KCN: ALIBABA LAUNCHES NEW BLOCKCHAIN SOLUTION
Greetings from China! The payments department of Chinese e-commerce giant Alibaba, Alibaba Ant, has launched a new blockchain solution called AntChain. According to data from the South China Morning Post, AntChain to help strengthen transparency and build trust in industries…
KCN GIANT CORPORATIONS MAY AFFECT THE BANKING SYSTEM
KCN GIANT CORPORATIONS MAY AFFECT THE BANKING SYSTEM The provision of financial services by corporations by giants Alibaba, Amazon, Facebook, Google, Tencent may affect the banking system. The risks are very high. Who will win? Recently BIS published an article,…
IT’S STRICTLY CRYPTO-BUSINESS, IT’S NOT PERSONAL
Alibaba Group Holding – the largest internet commerce company in China – announced that it would acquire a third of the shares of Ant Financial which is preparing for the initial public offering (IPO). The activity of Ant Financial consists,…