Tag: alibaba
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Alibaba rewards American users with bitcoin cashback via Lolli
On the occasion of Nov 11 Chinese Shopping Day, Alibaba rewarded cashback in Bitcoin for its American users partnering with Lolli, a rewards platform that offers users BTC when they shop at participating online retailers. American users earned 5% back in Bitcoin for every purchase from the e-commerce giant. Announcing the partnership Alex Adelman, CEO…
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Blockchain and Smart Cities: On the Way to the Second Capital of China
On Oct. 14, Peng Yijie, a powerful Chinese businessman, visited Chen Gang, the Communist Party Secretary of Xiong’an New Area and Vice Governor of Hebei Province. Peng reported the potential of Blockchain technology to Secretary Chen, trying to persuade him to cooperate on promoting Blockchain innovation in Xiong’an New Area. Smart city During the meeting, Peng said that…
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Alibaba Partners Chinese Govt to Trial Blockchain in Healthcare
A partnership between Alibaba and a Chinese city government to secure healthcare data over a blockchain is set to become the pioneering application of its kind in the country’s medical sector. Alibaba Health Information Technology Ltd., or Ali Health, will collaborate with the government of the city of Changzhou in eastern China to connect the…
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Ripple Confirms China Expansion Plans, Shoots Down Alibaba Rumor
Ripple is opening up about its plans to enter one of the world’s largest markets. In new statements to CoinDesk, the San Francisco blockchain startup aimed to address rumors that first appeared last Thursday on XRP Chat, a forum dedicated to gossip and commentary on both the company and its technology. In short – yes, the blockchain…
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How Blockchain-Powered Platforms Promote Financial Inclusion in Developed Countries
Achieving financial inclusion or inclusive financing has been a daunting task in major parts of the world. The World Bank Group, the International Telecommunication Union (ITU) and the Committee on Payments and Market Infrastructures (CPMI), with support from the Bill & Melinda Gates Foundation, recently launched a program that will accelerate digital financial inclusion in developing countries.…