- WeChat social app has suspended a third-party Blockchain application – Xiao Xieyi.
- The suspension was due to due to a violation of the service.
China: Yesterday 9th May a local news channel, Caijing, reported that the Chinese social media, messaging, and payment app created by Tencent, WeChat, has suspended Xiao Xieyi, a third-party blockchain app that initiates contract agreements by app users.
The application, Xiao Xieyi, which was launched on Wednesday, is a mini-program that offers WeChat users the service to create contract agreements and a unique social media ID using blockchain technology, ensuring that the content and users’ identities are authentic and reliable. According to Caijing, Xiao Xieyi would enable WeChat users to record and encrypt Ethereum network-based agreements for a fee. However, Xiao Xieyi was suspended less than a day after its launch. The app stated:
“Xiao Xieyi has been suspended due to a violation of the service. We apologize, the content of the program has been suspended due to the fact that the content is not authorized on the platform.”
Ma Huateng, Tencent CEO, stated in last March that the number of WeChat active users have exceeded 1 billion per month worldwide, this makes the messaging app the fifth largest social media network worldwide. However, the majority of users are Chinese.
Cryptona.co has earlier reported that David Marcus, who is currently heading Facebook Messenger, has announced that he is quitting his role and “…setting up a small group to explore how to best leverage Blockchain across Facebook, starting from scratch.”