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.
BMW’s works council head supports electric-only technology platform25.06.2020
China’s Tencent buys Malaysian streaming platform Iflix in a push into South East Asia16.06.2020
Asian stocks gain after Fed announces new bond-buying measures16.06.2020
Gold climbs as the Dollar weakens with the Feds expanding Bond Buying Program