Tencent Holdings (HKG: 0700) Archives

daniel July 21, 2018 Alipay and WeChat, Alipay and WeChat Pay, Ant Financial, Are Digital Bank Runs Possible?, China Orders Digital Wallets to Act like Banks, Could a Digital Bank Run Happen in America?, Could Digital Wallets Trigger a Financial Crisis?, Digital Bank Run, liquidity crises, liquidity crisis, PayPal (NASDAQ: PYPL), Tencent Holdings (HKG: 0700), The Federal Reserve needs to Crack down on Digital Wallets, What if Ant Financial Collapsed?, Will Digital Wallets Trigger a Financial Crisis?

Will Digital Wallets Trigger a Financial Crisis?

Such a crisis would be catastrophic because Alipay and WeChat Pay reportedly processed $16 trillion worth of payments last year.
To make matters worse, WeChat Pay alone had 600 million users in August 2017, Statista calculated. Furthermore, Alipay had 400 million users. Therefore one billion people might be affected by a collapse of those organizations.

Grocery Wars

daniel March 28, 2018March 28, 2018 Alibaba (NYSE: BABA), Alipay, Chase Pay, for Ant Financial, Tencent Holdings (HKG: 0700), Walmart, Walmart (NYSE: WMT), Walmart Pay, Walmart to Use Tencent Holdings’ WeChat Pay, Walmart WeChat Pay, WeChat Launches SMS shopping Platform, WeChat Pay, WeShop, Will WeChat Pay Join Walmart Pay?

Walmart to Use Tencent Holdings’ WeChat Pay

News stories did not say whether WeChat Pay will be integrated with Walmart’s QR-code based payment app Walmart Pay. Walmart Pay is one of the fastest growing payment solutions in the United States.

Cryptocurrency

daniel March 9, 2018March 20, 2018 777 token, 777.Bingo, application of blockhain not blockchain, BeeChat, Bingo is an application not a chain, Bitcoin (BTC), Bitcoin Cash (BCH), Blockchain Company Not Holding Token Generation Event, encrypted social-media messaging and payment solution for the blockchain, Ethereum (ETH), Matt Lee, Mob Arts, Mob Arts Entertainment Corporation, NEXON (OTC: 3659.TO), Qtum, Tencent Holdings (HKG: 0700), triple-seven Ethereum-based ERC20-protocol tokens, triple-seven token

Blockchain Company Not Holding Token Generation Event

A visit to 777.Bingo’s website reveals no plans for a token sale. Instead the company, refreshingly, focuses on the product it wants to sell games. Even the name of the company’s token is hard to find through its site.

Europe.

777.Bingo’s business plan is to sell games through the blockchain; rather than tokens, the company’s Chief Strategy Officer (CSO) Matt Lee revealed. Lee views the blockchain as merely a distribution channel rather than a product.

Market Insanity

daniel February 4, 2018February 4, 2018 autonomous aerial vehicles, Blockchain.aero is, Boeing (NYSE: BA), Daimler AG (ETR: DAI), electric vertical takeoff and landing, electric-powered jets, eVTOL is a super-disruptive technology, eVTOL), Flying Cars, Flying Cars Might be for Real, Flying Cars still far from Reality, Flying Drone Taxis Planned, Hepard and Bartini, How Drone Technology is Making Flying Cars a Reality, How Flying Cars can Reduce Traffic Congestion, Lilium, McFly, Tencent Holdings (HKG: 0700), Why you Might ride in a drone soon, working flying car right

Flying Cars Might be for Real

Using electric engines greatly reduces the noise, which is the biggest objection to helicopters. The lithium-ion battery technology that makes electric cars like the Tesla possible can provide enough power for a short-range aircraft. Today’s electric engines are so powerful they can lift and propel an aircraft.