Alibaba Launches Blockchain Initiative

[mellia 18]

Various Alibaba backups have started offering arrangements that administrators expectation will help organizations attempting to work together while the country fights the coronavirus – including blockchain-fueled online "contactless offering" highlights. 

Per news source Crypto Watch, Chinese money related news sources are announcing that few Alibaba organizations are associated with the new drive, including the online business monster's electronic compensation stage Alipay. 

The news sources apparently state Alipay will utilize blockchain innovation controlled arrangements in internet offering applications, empowering clients to put "contactless" offers on items and administrations. 

Other Alibaba business gatherings will likewise hope to utilize blockchain innovation in their endeavors to stop business in the nation shrieking to an end in the wake of the overwhelming coronavirus flare-up.

[ArsalMajeed 178]

Yes its. Great news that may bring a revolution in blockchain  in future. This might bring new opportunities for new comers & increase the market cap.

[tienda 8776]

This is a very and great news if really Alibaba will take the decision to launches Blockchain initiative, and think the Blockchain technology is ideal for Alibaba and any alternative Alibaba, so I think yes they will do that.

[Migo 7946]

It will be good for bitcoin, I know this site which is for shipping, but honestly I want this move to be taken from Amazon or eBay, because such famous companies will give a great push to crypto and blockchain, I mean we want from big sites to look at cryptocurrencies, not just alibaba 

[Whited35 15285]

It is one of the most loved in the crypto world I think. World's the most reputed company has eventually come into the crypto field with the newest concept and with the brand new strength as well. We can welcome this technology in the crypto world.

[Hanuman 253]

Sorry i don't kniw about alibaba blockchain.

If it will start how much it will good and how much will bad,also i can't tell that.

[Afrizal rahman 2636]

The Alibaba community seems to want to give their best and even they seem to want to use the Blokchain system. We see now that the corona virus has not stopped and many well-known exchange sites are helping with costs, even Alibaba.

[Syedbesharat 5423]

Always add the source of the topic content where you have copied the content.The alibaba is china biggest online product sellers they are not working on block chain to make china economic stable which is  effected by corona Virus .

[Jokeer 648]

We know that Alibaba is a famous and trusted online shop so if it really happens this it's quite greate which through people are more attract and join with crypto.

[jacker 1095]

I really love Ma Yun and I have watched alibaba a lot, I think alibaba is doing the right thing and having excellent technology and cryptocurrency approaches. I'm glad.

[babaji 1228]

Blockchain has a lot of benefits to offer to the world, and if Alibaba assumes it will help them in their business practices, then I would say they are progressive and proactive and is looking towards the future. We should see more of it happening in coming years. 

[bentayebsalah 2280]

It would definitely be nice for Alibaba to adopt blockchain and cryptocurrencies, but there is a problem how will you provide guarantees such as Paypal through Crypto and I think this is not an easy problem to solve

[BTC Future 3946]

China has already adopted contactless payments through mobile phones years ago. They didn't need blockchain for that as all banks in the world offer mobile apps with "tap to pay" technology. Chinese people in major cities are using their mobile phones for almost all their transactions. Cash will be obsolete in China in 2 years maximum. They just wait for their countryside to adopt electronic payments. A main reason they didn't want Bitcoin and banned it was this. They wanted to promote their banking systems instead.

[Shahud 1319]

as we know alibaba is a very vast firm and companyy.may be it has been accepted blockvhain technology to protect it from hackers or attackers.but i didn't heard it anywhere so it will be better if you provide source link in jthe description

[iloveyobit 6599]

This is great news, as well as an incentive for everyone interested in the blockchain to enter and learn everything that is going on around this field and even programmers will benefit from this news in the future.

[Opinder 1310]

Alibaba subsidiaries are launching blockchain technology to work from remote areas. They would also use blockchains for charity purpose in country. It is good news for crypto that in difficult times it could support countries.

[Dj abol 10]

They will also enjoy blockchains for assistance in the country. It is heartening news for crypto that in the troubled era it can authenticate countries, Alibaba affiliates are launching blockchain technology for labor from wooded areas. 

[khan188 536]

AliBaba is the world's most active marketing firm, with daily sale around 12 millions dollars. If the take this initiative this is a great news for crypto lowers and cryptocurrencies. 

[Rezort 846]

After some time this project has been launched I don't see that somebody actually cares about this blockchain initiative, however they might be just developing without saying anything.

[Nezar 7169]

This news is very cool and will help provide many important things if this happens The Baba Warcraft Company is a very important company, and if you accept payment using cryptocurrencies, it will be the most recent and beginning of the crypto revolution.

[Zues 1069]

On 2/17/2020 at 10:28 PM, mellia said:

Various Alibaba backups have started offering arrangements that administrators expectation will help organizations attempting to work together while the country fights the coronavirus – including blockchain-fueled online "contactless offering" highlights. 

Per news source Crypto Watch, Chinese money related news sources are announcing that few Alibaba organizations are associated with the new drive, including the online business monster's electronic compensation stage Alipay. 

The news sources apparently state Alipay will utilize blockchain innovation controlled arrangements in internet offering applications, empowering clients to put "contactless" offers on items and administrations. 

Other Alibaba business gatherings will likewise hope to utilize blockchain innovation in their endeavors to stop business in the nation shrieking to an end in the wake of the overwhelming coronavirus flare-up.

Wow this is is nice news and interesting because alibaba is now opening their arms to accept cryptocurrencies. It is gread because they can use their crypto wallets in buying in alibaba because they can now spend tjeir crypto easily. 

[CryptoMaxim 3829]

On 20.04.2020 at 22:41, Majeshi said:

This is good news and am happy for it if its a true news. Alibaba is one of the greatest companies for online marketing and it has many users. It will be a great opportunity for us if this news is true.

Everyone will be happy with this decision. It will be convenient for users to pay with cryptocurrency. And the service itself is profitable in terms of adding customers.

[Honny143 13612]

First Amazon company take the step to accept crypto and block chain, now alibaba every one knows alibaba also famous e commerce platform, now they also adopted crypto means now think how much popular is crypto, all big companies think like then crypto spread worldwide.

[pablomarwan 3082]

I saw the news recently that it is a project that has a thrilling appeal. According to the statement, SMEs and developers will be able to use a variety of tools available to create products related to supply chain financing, product source, digital invoices, and charitable donations. This can help diversify the reach of blockchain technology across different sectors. This project will strengthen their alliance as this platform is several times faster than public platforms.

[Raqeebzy 6456]

One of the Asians largest online stores adopting the famous blockchain technology is huge for the world. We hope others like Amazon, eBay will also be able to do the same.