Chinese tech and ent. conglomerate, video gaming, social media, (stellarprojectsrussia.com) Issuser Address: GBBRNSEXGLUDA5VGW3YJCF6UE2DNFDAWPN7J5TGXOMXTGTXOUWNN43LU ICO On 06/10/2023 CB:25,000%
Project Aurora & Ukaz asset
Tencent is a Chinese tech and entertainment conglomerate behind the Great Firewall; the world's largest video gaming company (https://youtu.be/jlBkhUJADDQ); and of the largest social media, VC, and investment corporations in the world. It became the 1st Asian company to cross US$500 billion valuation, surpassing Facebook to become the world's #5 biggest company
Social Media, Gaming, Entertainment
Its services include social networks (instant messengers Tencent QQ, WeChat with 1.67bil users, QQ.com the world's 4th most visited website, Snapchat), music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games. It has stakes in world-renown gaming companies like Riot Games, Epic Games, Activision Blizzard, SuperCell, Bluehole, and Guillemot Brothers Limited (Ubisoft's parent company). Other notable investments include Discord, Roblox Corporation, Lockwood Publishing
Tencent has exclusive in-China distribution agreements with major music producers like Sony, Warner Music Group, YG Entertainment, and Universal Music Group as well as has swap-rights with Spotify. It also has exclusive rights with HBO for distribution in China
The company has developed its own voice assistant Xiaowei and a feature allowing smartphone users to access mobile apps around the world on WeChat without downloading them
Developed in 2013, WeChat Pay is a digital wallet service with 1.13 billion active users and allows them to pay bills, make purchases, transfer money to other users, and make in-store purchases as long as the vendor is on the WeChat network using QR codes. Users link their Chinese bank accounts to enable seamless transactions through the Visa, MasterCard and JCB. Since 2021, QR codes between WeChat Pay, Alipay, and UnionPay's Cloud QuickPass platforms are interoperable
Automotive
Tencent and Temasek Holdings were initial investors in Didi Dache (China's leading ride-share app) and also launched WeBank (China's first online-only bank)
In 2016, Tencent joined forces with Foxconn and Harmony New Energy Auto to found Future Mobility, a major player in Project X: Mobility in Harmony (https://t.me/QuantumStellarInitiative/27425) and has created an alliance for its own AI self-driving program (https://www.scmp.com/business/companies/article/2108489/tencent-forms-alliance-push-ai-applications-self-driving). Tencent also has significant shares in Tesla
Healthcare
Tencent has created WeChat Intelligent Healthcare, Tencent Doctorwork (merged with Trusted Doctors to combine both online and offline private health care networks (https://www.scmp.com/tech/china-tech/article/2158942/tencent-merge-doctorwork-trusted-doctors-build-its-online-and)), and AI Medical Innovation System (AIMIS) = WeSure (https://technode.com/2018/02/11/tencent-medical-ecosystem/)
Tencent's WeSure Insurance platform works with major generative AIML insurance companies like Ping An Insurance (https://t.me/QuantumStellarInitiative/24150) which is using ALGO, IOTA, XDC, and Stellar
AIMIS has 2 core competencies: AI medical imaging and AI-assisted diagnosis. AI Medical Innovation System (AIMIS) helps doctors screen for diseases and cancers through its AI-assisted medical image analysis while its AI-assisted medical diagnosis engine allows doctors to identify and estimate the risk, improving the accuracy and efficiency of their diagnosis:
- recognition accuracy reaches 90% for esophageal cancer, 97% for diabetic retinopathy and 97.2% for colorectal cancer
- nearly 80% of Chinese hospitals and medical enterprises plan to carry out, or have already carried out, medical AI applications
Tencent also received the Zero Project Award 2023 for innovative ICT solutions for persons with disabilities. Originating from Tencent's game development, MTGPA Haptics transmits vibro-tactile signals to users which support orientation and notification. Typical customers are persons with visual impairments or the elderly (https://zeroproject.org/view)
Urban Development
In 2020, Tencent unveiled plans for an urban development dubbed "Net City", a 21mil sq ft development (equivalent in size to Monaco) in Shenzhen (https://www.cnn.com/style/article/tencent-shenzhen-net-city/index.html). Expected to be completed around 2027, it will be a mostly car-free “city of the future” prioritizing pedestrians, green spaces, and self-driving vehicles, and also include corporate offices, a school, apartments, sports facilities, parks, and retail space. Its design includes environmental sustainability with rooftop solar panels and elaborate systems for capturing and reusing wastewater
Although regular cars will be able to access some parts of the neighborhood, the plan centers around a “green corridor” designed for buses, bikes and autonomous vehicles. The layout eliminates “unnecessary” traffic and the master plan is designed to offer what it calls an “interconnected, human-focused organic ecosystem”
Crypto
Tencent and Ant Group (Alibaba fintech affiliate and owner of AliPay) began working together in secrecy with the People's Bank of China (China's central bank) to develop the sovereign digital yuan since 2017, which was officially unveiled in 2021 (https://www.voanews.com/a/east-asia-pacific_voa-news-china_chinas-central-bank-works-ant-tencent-develop-digital-currency/6205324.html). The two companies have jointly promote the development of the e-CNY, based on Ant’s database, Ocean Base, and its mobile development platform, mPaaS
AI
In 2015, security testing firms AV-Comparatives, AV-TEST and Virus Bulletin jointly decided to remove Tencent from their software whitelists. The Tencent products supplied for testing were found to contain optimisations that made the software appear less exploitable when benchmarked but actually provided greater scope for delivering exploits.[309] Additionally, software settings were detrimental to end-users protection if used. Qihoo was later also accused of cheating, while Tencent was accused of actively gaming the anti-malware tests
In September 2023, Tencent's AI chip startup Enflame Technology raised $274 million (https://www.msn.com/en-us/money/other/tencent-invests-again-in-ai-chip-startup-enflames-new-274m-funding-report/ar-AA1hnYCe) from investors like Shanghai International Group (state asset regulating authority), CITIC (https://t.me/QuantumStellarInitiative/26043), CICC Capital, and Primavera
Recently, Tencent announced Hunyuan LLM, its universal large language model (LLM) (https://www.msn.com/en-us/news/technology/tencent-unveils-hunyuan-a-100-billion-parameter-llm-elevating-ai-competition/ar-AA1gmpmZ) that can be tailored for industries like tourism, finance, public services, and ISPs (https://www.cnbc.com/video/2023/09/07/tencent-on-how-its-ai-model-hunyuan-will-benefit-existing-products.html). These open source LLMs allow enterprises to train the AI using their company's databases to further refine the algorithms and have an 100 billion parameters. Hunyuan Aide is a new chatbot with capabilities on par with top US rival ChatGPT-4 (https://www.barrons.com/news/tencent-claims-new-ai-chat-bot-skills-comparable-to-chatgpt-9d90ca97) although is far superior to ChatGPT in understanding Mandarin
On September 28, 2023, Tencent Music partnered with Qualcomm to launch AI-powered Snapdragon Premium Sound Quality (https://technode.com/2023/09/28/tencent-music-partners-with-qualcomm-to-launch-ai-powered-premium-sound-quality/) which features QQ Music’s AI model algorithm on the device side, providing users with a more layered and in-depth listening experience by enhancing the speed and efficiency of audio encoding, audio decoding, and audio detail restoration
Stellar Humanitarian Wealth Transfer:
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? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)