Alibaba’s Blockchain Subsidiary to Issue Tickets for the 2022 Asian Games in Hangzhou

Oct 19, 2020

After numerous pilot projects taking place across the country testing out the burgeoning new technology, the city of Hangzhou has announced a real blockchain-based application. According to a report from China News, the 2022 Asian Games set to take place in Hangzhou will have tickets that wi...

Alibaba’s Subsidiary AntChain Takes the Lead in Formulating New Cross-Chain Standard

Aug 13, 2020

Parallel to the massive government-led initiative to boost blockchain development in the country, Chinese private companies are also taking the lead when it comes to blockchain. The latest significant progress in this regard comes from Ant Group, a subsidiary of Alibaba. According to a repo...

Ant Financial Set up X Plan to Absorb Blockchain Talents from All over the World

Jul 10, 2020

Alibaba-affiliated fintech giant Ant Financial has recently set up an X plan to expand its talent pool in blockchain. The plan is intended to grow its reserve of blockchain talents for the next 20 years by cooperating with colleges and universities all over the world. It is learned t...

Alibaba and Ant Financial to Build Blockchain For Container Line Giant Cosco

Jul 9, 2020

The global shipping industry is set to see a massive, top-to-bottom digital transformation thanks in large to the latest partnerships established in the ecosystem. According to reports from the Wall Street Journal, China’s state-run container line Cosco Shipping Holdings has signed a partn...

China’s Alibaba Holds the Largest Number of Blockchain Patents in the World

Jul 2, 2020

With new cases of blockchain use emerging almost every day around the world, we are yet to see how blockchain technology will be changing our daily life. While large corporations have been stepping efforts to build their blockchain IP portfolios. Among them, China’s e-commerce giant Aliba...

China Dominates 2019 Global Blockchain Patent Applications

Apr 25, 2020

China took the lead in blockchain-based patent applications in 2019, according to a joint report from Chinese outlet IPR Daily and global patent database IncoPat. The report revealed that China has managed to secure seven of the top ten spots—including the first, second, and third—in the...

China’s Fintech Giant Ant Financial Launches Consortium Blockchain Platform for SMEs and Developers

Apr 17, 2020

Ant Financial, a spin-off of Chinese e-commerce giant Alipay and akin to PayPal in the U.S., has launched a consortium blockchain platform which enables developers and small and micro enterprises (SMEs) to utilize innovative blockchain tools with higher efficiency and lower cost. At t...

Alibaba Outlines 10 Tech Trends for 2020: Large-scale Production-Grade Blockchain Applications Will Gain Mass Adoption

Jan 2, 2020

Alibaba DAMO Academy, the e-commerce giant’s $15 billion global research institution, published its prediction of 10 key trends that will hit their stride in the new year on Thursday Jan. 2. From AI, chip and cloud computing to blockchain and quantum computing, DAMO (whose initi...

Alibaba’s Ant Financial Eyes Singapore Virtual Bank License

Nov 21, 2019

Alibaba Group’s Ant Financial, the Chinese online payment firm formerly known as Alipay said it may apply for a digital banking license in Singapore, a move that would add a heavyweight contender to the race of digital bank in Southeast Asia. The Monetary Authority of Singapore said...

Alibaba Leverage Blockchain in Tracing Over 400 Million Cross-Border Goods during Its 2019 Shopping Blitz

Nov 12, 2019

Chinese retail juggernaut Alibaba has leveraged blockchain technology in tracing more than 400 million cross-border commodities in this year’s Double 11 Shopping Festival. "In the future, blockchain will transform life and business, just like mobile payment, and become the infrastructure of ...