Messaging Giant WeChat Suspends Third-Party Blockchain App

Coindesk ------ China's most popular messaging application, WeChat, has frozen a third-party blockchain application designed to introduce the nascent technology to a wide user base. The mini-program, called Xiao Xieyi (or Mini Protocol in a literal translation), was launched on Wednesday and touted as a service that would allow users on WeChat to initiate contractual agreements, according to the Chinese business news outlet Caijing. However, the app, which is owned by Tencent, suspended the program within a day. To learn more click on the picture below to read the article.