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In an exciting update, Tencent has been granted a patent for their innovative blockchain-enabled vehicle management service.

In Brief

This patent allows the retrieval of information regarding a parked vehicle simply by using its license plate number, enhancing user convenience.

Chinese technology conglomerate Tencent Tencent's groundbreaking patent, titled 'Method, Device, Terminal, and Storage Medium for Blockchain-Based Vehicle Management,' took almost four years to finalize after its initial application was submitted back in November 2019.

This patent outlines a process where a vehicle management network leverages blockchain technology to obtain data about a parked vehicle, utilizing its license plate for identification. vehicle Once a vehicle is identified, the system can locate nearby service providers, send service requests to the user, and manage reservation details along with user approvals. If agreement is achieved among blockchain nodes, the booking information becomes part of the blockchain, allowing for discounts on parking to be issued to the user.

This initiative aims to streamline the decision-making process for selecting a service provider, while also enhancing the precision of service recommendations offered. vehicle Tencent has been at the forefront of innovation, creating a variety of cutting-edge products.

Among major tech firms, Tencent stands out as an early adopter of blockchain technologies.

In the previous year, they received a patent for a blockchain solution aimed at creating missing persons posters, a project also initiated in 2019. Additionally, the company has been exploring integration with payment systems. In collaboration with Huawei in 2018, they developed 'FISCO BCOS,' a coinless platform designed to facilitate the development of decentralized applications, which remains active.

Recently, Tencent unveiled an AI-driven chatbot named Hunyuan, specifically designed to help users in crafting marketing content. The company anticipates that this technology will evolve to autonomously create advertisements and manage customer interactions, transforming the sales and marketing landscape for numerous businesses. blockchain Despite facing hurdles due to US restrictions on AI chip exports to China, Tencent continues to make strides in the development and rollout of new AI technologies.

Tencent's commitment to innovation and its ongoing advancements in AI underscore their dedication to staying ahead in the rapidly changing digital environment. HunyuanAide Service that uses blockchain for vehicle management is now in the spotlight.

The company persists Please remember, the information here should not be seen as legal, financial, investment, or any professional advice. It's crucial to invest only what you can afford to lose and seek independent advice if needed. For more details, we suggest checking the terms and conditions and the support pages provided by the issuer or advertiser. MetaversePost strives for accuracy and impartiality in reporting, but market conditions can shift quickly and without warning.

Alisa, passionate about her role at Cryptocurrencylistings, covers topics like cryptocurrency, zero-knowledge proofs, investments, and the vast Web3 domain. With a sharp eye for upcoming trends, she offers in-depth analyses to keep readers informed in the dynamic field of digital finance.

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Tencent has been granted a patent for a vehicle management system that leverages blockchain technology, enhancing how we access information regarding parked vehicles by simply using their license plates. This innovative approach is set to redefine vehicle management in the digital age.

The patent allows for the retrieval of vehicle data, streamlining the process of locating services related to parked cars, all driven by a user-friendly interface that utilizes license plate recognition.

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