Alibaba creating own blockchain
The winners of the Bilibili lucky draw can make and sell physical products based on their pigeon image, and create digital works for non-commercial purposes. Video platform Bilibili is the latest Chinese tech firm to jump on the non-fungible token NFT bandwagon, launching its own set of digital collectibles, following in the footsteps of Alibaba Group Holding and Tencent Holdings. The draw is open to Bilibili users aged 14 and above who are level-6 users, the highest engagement level on the platform. They must also have been active on the site on a daily basis throughout
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Content:
- What Airbnb, Uber, and Alibaba Have in Common
- Alibaba doubling down on crypto as China continues to ban it
- Alibaba Pushed by China to Design Its Own Chips to Promote Self-Reliance, Fuelling Global Unease
- Alibaba unveils new custom server chips
- Groups Target Alibaba ECS Instances for Cryptojacking
- How Alibaba Uses Blockchain to Compete in the Cloud
- China’s Central Bank Works with Ant, Tencent to Develop Digital Currency
- Hype man of the century
- Jack Ma's Alibaba has launched a blockchain-based payment service
- How Walmart, Alibaba, and Others are Shaking Up Retail With Blockchain
What Airbnb, Uber, and Alibaba Have in Common
BaaS provides secure, stable, easy-to-use, and open blockchain cloud services to build an Internet featuring mutual trust and efficient collaboration. Blockchain as a Service BaaS is an enterprise-level platform service based on leading blockchain technologies.
This service helps you build a secure and stable blockchain environment, save the costs of operations and maintenance, and facilitate business development. The Alibaba Cloud blockchain service is the product with the largest number of primary patents. In addition to a wide variety of security strategies and multi-tenant isolation of Alibaba Cloud, BaaS also provides advanced security protection using chip encryption technologies.
Based on highly reliable data storage, this service provides end-to-end and highly available services that can scale up quickly without interruption. Provides enhanced administrative functions to help you build an enterprise-ready blockchain network environment with ease, so that you can focus on business innovation. Native support for standard blockchain applications and data. This service supports mainstream open-source blockchain technologies, such as Hyperledger Fabric, to build an open and inclusive technology ecosystem.
This service supports a transparent transaction history that is tamper-resistant. The transaction history is shared and acknowledged by multiple participants. This service supports querying and auditing by consumers and regulatory authorities. There is an information gap between the consumer and the manufacturers. Alibaba Cloud BaaS can provide key enterprises with Blockchain solutions to build an industry platform and improve supply chain management.
This service integrates transaction records, logistics and capital flow to build a generally accepted, tamper-proof platform. Alibaba Cloud BaaS shares the credit of key enterprises without exposing confidential information. This service aims to benefit all parties in the supply chain. Secure data storage and data sharing has been a key topic in sharing economy.
Issues such as data ownership protection, privacy protection, and storage of large amounts of data have not been addressed effectively. Alibaba Cloud BaaS makes full use of Blockchain to chain data "fingerprints" to the source data. This service allows secure storage of large amounts of data using SideOB and related technologies.
Alibaba Cloud BaaS provides users with a value-exchanging feature through blockchain, and addresses key issues in data circulation, such as recordation, data traceability, and anti-tampering. This service allows a new method of transaction based on smart contracts. A comprehensive suite of global cloud computing services to power your business. Alibaba Cloud Products Blockchain as a Service Blockchain as a Service BaaS provides secure, stable, easy-to-use, and open blockchain cloud services to build an Internet featuring mutual trust and efficient collaboration.
Simplifies Blockchain Development Blockchain as a Service BaaS is an enterprise-level platform service based on leading blockchain technologies. BaaS provides out-of-the-box services. Supports cryptographic algorithms recommended by China's authorities and SGX security protection.
Creates a multi-dimensional blockchain security system. Supports RAM users and sub-accounts and enterprise-ready management and monitoring. Features Quick Deployment Supports quick deployment of blockchains for enterprises without concerns of complex configuration. Consortium Management Allows you to create consortia, invite and approve the participant that is involved in the business to join the consortium, and manage the business. Organization Management Allows you to easily manage the enterprises that are in the business consortium, manage the users in the organization, and grant business application access to the blockchain service.
Chaincode Management Allows you to manage the smart contracts chaincode in the organization and the business, including the period of overwriting installation, creating instances, and updating. Security Service Provides CA certificate service. Permission Management Provides a graphical management of organizations and users. Monitoring Supports blockchain browsers and connections to CloudMonitor to monitor the blockchain state in real time and give automatic alerts.
Issues Resolved Lack of Information Transparency -The information back from the consumer to the very beginning of the supply chain is not transparent and cannot be traced back to the source. Data Tampering - Supply chain data is prone to the risks of counterfeiting and tampering. Difficult to Trace and Recall -When a product quality or safety issue occurs, it is difficult to trace the product or locate the responsible party. Supply Chain Finance Improves supply chain management and benefits the whole supply chain.
Inefficient Funding - Supply chain information cannot be shared safely, leading to low funding efficiency. Long Settlement Period - Accounts in conventional commerce funding cannot be split, leading to poor information circulation and long settlement period. Data Assets Sharing Alibaba Cloud BaaS protects user privacy and promotes scientific researches and accurate medical services to make data more valuable.
Difficult to Protect Privacy -The outflow path of data is untraceable, which may contain security and privacy breach risks. Processing of Large Amounts of Data -The amount of private data in genome medical service can reach tens of gigabytes. This service supports transparent settlement in real time. Issues Resolved Lack of Standard -Digital contents are in different forms, and there is a lack of a standard mechanism for ownership registration and recordation.
