On the evening of November 13, Ant Financial's official Weibo denied the rumors that Alibaba and Ant Financial were about to issue CC coins and Taobao coins.
A white paper on the ant blockchain has been circulated on the Internet, stating that Alibaba will issue cc coins on digital cryptocurrency exchanges in China and the world from November 11, and conduct targeted issuance transactions, with a total of 21 million; and next year Open for trading in March.
The official blog responded in text, "Ant blockchain has never touched virtual currency. Our blockchain application technology patent is the world's number one, and none of it is related to ICO. The value of blockchain lies in building trust, but ICO is destroying Trust. All the applications of Ant Blockchain are to generate real value in the real world, which has always been our technical value.”
However, this remark also aroused doubts from netizens. Some netizens disagree with Ant Financial's judgment on ICO. He believes, "Is ICO destroying trust? This is not something that Ant Financial can judge." Some netizens also disagree with the definition of its true value, "Finance and The Internet itself is a virtual economy, so why bother to emphasize the virtual and physical. Tokenization is also very valuable for the protection of intellectual property rights, which also belongs to the field of virtual economy.”
It can be said that this announcement shows Ali's attitude towards the blockchain - actively developing related technologies. Logging in to Alibaba's blockchain website, we can find that Alibaba's blockchain technology is mainly used in scenarios for public welfare and supply chain management. There are no products that issue coins or carry out ICOs, but most of them use technology that is transparent and tamper-proof Features, realize the tracking record of the whole process. In terms of cooperation with academics, it focuses on the research and development of the underlying core algorithm of the blockchain.
Although blockchain technology has not been used more in products such as Taobao and Alipay, most other strategic businesses have been combined with blockchain technology.
A new product launch event of Ant Financial was held in Hong Kong at the end of June this year. At this press conference, Ant Financial announced the launch of the world's first blockchain-based e-wallet cross-border remittance service and applied it to personal transfers between Hong Kong and the Philippines.
In October, Alipay launched a mutual insurance product "Mutual Insurance", which introduced blockchain technology to ensure transparency of information and processes.
In November, the supET industrial Internet platform initiated by Ali was rated as the "World Internet Leading Scientific and Technological Achievement" by the World Internet Conference. Letter of industrial production data. At the same time, in the traceability of overseas products on Double Eleven this year, blockchain technology has been applied on a large scale.
In addition, Jack Ma has repeatedly mentioned the blockchain in his speeches on many occasions. He believes that the blockchain can effectively solve data security and privacy issues, which is related to trust, reputation and security.From Ali's close attention to the blockchain, it can be seen that Ali's requirements for technology and improving customer trust are used to actively adapt to the development of the Internet and consolidate its industry position.
