WeChat Used Blockchain To Issue Receipts
The WeChat payment system began issuing receipts based on the blockchain. The first innovation was discovered by Binance CEO Changpeng Zhao. The specialist wrote the following on his Twitter:
Just got word that WeChat pay in Shenzhen (a city in southeast China) now puts receipts on the blockchain.
Just got word that WeChat pay in Shenzhen now puts receipts on the blockchain? pic.twitter.com/ucwYsUYV2c
— CZ Binance (@cz_binance) October 25, 2019
At the same time, the specialist noted that the screenshot provides information about the operation and a link, through which the user can see information about the transaction on the blockchain.
Recall a scandal erupted between Changpeng Zhao and the WeChat team earlier. The reason for the latter was the announcement of CEO Binance about the possibility of acquiring cryptocurrency in a new exchange service using technical solutions of the payment system. Subsequently, representatives of WeChat denied the information, promising to ban any transactions related to the new financial instrument.
Users noted that amid the negative attitude of the payment system team towards cryptocurrencies, their involvement in the technology that underlies digital assets looks funny. However, some commentators believe that the organization’s use of DLT technology in no way compromises the company.
Recall, earlier it became known that the Tencent holding company, which owns WeChat, invested in a British blockchain startup.