Tencent Holdings, in partnership with a financial start-up, founded by its former employee, has launched a digital platform for transactions with Chinese bonds, Bloomberg reports. The platform of the Chinese Internet giant Tencent was called QTrade. It, like the analogue of QQ's popular messenger, fully meets the requirements in the sphere of securities trading, as well as in the sphere of security. Co-founder of QTrade, Zhou Jingyu, explained that the algorithm first authorizes both parties of the transaction, and then stores their correspondence and reports on transactions for at least 5 years.
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