Blockchain Daily Digest – October 31st, 2019

1. Tencent Gets Green Light for Blockchain-Enabled Invoice Standard
   Chinese internet giant Tencent has been given the go-ahead by China’s State of Administration of Taxation to generate a draft for a blockchain-powered invoice standard.
   
   
2. tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK
   In a press release by Businesswire on Oct. 30, tZERO announced that it has collaborated with Alliance Investments for the sole aim of tokenizing River Plaza worth around $25 million.
   
   
3. Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
   Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange. 
   
   
4. Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
   Digital asset lending firm, Genesis Capital has reported significant and sustained growth in its Q3 report which highlights a growing demand for cash and a stablecoin lending.
   
   
5. China Creates New Regulatory Authority for Blockchain Products and Digital Payments
   October 2019 has seen change come to China regarding blockchain, technology innovation and future plans in the Chinese financial system. 

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