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Topic: Alibaba Uses Blockchain to Track the Goods. - page 5. (Read 1026 times)

member
Activity: 122
Merit: 10
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.
full member
Activity: 564
Merit: 100
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


Blockchain technology is truly a core technology for future growth. The application of this technology to all areas of life is possible. But this development is not related to the digital currency, the market will not be green.
newbie
Activity: 130
Merit: 0
it has been confirmed with the cooperation done by Justin Sun from the TRON (TRX) who worked with Jack Ma.

just look at Volume Tron in Binance, Bittrex and Huobi always full of Bitcoin and this will be a green market.
copper member
Activity: 588
Merit: 17
Here is fresh update on How Alibaba is championing the application of blockchain technology in China and beyond – Mon May 28

“We should be cautious about bitcoin. Its underlying technology, however, is really powerful. I pay more attention to a cashless society and the blockchain technology. And I am not shameful that I don’t know about bitcoin.”
Jack Ma
thanks for an update, maybe jack ma don't know about bitcoin, but the adviser will telling for this chance

No doubts. The most known of them is Justin Sun who created Tron, the top 10 CMC and Odyssey, another perspective token.
By the way Tron plans to run its own blockchain in June and migrate all TRX from ERC20.
newbie
Activity: 112
Merit: 0
Here is fresh update on How Alibaba is championing the application of blockchain technology in China and beyond – Mon May 28

“We should be cautious about bitcoin. Its underlying technology, however, is really powerful. I pay more attention to a cashless society and the blockchain technology. And I am not shameful that I don’t know about bitcoin.”
Jack Ma
thanks for an update, maybe jack ma don't know about bitcoin, but the adviser will telling for this chance
member
Activity: 266
Merit: 12
It's a good thing that Alibaba is making use of this new technology blockchain and hopefully many huge companies might follow their footsteps and want to make use of it too. Though, bitcoin and blockchain is totally different thing and concept, I guess probably by using blockchain they might want to one day consider implementing the use of bitcoin itself. 
copper member
Activity: 588
Merit: 17
Here is fresh update on How Alibaba is championing the application of blockchain technology in China and beyond – Mon May 28

“We should be cautious about bitcoin. Its underlying technology, however, is really powerful. I pay more attention to a cashless society and the blockchain technology. And I am not shameful that I don’t know about bitcoin.”
Jack Ma
member
Activity: 756
Merit: 12
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


On that news, I dont see correlated with cryptocurrency market. Blockchain is technology and not only bitcoin, I think blockchain usefull for any purpose like shipping or even election. Thats my opinion on that news
member
Activity: 238
Merit: 15
Jack Ma is chinese Steve Jobs)))Because Alibaba always the first to introduce advanced technologies in China!
member
Activity: 350
Merit: 10
some Chinese newspaper already stated Ali baba is going to tie up with Tron Neo and IOTA for blockchain services Ali Baba is positive towards adopting to blockchain technology
While ultimately positive and bullish news - it has little to do with bitcoin.
They will simply use blockchain technology. I don't think that private blockchain or some altcoin is related to BTC all that much.
It's great that they are developing new tech, but I would be more interested when Alibaba would simply accept BTC as a payment method.
already that such large companies, as alibaba implement technology blockchain said that they are looking to the side bitcoin. I am sure that after more and more companies will get acquainted with technology blockchain they will take bitcoin as a means of payment for the goods and services.
newbie
Activity: 84
Merit: 0
Whoa thats a good news coming from one the biggest chinese e-commerce. This big step might also consider other big companies out there to adapt and use blockchain technology on companies. Im really hoping that someday blockchain technology will use worldwide. Jack Ma is trusting how this this blockchain technology works, a great businessman indeed.
jr. member
Activity: 84
Merit: 4
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.
member
Activity: 350
Merit: 30
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.
full member
Activity: 630
Merit: 130
some Chinese newspaper already stated Ali baba is going to tie up with Tron Neo and IOTA for blockchain services Ali Baba is positive towards adopting to blockchain technology
While ultimately positive and bullish news - it has little to do with bitcoin.
They will simply use blockchain technology. I don't think that private blockchain or some altcoin is related to BTC all that much.
It's great that they are developing new tech, but I would be more interested when Alibaba would simply accept BTC as a payment method.

I totally agree. Though I am a fan of every coin created that makes technology easier, I would still prefer the use of bitcoin.
Alternative coins won't help much in making bitcoin as mainstream and though we need different support to block chain technology, bitcoin exchanges are wider since it is the medium of virtual currencies. It's easier to use as of now. And may remain superior because of its general use.
sr. member
Activity: 630
Merit: 267
Just follow the rules
Jack Ma is getting the latest technology on his business. Hoping for a great era of blockchain on this new type of tracking.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
I believe that alibaba realizes the advantage of using blockchain technology in making transactions faster. I hope that in the near future, alibaba would also accept cryptocurrencies as payment for their good and services.
hero member
Activity: 980
Merit: 509
It's good news for blockchain, alibaba the biggest company use blockchain for track the goods. Technology I believe will use in big company.
After alibaba use blockchain for their business, I sure other company will use blockchain also. Technology behind blockchain will help the company run their business more efficient. We hope blockchain will many company used it and technology inside will grow fast.
brand new
Activity: 0
Merit: 0
The blockchain is not a cryptocurrency. Cryptocurrencies are based solely on blockchain, which is different. And, in China, they do not support cryptocurrencies, but they are mostly positive about the blockchain. They do not prohibit bitcoin, just do not encourage people to participate.
newbie
Activity: 59
Merit: 0
some Chinese newspaper already stated Ali baba is going to tie up with Tron Neo and IOTA for blockchain services Ali Baba is positive towards adopting to blockchain technology
While ultimately positive and bullish news - it has little to do with bitcoin.
They will simply use blockchain technology. I don't think that private blockchain or some altcoin is related to BTC all that much.
It's great that they are developing new tech, but I would be more interested when Alibaba would simply accept BTC as a payment method.
Alibaba's current situation, I think it is difficult for them to accept bitcoin as a payment method, because they are based in China, China temporarily will not allow such a large enterprise companies to accept what they do not support in advance as a means of payment.
copper member
Activity: 588
Merit: 17
So what we had heard from China about bitcoin ban was false. Or they might be right and this news might not be real. Which one is correct?

"China bans Bitcoin" for me sounds absolutely equal to "Saudi Arabia bans petroleum extraction" and "Ruassia bans gas production" Grin
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