Blockchain’s First Appearance in Alibaba’s ‘Double 11’: Tracing for 150 Million Overseas Commodities

Nov 6, 2018

As the e-commerce giant Alibaba held the first Double 11 Shopping Festival on Taobao.com in 2009, November 11th has become a special shopping day in China. Last year, Alibaba has earned $25 billion in 24 hours. This time, the firm is aiming to create greater glory with the help of block...

Alibaba’s Jack Ma Wrote “Use Blockchain for Manufacturing Industry Revolution” in His Last Letter to Shareholders

Oct 31, 2018

October 30, Jack Ma, the chairman of E-commerce giant Alibaba and China’s leading digital payments platform Ant Financial has issued an open letter to Alibaba’s shareholders, saying that blockchain and other advanced technologies are the keys in manufacturing industry revolution. It...

China’s Alibaba Cloud Takes Its BaaS to Global Markets

Oct 26, 2018

October 24, China’s e-commerce giant Alibaba has extended its cloud BaaS (blockchain-as-a-service) product to broader international markets. The BaaS service was initially launched in China by Alibaba’s computing arm Alibaba Cloud in August 2018. This time, the firm is offering their...

Alibaba’s Jack Ma Pays “Special Attention” Towards Bitcoin and Blockchain for A Cashless Society

Oct 10, 2018

Jack Ma, the chairman of E-commerce giant Alibaba and China’s leading digital payments platform Ant Financial has demonstrated his interest in Bitcoin and blockchain technology as well as the potential of establishing a cashless society. Although Ma used to hold a doubtful attitude tow...

Alibaba Officially Launches its Damo Academy, Lays Out 5 Research Areas and 14 Laboratories

Sep 29, 2018

September 28, the Chinese e-commerce giant Alibaba launches the official website of its R&D arm Damo Academy. Since then, the 5 research areas and 14 laboratories of Alibaba Damo Academy have exposed to the public. According to the official website, there are three laboratories u...

From US To China, Starbuck Confirms Plans To Accept Bitcoin

Aug 4, 2018

Barely a day after it confirmed a deal with Alibaba to expand delivery services throughout China, Starbucks has yet announced it is working with Microsoft and a leading global exchange on a new digital platform that will allow consumers to use bitcoin and other cryptocurrencies at its stores wo...

Alibaba Tops 2017 Global Blockchain Patents Ranking, Guess Who’s The Runner-Up

Feb 8, 2018

In the 2017 Global Enterprise's Blockchain Patent Ranking (Top 100) recently co-released by IPRdaily (a new media committed to creating the world's most influential intellectual property cooperation platform) & incoPat (a patent database collecting more than 100 million pieces of pate...

Guangzhou Works with Alibaba Health and IBM to Promote the Blockchain Technology

Aug 1, 2017

With the support of the Huangpu district government, Guangzhou Blockchain Industry Association was launched on July 28. As the first blockchain association in Guangzhou, it aims to help Guangzhou go digital by promoting cooperation among blockchain startups in this area. “The foundi...

Why Alibaba Could Embrace Bitcoin Ahead of Amazon, Google, Others

Jun 29, 2017

Speculation from a recent public poll conducted via Twitter shows that top Chinese e-commerce company, Alibaba, is likely to be the next global giant to accept Bitcoin. 52 percent of 4,500 participants in the survey put together by the owner of Digital Currency Group, Barry Silbert, ar...

In All, Remember Why Bitcoin Is Gaining Long-Term Value

Apr 24, 2017

Despite the differences, and arguments, as well as the dips and highs, the price of one Bitcoin has not remain the same since last year. It has more than doubled and keeps rising, albeit slowly, as it corrects. As a result, more people in several sectors have been monitoring progress in the Bit...