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Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on “the economic interests of any shareholders of Ant Group and their beneficiaries.” Once the process is complete, no single shareholder will have control over Ant … Read more
Chinese entertainment giant Tencent will be collaborating on the project with a number of others, including Alibaba subsidiary Ant Group. Go to Source Powered by WPeMatico
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 … Read more
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, … Read more
Digital RMB testing for cross border payments and electric vehicles continues, sentiment takes a dive and blockchain events return to meatspace. Go to Source Powered by WPeMatico
Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs. Go to Source Powered by WPeMatico
Alibaba’s payments arm Ant Group has launched a new blockchain solution, AntChain, for increased trust and transparency in industrial processes. Go to Source Powered by WPeMatico
