Ant Financial (formerly known as Alipay), the payment affiliate of Chinese e-commerce giant Alibaba, has updated its cross-border remittance processes. On Jan 8, Tariq Bajwa, governor of State Bank of Pakistan announced the launch of the country’s first blockchain-based international...
Cheng Li, CTO of Ant Financial offered a public enunciation of the company’s technological strategy “BASIC” for the first time at the Computing Conference 2017 on October 11. The acronym BASIC represents for Blockchain, Artificial Intelligence, Security, Internet ...
At a time when a new report deemed blockchain as likely to reinforce a structure for cash securities in large and complex but mostly domestic markets such as Japan and China, the parent company of China’s largest online payment service, Jack Ma's Ant Financial, has expressed interest in exp...
Alipay closed its’ first blockchain-based charity project with China Red Cross Foundation (CRCF) to aid aplastic anemia children in China. The funding was initiated on 11th Dec and finished on 27th Dec, raising 180,000.56 RMB (~26,000 USD) from 37,968 donors. The money wil...
Starting from 1st December 2016, 7.8 billion bank accounts will be impacted by China’s new regulation, a great setback for the biggest internet payment processor in China, Alipay. The regulation policy was distributed by People's Bank of China as an "urgent" document on 25th November as ...
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