Isolation between Transactions and Records -Ownership-related transactions are difficult to integrate with the ownership recordation system. Difficult to Distribute Profits -The profits generated from contents are difficult to distribute effectively among the original author and relevant institutions.
Quick Start Quickly build an enterprise blockchain network. Products See more Alibaba Cloud products. Learn More. Faster Response Shorten after-sale response time from 36 hours to 18 hours.
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Alibaba doubling down on crypto as China continues to ban it
Chandler Guo was a pioneer in cryptocurrency, the digital currencies that can be created and used independently of national central banks and governments. In he set up an operation to produce one of those currencies, Bitcoin, in a secret location in western China. He believed Bitcoin would one day change the world and replace the dollar. They can make DCEP become an international currency. But many question whether it will succeed and there are concerns that it will be used by Beijing to spy on citizens.
Alibaba Pushed by China to Design Its Own Chips to Promote Self-Reliance, Fuelling Global Unease
Chinese e-commerce giant Alibaba is bringing its logistics arm Cainiao together with its online marketplace T-Mall to introduce blockchain technology to track goods on the platform. Blockchain is the technology that underpins the digital currency bitcoin and is essentially a digital database of time-stamped records or transactions, which is becoming increasingly popular as a track and trace tool for physical supply chains. This would give consumers peace of mind by allowing them to verify the goods they purchase online via a smartphone app — a big coup for Alibaba, which has faced intense criticism over the prevalence of fake goods available on its platform. Any attempts to conduct data fraud or add in counterfeit products will be as difficult as landing on Mars. It is understood that Alibaba is setting up a traceability page on its platform where consumers can track and authenticate some 30, products from 50 countries, which is believed to cover 80 per cent of third-party sellers on T-Mall. Alibaba has already moved into the blockchain space however. Last March, the firm announced a pilot scheme with PricewaterhouseCoopers PwC to use blockchain to improve integrity and traceability of its food supply chains on its platforms. Meanwhile, Alibaba has announced that it provided law enforcement authorities with more than 5, tips on the online sale of suspect products in , leading to the identification of 63 criminal cases involving counterfeit goods.
Alibaba unveils new custom server chips
Using Alibaba's Tmall Global platform, Chinese consumers can purchase products from the New Zealand dairy cooperative. Then, in a bid to improve supply chain traceability and transparency, consumers can trace their food using the company's Food Trust Framework, which uses QR codes and blockchain technology. Dale Farm says it is interested in acquiring Irish dairy firm LacPatrick. China's baby boom helps to drive revenue growth at Danone.
Groups Target Alibaba ECS Instances for Cryptojacking
Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian for Alibaba's cloud computing business. Alibaba says, for now, it has no plans to sell the chip to outsiders. Other rookie chip developers including Tencent , games and social media giant, and smartphone brand Xiaomi are pledging billions of dollars in line with official plans to create computing, clean energy and other technology that can build China's wealth and global influence. Processor chips play an increasingly critical role in products from smartphones and cars to medical devices and home appliances. Shortages due to the coronavirus pandemic are disrupting global manufacturing and adding to worries about supplies.
How Alibaba Uses Blockchain to Compete in the Cloud
This site uses cookies to deliver website functionality and analytics. If you would like to know more about the types of cookies we serve and how to change your cookie settings, please read our Cookie Notice. By clicking the "I accept" button, you consent to the use of these cookies. Though Alibaba co-founder Jack Ma may think Bitcoin is in a bubble , the firm still believes in blockchain, the technology underlying cryptocurrencies. For now, the program is in a three-month trial period during which transaction fees will be waived. Blockchain technology, a ledger of constantly updating transactions held by multiple parties, has become the buzzword among financial institutions in recent years.
China’s Central Bank Works with Ant, Tencent to Develop Digital Currency
AntChain, the blockchain business of Ant Group, has announced a new five-year global partnership with Uefa. Under the terms of the deal, the two sides will jointly investigate the application of blockchain, as well as other technologies, to promote and advance digital transformation in the soccer industry. AntChain, which becomes the official blockchain partner of Uefa Euro on the eve of the tournament, is a technology brand from the Ant Group, an affiliate company of the Chinese multinational Alibaba Group.
Hype man of the century
RELATED VIDEO: Profitable Business Ideas for the Next 10 Years - Crypto, BlockchainHuge names like Walmart, Alibaba, and American Express are starting to experiment with how distributed ledger technologies can help them do business better and more efficiently to serve their customers. Blockchain technology turns out to be ideally suited to solving some age-old problems in the retail industry, from supply chain operations to international logistics and flexible loyalty programs. Here are the most ambitions blockchain experiments going on in retail right now, and some ideas of where they are leading the retail industry. One of the most practical applications of blockchain technology so far is in supply chains. Walmart is banking on blockchain technology to makeover its supply chains to win trust with its customers and give it an edge over competitors.
Jack Ma's Alibaba has launched a blockchain-based payment service
Alibaba has launched a blockchain technology initiative to protect product authenticity and improve its supply chain integrity. The initiative will incorporate standards and controls including product tagging with unique QR codes and blockchain technology in a bid to authenticate, verify, record and provide ongoing reporting of products throughout the shipping process. The move is part of a bid by Alibaba to increase both consumer and supplier trust in its platforms as it seeks to build its reputation globally after a number of recent hits. The initiative is similar to a program launched by Alibaba rival JD. Last month, JD. It comes as food fraud concerns increase as a result of the massive expansion of e-commerce. In response, we have created a coordinated, world-leading and robust framework that involves stakeholders from across the supply chain to improve visibility and enhance the confidence of both end consumers and merchants.
How Walmart, Alibaba, and Others are Shaking Up Retail With Blockchain
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