Alibaba

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

China Ever­bright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting…

Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System

Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain…

Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China

Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private…

Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official

The head of the People's Bank of China's (PBOC) digital currency research subsidiary, Changchun Mu, said China's cryptocurrency will not…

Alibaba Patents Would Secure, Accelerate Its Consortium Blockchain

Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster.  One…

Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report

Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film "Striding into the Wind,”…

China’s Zhejiang Processes $6M via DLT Medical Billing Platform

China’s Zhejiang province has processed nearly $6 million via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese…

Alibaba Denies ‘Partnership’ With Lolli, Highlighting Crypto Industry Pitfalls

On Monday, CoinDesk reported the shopping app Lolli was offering bitcoin rewards to U.S.-based Alibaba shoppers for Singles Day. Alibaba…

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