Tencent’s WeBank Collaborates with Macao Over Smart City-Focused Blockchain, AI Initiatives – Coinjournal
WeBank, the digital bank of China’s Internet giant Tencent, has signed a collaboration agreement with the Macao Science and Technology Development Fund (FDCT), an initiative established by the Macao government, over the development of smart city projects on the areas of infrastructure, public services, government administration, and talent training.
Under the agreement, the two parties will collaborate on fintech projects to promote the “futuristic urban development” of the Macao SAR leveraging blockchain, artificial intelligence (AI), big data, cloud computing and other technologies, to enhance the science and technology capabilities of the Guangdong-Hong Kong-Macao Greater Bay Area.