Alibaba Archives - Page 6 of 16

China Sees New Blockchain Innovation Alliance, With Huawei and Alibaba as Members

April 14, 2020cashtechnews

Over 100 well-known global enterprises joined China’s new blockchain innovation alliance in megacity Chongqing. China has welcomed its first provincial-level Blockchain Innovation Alliance on April 14, according to ChinaNews. Major enterprises settles More than 100 well-known enterprises, both domestic and foreign, have joined the alliance. Members include Inspur, Tsinghua Unigroup, Huawei, IBM, Tencent, Alibaba and […]

Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion

April 14, 2020cashtechnews

SoftBank is expected to lose $12.5 billion driven by its investment in WeWork. SoftBank Group Corp (SFTBY), the parent company of Fortress Investment Group is expected to lose $12.5 billion for the fiscal year that ended in March, per an April 13 report from Bloomberg. WeWork — $24 billion loss It seems that Vision Fund […]

China’s 2nd-Largest Courier Using Blockchain to Deliver Key Supplies Amid Pandemic

March 30, 2020cashtechnews

SF Express, the second-largest courier services provider in China, is exploring the use of blockchain to transport critical supplies during the COVID-19 pandemic. SF Express, the second-largest courier services provider in China, is exploring the use of blockchain to transport critical supplies during the COVID-19 pandemic. On March 30, the Global Times — an English-language […]

Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC

March 24, 2020cashtechnews

The Bank of China has completed the basic function development of a digital Yuan and it has moved one step closer to launch its CBDC during a middle of global recession. As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus […]

China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance

March 18, 2020cashtechnews

China Everbright Bank, one of the world’s largest public firms, debuted a blockchain-based supply chain finance solution by Ant Financial. China Everbright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial. Ant Financial, the financial arm of […]

Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System

March 17, 2020cashtechnews

Alibaba’s import e-commerce platform embraces ant blockchain traceability system to make consumer goods transparent and trackable. Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain system on March 16, according to a Sina Finance report from March 17. Blockchain increases logistic transparency The report […]

Diving Into Three of Africa’s Emerging Fintech Economies

March 5, 2020cashtechnews

Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana. For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent […]

What Do the Richest Men in the World Think of Crypto and Blockchain?

March 1, 2020cashtechnews

Blockchain and cryptocurrencies are as disruptive as they are polarizing. Here are the opinions of the world’s richest people on the technology. For the past decade, blockchain, Bitcoin (BTC) and other cryptocurrencies have disrupted everything they have touched — including banking, hedge funds, law enforcement, health care and real estate to name a few. Blockchain […]

Blockchain Tech Could Help Tackle Coronavirus, Says Expert

February 5, 2020cashtechnews

An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. Syren Johnstone — executive director […]

Millennials Prefer Bitcoin to Alibaba, Netflix Stock as GBTC Hits $10K

January 29, 2020cashtechnews

Data from Charles Schwab makes it clear that Bitcoin is considered one of the most viable investment opportunities by the younger generation. Millennials prefer to hold Bitcoin (BTC) equity than invest in some of the world’s best-known companies, surprising new data reveals. In a report originally released in November, Charles Schwab, one of the United […]

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Tag: Alibaba

China Sees New Blockchain Innovation Alliance, With Huawei and Alibaba as Members

Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion

China’s 2nd-Largest Courier Using Blockchain to Deliver Key Supplies Amid Pandemic

China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance

Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System

Diving Into Three of Africa’s Emerging Fintech Economies

Blockchain Tech Could Help Tackle Coronavirus, Says Expert

Millennials Prefer Bitcoin to Alibaba, Netflix Stock as GBTC Hits $10K

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