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Topic: Alibaba Uses Blockchain to Track the Goods. - page 4. (Read 1026 times)

newbie
Activity: 34
Merit: 0
November 11, 2018, 01:10:28 PM
#51
China is the most progressive (if we're not taking into account America) in cryptocurrency. And Ali baba is a huge worldwide company, which is associated with  China straightly. There is no surprising that this almost national company accept cryptocurrency.. But... I don't really understand how is it connected to tracking goods?
jr. member
Activity: 154
Merit: 1
Anyway, we have seen those kind of news in here for months, but they have never coming to an end that can give us some kind of information if alibaba is really using the bitcoin blockchain or not.

It's all mixed info- nothing new . The truth would be nice for once!
hero member
Activity: 3066
Merit: 629
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Jack Ma stated that he is a pro-blockchain but not with bitcoin.

He sees good future with this great technology so that's why it is increasing the attention for his business and it is applicable to innovate Alibaba. I don't know if he's just a secret investor of bitcoin or he really don't like it and doesn't have any interest to it.
hero member
Activity: 938
Merit: 1000
According to last publications, Jack Ma, president of Alibaba and the financial conglomerate Ant Financial, said he pays special attention to Bitcoin, the blockchain and the potential of these technologies to establish a "no-cash" society. Without focusing on Bitcoin, however, Ma emphasized that blockchain technology as a whole is a powerful innovation that could enable a society in which money is completely virtual.

Currently, the applications developed by the Ma conglomerate, such as Alipay, already dominate the economic landscape in China and allow from the purchase of coffee in sophisticated point-of-sale terminals until receiving salary.

He did not discard crypto-coins or Bitcoin as a coin and a store of value. But he is still undecided if Bitcoin brings enough value to society as a consensus currency based on blockchain technology.
The Alibaba ecosystem includes Tmall and Taobao e-commerce platforms as well as its Alipay payment medium and digital media and entertainment offerings such as the Youku video streaming platform.
newbie
Activity: 34
Merit: 0
We have seen the news here for months, but they never ended up giving us some information if Alibaba was really using blockchain bitcoin or not. It will force others to accept and innovate, or not to accept but then be left behind the innovation curve. Hopefully many ecommerce websites and even retail giants will follow. Many companies have agreed to accept or use Blockchain technology. I think most brands around the world will have their own blockcake so they have full control. This is the best example of revolution.
full member
Activity: 420
Merit: 100
September 23, 2018, 12:40:06 AM
#46
Yes, that is positive news, but in my opinion it will not be too helpful to make Crypto immediately rise higher, if Alibaba has accepted Crypto as a payment instrument for goods and services, I am sure that will help Crypto return to the green.
full member
Activity: 2128
Merit: 180
September 23, 2018, 12:39:46 AM
#45
Alibaba is the big company from china and I think that they always updated with the technology so if everybody use the blockchain system or blockchain system is new in the internet Alibaba will try to use it for their business
They really want to become active in terms of adopting new technologies, if this thing is true for sure amazon will adopt this thing also in the future. A company like this will make a big impact in cryptomarket, its hard for some companies to adopt cryptocurrency simply because their own government preventing them from using it. Time will come and we will enjoy the full function of a blockchain technology.
full member
Activity: 1470
Merit: 105
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September 23, 2018, 12:31:20 AM
#44
We have a week of positive news from China!
Alibaba introduced new e-commerce platform T-Mall, based on blockchain technology in partnership with the logistics company Cainiao.
Read more here: T-Mall Auction from Alibaba Uses Blockchain to Track the Goods
Green market soon? Wink


