Joshua Althauser: Intel and Tencent Collaborate on Internet of Things Blockchain Solution

Chinese media and technology firm Tencent and Intel announced at the 2017 World Internet of Things Exposition in Wuxi, China on September 10 their signing of a letter of intent for a partnership centered on Blockchain technology.

The partners asserted that the project will focus on developing applications for the Tencent User Security Infrastructure (TUSI) Internet of Things (IoT) laboratory.

According to Tencent Mobile Internet Group Vice President Wu Yu, there is an increasing adoption of IoT technology worldwide and they want to take advantage of this growth. He added that Intel’s technology will be used to resolve issues with critical hardware security.