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Topic: Alibaba cooperates with new blockchain platform, Is this project worth following - page 3. (Read 1968 times)

newbie
Activity: 10
Merit: 0
Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast
Yeah, because of those reasons it really hard to be applied in the community Even though I strongly agree with cryptocurrency rather than digital money
sure and also they do make progress. i just heard that The chart of people who are using cryptocurrency shows the leap counted almost 20 million within the period between 2016 and 2019. let them take their times. .
newbie
Activity: 17
Merit: 0
Credits will demonstrate why its a good solution to some tasks!
Nowdays this time we could call it finding your target audience, the Credits community has grown strongly in recent months Asians are the base naturally good things will come from here, Alibaba is a fair tribute
Maybe later on other companies will also be interested in CS after the partnership announcement with Alibaba
But for this to happen they need to see the results of this partnership first
newbie
Activity: 7
Merit: 0
Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast
Yeah, because of those reasons it really hard to be applied in the community Even though I strongly agree with cryptocurrency rather than digital money
newbie
Activity: 7
Merit: 0
Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast
newbie
Activity: 3
Merit: 0
Credits will demonstrate why its a good solution to some tasks!
Nowdays this time we could call it finding your target audience, the Credits community has grown strongly in recent months Asians are the base naturally good things will come from here, Alibaba is a fair tribute
Maybe later on other companies will also be interested in CS after the partnership announcement with Alibaba
newbie
Activity: 3
Merit: 0
Credits will demonstrate why its a good solution to some tasks!
Nowdays this time we could call it finding your target audience, the Credits community has grown strongly in recent months Asians are the base naturally good things will come from here, Alibaba is a fair tribute
newbie
Activity: 2
Merit: 0
Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
All things could happen. the problem is, many of people seems like still blind about cryptocurrency. But nowadays its pretty easy to gain new info right?
and i think, cryptocurrency will be a vital thing in the future
newbie
Activity: 17
Merit: 0
I’m turning my eyes towards staking alts since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining, 2020- stake ?
Staking is also not that simple as it looks like you need to invest in the coins itself as each and every coin has there bare minimum balance required to start staking
newbie
Activity: 4
Merit: 0
I’m turning my eyes towards staking alts since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining, 2020- stake ?
newbie
Activity: 5
Merit: 0
Makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are hard to ignore for our central banks and governments worldwide
One of the main benefits of using blockchain technology especially in Government entities is that it could drastically reduce the operating costs needed for a particular process to function if compared to using traditional methods
This could absolutely boost a nation's economy but I doubt it will be in massive terms but at least its already a huge advantage for early adopters
newbie
Activity: 3
Merit: 0
Makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are hard to ignore for our central banks and governments worldwide
One of the main benefits of using blockchain technology especially in Government entities is that it could drastically reduce the operating costs needed for a particular process to function if compared to using traditional methods
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
For me, it is worth it to follow this project for sure it has an impact on the crypto community either it will fail or not. It will spread awareness to the public about blockchain technology, China has already declared that they are tokenizing their own national currency ahead of the US no doubt that is why some companies are making this kind of move and adoption.

Thread about china tokenizing their own national currency: https://bitcointalksearch.org/topic/m.52580995

Ali is already a multi-billion dollar company alone. integrating blockchain tech will save them a lot in operations. maybe the reason why they are significantly considering this tech to be integrated in their system.
and as for me, this is worth to follow as compared to other sh*t projects out there. here you know, there is real company and not only ordinary one, but a huge one!
full member
Activity: 1176
Merit: 162
For me, it is worth it to follow this project for sure it has an impact on the crypto community either it will fail or not. It will spread awareness to the public about blockchain technology, China has already declared that they are tokenizing their own national currency ahead of the US no doubt that is why some companies are making this kind of move and adoption.

Thread about china tokenizing their own national currency: https://bitcointalksearch.org/topic/m.52580995
hero member
Activity: 1372
Merit: 503
Alibaba would like to expand their wings and this is not shocking not only them are started to look up on blockchain tech but also other bigger player such as PayPal, IBM and many huge services company. Blockchain really is advancing as modern company now tend to follow thru the same path. This is a nice partnership though and credits starting to gain traction on market.
member
Activity: 812
Merit: 11
Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.

Partnering with a blockchain company does not mean that Alibaba will launch its own coins or tokens because Alibaba could only want to use Blockchain technology to secure its data. Alibaba is a business entity in China and I don't think they will carelessly issue their own cryptocurrency
newbie
Activity: 12
Merit: 0
Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.
no system safe, but with blockchain credits and alibaba cloud it will be a good combination
all data privacy police, delivery system all integrated are safe with credits
full member
Activity: 518
Merit: 102
Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.
newbie
Activity: 5
Merit: 0
i want to know what they will look like in the future after partnering with alibaba, maybe 2020 will be the year of credits? I think the steps that credits made in the development of the system are better now
and the effect on industry in China is that cryptocurrencies can be better known by the people and add new users and even new partnerships
partnering with Alibaba is the big move from credits i think. it'll affect the industry especially in logistics, and i'm pretty sure that 2020 will be the shining year for credits by seeing their plan and project for next year
newbie
Activity: 8
Merit: 0
Seems to me that credits works without days off and sleep
The platform is developing at a high pace, but it is very difficult to get a result in the price in the market now moving away from the bearish trend but the future is interesting
i think the credit market this year has been the best since they started
i also hope that in the future they are still on work to improve their performance, and i think if they continue like this they will be able to touch the international market in the near future.
yeah we hope so, all the things we should do now is to support the credits. no matter what, as time goes down credits will be able to reach the peak.
They deserve the best place bruh
newbie
Activity: 4
Merit: 0
I just saw their official announcement here https://www.alibabacloud.com/blog/new-solution-for-third-party-logistics_595584 and https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585

The important point that I got is the business model being employed under the 3PL approach includes the use of low-cost and versatile frequency sensors that would be installed inside Shipping Containers to monitor their movements and status via the immutable Credits blockchain database.

And the use of the Smart Payment Service based on the combined Alibaba Cloud and Credits blockchain platforms is a solution that is currently being implemented by the companies in the Chinese market. The Credits blockchain provides secure transactions between the parties to the delivery process and logistics providers, such as DHL.

What do you think about this guys? Will it have a positive effect on the Chinese government regarding cryptocurrencies and blockchain technology? Or even have a big impact on other crypto communities?
I've read the news about this, this is the best news I read in 2019 about cryptocurrencies. Alibaba is a big company in China, Alibaba Founder "Jack Ma" is an influential person in the world, this is great for the cryptocurrency ecosystem especially "Credits".
I think that Alibaba has recognized the importance of blockchain which may be why they have started cooperating blockchain platform in their business model
not so many blockchain company is playing in the logistic transaction. alibaba knows the potential of that field and credits is trying to provide a very scalable blockchain. I believe if this cooperation will go very smooth and we will see more coopeartion with blockchain platform to be implemented into the various ways or service.
The hope is that with the introduction of the blockchain through alibaba there will be lay people who continue to learn about the blockchain and surely that learning will lead to the crypto world as well. In the end, they will try to invest in crypto itself.
I think the more people learn about cryptocurrencies, the more cryptocurrencies will appear
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