technology and explore the application of blockchain in fields such as finance and the Internet of Things.

Analysis of cooperation model

It can be seen from the cooperation between Tencent and TenX that Tencent’s layout in the blockchain field mainly includes three aspects: digital currency payment, digital currency wallet and zone Blockchain technology research and development. These three aspects are closely related to TenX's business, so we chose to cooperate with TenX.

In terms of digital currency payment, Tencent has strong payment technology and huge user resources. By cooperating with TenX, Tencent can combine its payment technology and user resources with TenX's digital currency payment platform to promote the application of digital currency payment in the Chinese market.

In terms of digital currency wallets, Tencent can assist TenX in developing digital currency wallets so that users can manage and use digital currencies more conveniently. Digital currency wallets are also one of the important applications in the blockchain field. The cooperation between Tencent and TenX can promote the development of digital currency wallets.

In terms of blockchain technology research and development, Tencent and TenX can jointly explore the application of blockchain in finance, the Internet of Things and other fields. As a Chinese Internet giant, Tencent has strong technical strength and market resources. Cooperation with TenX can provide more support and resources for the research and development and application of blockchain technology.