this is very good news for crypto's future, because with alibaba using blockchain, it can make another companies to use blockchain too and this will make crypto even stronger.
full member
Activity: 364
Merit: 100
PlayGame.com
September 23, 2018, 12:29:51 AM
#43
Alibaba is the big company from china and I think that they always updated with the technology so if everybody use the blockchain system or blockchain system is new in the internet Alibaba will try to use it for their business
jr. member
Activity: 667
Merit: 1
September 23, 2018, 12:23:32 AM
#42
this is just a common news as others as i wont expect it to cause any price increase in any cryptocurrency. this is  sign that the blockchain technology is massive and will revolutionize this world in near time. it will be incoporated into almost all human sector and daily live activities.
member
Activity: 490
Merit: 12
September 22, 2018, 11:44:12 PM
#41
Alibaba using block chain to track goods has confirmed the usefulness and effectiveness of this technology especially in chain supply this will open the door for other organizations to adopt and fully deploy this technology towards effective running of their system having proved that it is cost effective and secured.
member
Activity: 476
Merit: 13
September 22, 2018, 03:02:20 PM
#40
Alibaba is one of the leaders in the implementation of the blockchain. I think in the future they will increase their influence on the entire blockchain industry. I think that China can show good results in the implementation of blockchain.
newbie
Activity: 34
Merit: 0
September 22, 2018, 09:05:39 AM
#39
The BTC has its own blockchain technology, and Alibaba also wants its own blockchain technology, and I think in the future all of these global brands will create their own blockchain technology to control all that is going on. their company. If leading sites like Amazon start accepting bitcoin payments, this will actually change everything for bitcoin. If bitcoin is also used on these sites, it will also increase the credibility or reliability of encryption. I am waiting for a day when it will become a coercion for all companies due to demand from buyers.
member
Activity: 588
Merit: 10
If alibaba adopts blockchain technology and using it for tracking goods then it will make a revolution in the e-commerce sector. This is the best example of revolution.
newbie
Activity: 98
Merit: 0
Blockchain tech is a very innovative technology, it won't be a surprise if all companies will adopt this kind of technology. However, there's no connection to Bitcoin when Alibaba uses blockchain technology. BTC has it's own blockchain technology, and also Alibaba want its own blockchain technology too, and I think in the future all these global brands will create its own blockchain tech to have full control of what's happening on their company. And it's not a sign that the market will go green again because of this technology adoption.

With such giants it is not possible not to reckon. Perhaps they are already calculating the strategy for implementing blockchain technology. We will just wait for the news.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
We are in the very early stages of  blockchain technology and its adoption.
There may be partnerships made between well known brands and existing cryptoprojects,
but i think the vast majority of global brands will look to create their own blockchains to have full control.

If leading websites like Amazon start accepting bitcoin payments, this will really change everything for the bitcoin. These online marketplaces already have millions of customers who are active online and thus might be interested in bitcoins. If bitcoins are also used on these websites, it will also increased the reputation or credibility of crypto.

The companies who have adopted bitcoins as payment medium so far have done it only for publicity. I am waiting for a day when it will become a compulsion for all companies due to demand from the buyer.


Amazon accepting Bitcoin would greatly increase Bitcoins utility as a currency for the internet. Much more commerce would take place with Bitcoin (obviously). However, I doubt Amazon would accept Bitcoin any time soon. This is something the Bitcoin community has been waiting on for years. We have been hoping Ebay would accept Bitcoin because many years back paypal released an ad that said Bitcoin in it. But nothing ever came from that. Ebay and Amazon haven't said too much as to why they haven't accepted Bitcoin yet, or even if they ever will.
newbie
Activity: 98
Merit: 0
Alibaba is a very large marketplace. And blockchain technology has a huge potential for international e-commerce.
 I think, many other  e-commerce platforms will follow their example.

We can not disagree with you. The possibilities are so wide, and there are very progressive ideas in the field e-commerce. What makes easy-to-use tools for processing crypt payments.
member
Activity: 336
Merit: 10
Many companies have already agreed to accept or use Blockchain technology. So Alibaba has agreed to use the blockchain to track the products. I think the vast majority of the worldwide brand will have their own blockcake so that they have full control.
jr. member
Activity: 196
Merit: 1
I’ve never shopped at Alibaba, but I think it’s awesome nonetheless that it has adapted the technology. Hopefully more e-commerce sites and even retail giants will follow. There’s no stopping blockchain now, especially with all the potential benefits it could give companies.
newbie
Activity: 23
Merit: 0
It is good though that one of the biggest companies in the world is adopting the latest technology in the world. It will either force others to also adopt and innovate, or not adopt but then get left behind the innovation curve
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