Tencent Financial Technology plans to build a blockchain-based supply chain finance service platform, according to a report in China Daily.

“We want to build WeChain as a supply chain finance service platform based on blockchain technology,” the paper quotes Aaron Cai, general business manager of Tencent Blockchain as saying. “The platform will empower medium and small-sized enterprises, helping them to get out of the financing predicament.”

Cai added that Tencent has already partnered with Linklogis to develop the platform, enabling clients to access the service through mobile devices on the WeChat platform.