Since the founding of Alibaba, Jack Ma led Alibaba to continuously seize the internet, mobile internet, artificial intelligence, blockchain. Whether it is the internet or the recent blockchain, artificial intelligence, integrated circuits and other high-tech industries, Alibaba is always at the forefront.
Take cloud computing as an example, as early as 2008, Jack Ma proposed that Alibaba should be a “data company”. So in 2010, Alibaba officially entered the field of cloud computing, while Tencent and Baidu both believed that cloud computing was too early.
Fortune magazine’s recommendation says: Alibaba hopes to introduce funds into rural China and help rural development in a grounded way. Its Gaode map, launched this year in Henan Province, China, has launched a “Poverty Alleviation Map” function to attract visitors to remote rural towns for consumption. The map marks the available local infrastructure, helps local restaurants, gas stations and stores attract customers, and develops online retail operations and rural e-commerce.
On August 18, Jack Ma was at the headquarters of Hangzhou, Alibaba, when he met with Malaysia’s Prime Minister, Mahathir. When talking about technology, Jack said that Alibaba is focusing on three key technologies: Blockchain; Artificial intelligence and IOT Internet of Things. In the future, all powered devices will become smart devices.
Jack Ma is a legendary figure. As early as 2001, he was named one of the 100 “future leaders” in the world. He is also the founder of Alibaba. In terms of technology, Jack seems to always be a step ahead. He once said that blockchain is Not a bubble. Well to support that, Alibaba currently holds the most blockchain patents.
So, what had Alibaba accomplished in the blockchain field?
Technical patent: In 2015, Ant Financial established a blockchain group. According to the “2017 global blockchain enterprise patent list”, as of the end of 2017, China’s blockchain patent growth rate far exceeds that of the United States, leading the world. Among them, Alibaba ranked first with a total of 49 pieces. All of these patents came from the Ant Financial Technology Laboratory.
Public welfare industry: In July 2016, Alibaba announced that Ant Financial will apply blockchain technology to Alipay’s donation platform, where they later extended the blockchain technology to the application of insurance. Since 2016, Ant Financial has been working on the blockchain for public welfare and pan-public welfare (public welfare + insurance). Previously, Ant Financial cooperated with the China Social Relief Fund to raise awareness in the blockchain public welfare fundraising project on the Alipay Love Donation Platform, so that every donation can be tracked in real time.
Anti-counterfeiting traceability: In October 2017, Ant Financial launched the “BASIC” strategy to support the traceability of imported food safety and the traceability of genuine products. First was the tracking of overseas milk powder brands, 26 brands from Australia and New Zealand.
In March 2018, Alibaba officially announced that Tmall Haitao will track, upload and verify the full-link information of cross-border imported goods based on blockchain technology to prevent fraud.
Blockchain house leasing: In April 2018, Ant Xiong’an Digital Technology Co. Ltd. and Bank of China Xiong’an Branch signed a strategic cooperation agreement in Xiong’an New District. In the future, the two parties will cooperate on the Xiong’an house leasing related fields created by blockchain technology to provide relevant financial support, helping the new district to develop rapidly in the field of house leasing.
Blockchain + Cross-border Remittance: On June 25, 2018, Ant Financial announced the launch of the world’s first blockchain-based e-wallet cross-border remittance service, and completed the first remittance on site. It is understood that the first remittance was completed by Grace, a Filipino who worked in Hong Kong, China for 22 years. It took only 3 seconds, for a complicated process that used to take 10 minutes to several days. Users of the Hong Kong version of Alipay can now use their mobile phone to transfer money to the Philippine wallet Gcash using on blockchain technology. With the support of blockchain technology, cross-border remittances can now be delivered in real time like local transfers, 7×24 hours without interruption, cost saving, safe and transparent. Hong Kong Alipay and Philippine licensed e-wallet GCash will be the first to launch the service in Hong Kong and the Philippines respectively.
Blockchain BaaS platform: On August 3, 2018, Alibaba Cloud released the enterprise-level blockchain service BaaS, which supports one-click rapid deployment to realize blockchain application across enterprises and regions.
Jack Ma believes that blockchain technology is a solution to the society, the data, the people, the government, and the enterprise. If you do it in a down-to-earth manner, it will definitely bring returns. At the same time, he also believes that blockchain and internet will reconstruct the world financial system in the next 20 years. What do you think?
Share your thoughts with us in the comments below.
For news updates, Join us on telegram http://t.me/Coins300_official
You might also like
More from Editor Picks
For the first time, the electronic music festival uses blockchain technology to provide cashless payment services at Ultra Taiwan.
Taiwan is about to host the world's first music festival with blockchain technology to support cashless payments on site. At the …