Alibaba Cloud Launches A Global Blockchain Service 

The cloud computing part of China’s largest online retailer Alibaba has announced that they have expanded their blockchain as a service (BaaS) beyond their domestic borders. Alibaba’s statement disclosed that BaaS would be offered to major global markets including South East Asia, The U.S. and Europe. Alibaba Cloud’s blockchain service provides an enterprise-level platform service … Continue reading Alibaba Cloud Launches A Global Blockchain Service 

2 Giants: Alibaba and IBM Lead the Way for New Blockchain Patents

Alibaba and IBM Lead the Way for New Blockchain Patents

Industry heavyweights in both China and the United States are topping the charts of blockchain-related patent applications, according to the research by iPR Daily, a media channel, focusing on intellectual property. The report claims that Chinese retail and internet giant Alibaba barely edges US tech titan IBM, with 90 and 89 patent applications on distributed … Continue reading 2 Giants: Alibaba and IBM Lead the Way for New Blockchain Patents

Alibaba Payment Affiliate Successfully Trials Blockchain Remittance Service

Alibaba Payment Affiliate Successfully Trials Blockchain Remittance Service

Ant Finance, a payment branch of the e-commerce and retail giant Alibaba, has launched a blockchain-based money remittance service. Ant Finance is the parent company of the world’s largest online payments platform Alipay, which could hugely benefit from further integration of distributed ledger technology to its operations. The new service trials were announced at a … Continue reading Alibaba Payment Affiliate Successfully Trials Blockchain Remittance Service

Alibaba’s Jack Ma Says Bitcoin is a Bubble but Blockchain is not

Alibaba’s Jack Ma Says Bitcoin is a Bubble but Blockchain is not

Jack Ma, who happens to be the richest man in Asia by virtue of co-founding and leading the e-commerce giant Alibaba, seems to be a fan of distributed ledger technology but does not rate digital currencies at all. The executive chairman of the Alibaba Group believes there is a bubble forming in the most popular … Continue reading Alibaba’s Jack Ma Says Bitcoin is a Bubble but Blockchain is not