Alibaba Launches Blockchain Initiative

[Ridam 7455]

It's great news for innovation with Blockchain. Blockchain is still underrated and people are unaware about such great technology. If Alibaba starts integration with Blockchain iy will be example of innovation and other companies like Amazon may also dive into that. Hope we will get fully Decentralized ecosystem in most area in coming days 😊.

[Husnyjaf 1784]

Alibaba is a big business organisation if am not mistaken in China, owned by the richest man in China Jack ma. He is the CEO of the organisation. This is another development to the cryptocurrency world.

[bogdanoff 3173]

There are many big companies like Amazon Walmart and even Alibaba that see the potential of blockchain technology. But this is private blockchains not accessible for the public. They are technology used for cargo and shipping management. I think it helps in a way but not as much to make it big news.

[Zeshan Khalid 2577]

That's a great and noble initiative of world's leading online shopping site during such a difficult time when world in facing  pandemic. It also reveals ethically important side if crypto currency

[Sykkuno 2887]

Alibaba is a giant Chinese corporation and the use of blockchain in their systems proves how important the Bitcoin technology is for the world, and indirectly makes a great advertisement for Bitcoin as it is the best digital currency and has to show a lot more as an investment asset for many more years.

[its.cryptologic 163]

I could see this working because Alibaba provide an escrow service, so no matter the payment method they should be able to control whether a refund is needed or not. 

[percare 3192]

The use of blockchain from Alibaba means this technology is considered a big deal by many big companies and gives also a better name to Bitcoin that created it and to other cryptocurrencies that use this. It is important and always makes a best marketing for Bitcoin.

[Mella 3680]

I am find the alibabe to be one of the best companies and largest world wide so it is always a great news when they are adopt the blockchain technology and I am just hope that china will allow the Bitcoin again and give the alibaba the option to pay with Bitcoin also.

[Fixfin 2569]

I have heard of many enterprises adding blockchain systems in their networks and they obviously see the advantages of this technology in reducing their costs  and increasing efficiency and profitability. This is always doing good for Bitcoin as blockchain is the underlying technology behind Bitcoin and Satoshi was the founder of both.

[yonkii 3205]

It is something of huge importance to have a technology that was created by Bitcoin being used by the biggest corporations and institutions worldwide. It makes us think better that we are invested in something that is not only well known and popular but has also helped so much with the advance of all commerce and even economies.

[Onden 2098]

I don't think the blockchain that Alibaba is going to build is fully used, because we know that a centralized currency doesn't benefit crypto traders, it will only be complementary and in my opinion it won't affect the cryptocurrency world much.

[Cryptomint 433]

This is a good news and not even this many online stores will come to this and accept everything. And soon the cryptocurrencies will take over the world.

[AL SHAIMON 1293]

I hear a news that Alibaba e-commerce company will accept bitcoin payment in future. I hope this will become true. If it become true we can use our coins to shop from Alibaba. They are now already trying to use blockchain. 

[sinseoul 0]

It is a really good thing that Alibaba is adopting blockchain and soon they will be accepting payment with cryptocurrency. You know, just like Paypal is now accepting cryptocurrency and it would really affect the prices of cryptocurrency.

[teebasas 3018]

This is excellent news, and it can act as a motivation for those interested in blockchain technology to get involved and learn what there is to know about it. Even programmers will benefit from this news in the future.

[piuri01 446]

Hello my brother, this news is excellent, thank you for sharing it, it seems to me that many people who know about technology will be able to benefit from this, and there will be people who are going to be interested in blockchain technology.