Startup Promising Instant Crypto Transactions to Develop Network for Chinese TV

[ChixHunter]

Silicon Valley-based startup Splend, specialized in developing solutions to address blockchain scaling issues for instant crypto transactions, announced that it is partnering with Shanghai Code Center Industry, a China-based IT company, to develop the “next generation” network infrastructure for the China Cable Television Network. It is a subsidiary of China Central Television (CCTV), the largest media company in the country, broadcasting to over one billion viewers.

"Through the adoption of Splend's cutting edge technology, we are planning to build the next network infrastructure, which will overthrow the realities of the current network, enable faster transactions and dramatically reduce costs," the company’s press release quotes Mr. Quan Laisheng, the president of Shanghai Code Center Industry Ltd.

Shanghai Code Center is also partnering with such brands as Huawei Technologies, Beijing UnionPay, National Gold Card Engineering and other big tech companies in the country.

Readmore: https://cointelegraph.com/news/startup-promising-instant-crypto-transactions-to-develop-network-for-chinese-tv