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Tag Archives: alipay

Payment Giant Alipay Undertakes Crucial Work for China’s CBDC

Mar 24, 2020

Vincent He

Chinese payment giant Alipay has published 5 patents related to CBDC (central bank digital currency) from February 21 to March 17. Alipay, a third-party payment company, will undertake four crucial functions of China’s CBDC. Assuming the function of delivery and transaction bookke...

Binance Dips its Toes Back into China by Testing Alipay

Oct 12, 2019

Vincent He

Binance’s Changpeng Zhao publicly confirmed on Twitter that  the exchange accepts fiat through Alipay and WeChat , and stressed it in an official statement. This is obviously too careless for Zhao to announce the issue that triggered Alipay’s ban on all crypto-related transactions. ...

Alipay Empowers Pakistan’s First Blockchain Remittances

Jan 10, 2019

ChloeJiang

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...

Alipay’s first blockchain-based charity project with CRCF

Jan 5, 2017

Red Li

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...