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 ...

Ant Financial Unveils Blockchain-driven Eco with Application Scenarios Covering All Walks of Life

Sep 26, 2019

Ant Financial, a spin-off of Chinese e-commerce giant Alibaba and akin to Paypal in the U.S., has revealed its blockchain-driven open ecosystem and a cross-chain product ODATS (Open Data Access Trusted Service) at the Apsara Conference held by Alibaba as an annual tech and cloud ...

China Has Filed the Most Blockchain Patent Applications in H1 2019

Aug 29, 2019

Blockchain patent applications from China-based enterprises have accounted for 67% of the world’s total, with the country’s e-commerce giant Alibaba and insurance giant PingAn being the most active filers in the first half of 2019. According to a report recently released by IPR Daily (a...

Blockchain Gains Mainstream Exposure in Popular Chinese Variety Show

Mar 5, 2019

Blockchain has been attracting global attention in these years. However, the abstract concept seems to fail to introduce and demonstrate its applicability to real-world use. Even the technically savvy may have a tough time understanding what blockchain is. Regarding this, many tech-savvy indi...

Alibaba’s Tmall Platform Launches A Blockchain-based Traceablity System to Track Import Goods

Feb 22, 2019

Of late, Tmall Global, a B2C marketplace of Chinese e-commerce giant Alibaba has begun the trial operation of its blockchain powered “end-to-end blockchain traceability system” in order to achieve maximum transparency and traceability for the import goods. It was reported that the tr...