5 Reasons Alibaba Should Fear Bitcoin
I'm a Bitcoin contrarian. When the price drops I get giddy. Fear is not something that Bitcoin stalwarts feel on a regular basis. Being on the right side of inevitable change means watching companies struggle with the unknown, that thing that all fear. Bitcoin doesn't need permission, many are still trying to digest that fact. 1. Alibaba Exists With Permission. Alibaba and every other centralized organization exist within the frameworks provided by governments. Before the Hangzhou e-commerce site can consider the customer it has to answer to politicians, bankers, insurance companies, and....
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As the interest in the NFT sector increases, many top shots seem to explore the opportunities it provides. For example, the latest news reveals a new marketplace by Alibaba where trademark holders can sell the NFTs that represent their copyright licenses. Alibaba Group, the famous multinational eCommerce firm, launched a new NFT (non-fungible token) marketplace. […]
The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell intellectual property (IP), as it is copyrighted by blockchain technology. Alibaba’s NFT Market Offers Blockchain Copyright Service Alibaba is a large corporation from China that specializes in internet services, technology, and e-commerce solutions. The company, founded in 1999, quickly....
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Alibaba Financial announced a possibility to use Blockchain in its new cloud service platform. This was mentioned at the Yunqi Assembly Shanghai summit in Beijing on January 20, 2016. Moreover, in a review of the year 2015, Ali Financial cloud, a service of Alibaba Group, describes the possible benefits of using the Blockchain. It states that they “are actively exploring the profound impact of [Blockchain] technology in the financial sector.” During the conference, Alibaba also released a whole chain of products for data collection, processing, analysis, etc, including Ali cloud platform.....
The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts.