Alibaba to Possibly Use Blockchain Tech for Alipay Service

Alibaba to Possibly Use Blockchain Tech for Alipay Service

Several posts on Chinese Bitcoin news sites like Coin News Asia are reporting that online sales giant Alibaba is working on possibly using blockchain tech for their Alipay service. It was first talked about on 8BTC.com on Jan 20th amid speculation as to what uses Alibaba and Alipay might be looking in the technology to do. In a statement at Coin News Asia Jingming Li, President of Alipay U.S. stated while talking about partnering with United could be one of the areas that they will deploy blockchain technology.


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