Tencent, the Chinese media and technology company, has unveiled its partership with Intel at the 2017 World Internet of Things Exposition in Wuxi, China. Thus, ae reported by cointelegraph.com, the two companies signed a letter of intent for a partnership centered on blockchain technology.
According to the report, the project will focus on developing applications for the Tencent User Security Infrastructure (TUSI) Internet of Things (IoT) laboratory.
Intel is committed to providing privacy protection, security and scalable technology, and by working with Tencent on Blockchain technology, the prospects will be exciting.
Intel’s Software and Services Group vice president
As the letter of intent details, Tencent will utilize cloud-based blockchain technology through the support of Intel. However, it’s unclear whether the project will use the Coco Framework, which is a joint project of Intel and Microsoft, or an iteration of Hyperledger, which is Linux’s open-sourced platform for blockchain projects.