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At 9:30 in the morning on November 26, a gong sounded, and the Hong Kong Stock Exchange was filled with bright orange. Alibaba re-entered the Hong Kong Stock Exchange after 12 years. Alibaba's official Weibo also immediately posted, "We are going home."
Alibaba successfully returned to Hong Kong for listing, becoming the largest IPO transaction in the history of Hong Kong stocks. The opening price was 187 Hong Kong dollars, with a total market value of 3,999.3 billion Hong Kong dollars, making it the largest company in Hong Kong stocks by market capitalization.
However, the digital economy is inseparable from the construction of digital infrastructure. In Alibaba's digital economy kingdom, the blockchain has to be mentioned.
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Ma Yun once publicly stated that Bitcoin may be a bubble, but blockchain technology is not a bubble; other companies may not use blockchain technology, but Alibaba must have it.
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Ma Yun/Tuyuan Network
On the one hand, Alibaba’s research on blockchain technology is to ensure data security and user privacy, and because Jack Ma has repeatedly stated that blockchain is the technology that is most likely to subvert Alibaba’s current core business.
Alibaba has such competitiveness in the research and development of blockchain technology, one is because Alibaba’s e-commerce business has accumulated a huge amount of business statistics for it, which has laid a solid foundation for its development of blockchain application projects ; Second, due to Alibaba's affirmation of blockchain technology from top to bottom, through a large amount of investment in funds, talents, equipment and time, it has stimulated the generation of innovative technology applications to the greatest extent.
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Dharma Institute focuses on technology, and the blockchain patent is the world's first
In August 2017, Zhang Hui joined Ant Financial and was in charge of the blockchain department. As a senior member of the Institute of Electrical and Electronics Engineers (IEEE), he has published more than 40 top academic papers.
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Zhang Hui, Director of the Blockchain Laboratory of DAMO Academy
Under his leadership, the blockchain laboratory of DAMO Academy mainly has seven research directions:
o Consensus Protocol
o Cryptographic security and privacy protection
o Blockchain technology combined with trusted execution links
o Cross-chain protocol
o Smart contract language and overall security analysis
o Combination of blockchain technology and loT
In the latest "2019 China Blockchain Patent Comprehensive Strength List" released by Lianta Think Tank on November 20, Alibaba's comprehensive strength ranked first, Financial OneConnect ranked second, and China Unicom ranked third. At present, Alibaba is also the company with the largest number of blockchain patent applications in the world, with a total of 1,137, of which 569 applications come from within China. Alibaba and OneConnect are neck and neck in the number of patent authorizations, and both have obtained eight patent authorizations.
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Ants dominate the "national hot chain"
Hu Xiaoming, president of Ant Financial Group, also said that both Ant Financial and Alibaba will continue to invest resources in blockchain technology in the future. Over the past 14 years, Ant Financial has created the national-level app Alipay, and established a complete digital financial infrastructure in payment, micro-credit, insurance, credit security and other fields, thus becoming the unlisted company with the highest valuation in the world. In 2016, Ant Financial incubated the Ant Blockchain. In the same year, the first landing application of Ant Blockchain - "Hearing Impaired Children Regain a New Voice" charity fund tracking project was born. Ant Financial has cooperated with the China Social Assistance Foundation to realize the whole-process information tracking of each donation. At that time, the project was marked with a blockchain logo and placed in the most prominent position on the Alipay donation platform, and it became the public welfare project with the highest traffic on the entire platform overnight. "Hearing-impaired children gain new voices" finally raised 198,000 yuan for 10 hearing-impaired children, and nearly 50,000 people participated in the donation.
"Hearing Impaired Children Regain a New Voice" Project Donation Information Tracking / Bplus Mapping
At the Yunqi Conference, Ant Financial announced the launch of the "Global Hot Chain" plan. The plan is divided into two parts: one is to upgrade the rights and interests of partners and provide resource support such as marketing and sales; the other is to build a developer community. Ant Financial plans to open the service market on October 22, launch the open alliance chain on November 7, and launch the DApp publishing platform on December 12. "National Hot Chain" is aimed at global developers and institutional customers, with the aim of lowering the development threshold and supporting the rapid development of small and medium-sized projects.
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At present, Ant Financial has technically been able to support a scale of 1 billion accounts, and at the same time, it can support a daily transaction volume of 1 billion, achieving 100,000 cross-chain information processing capabilities per second (PPS). Jiang Guofei, vice president of Ant Financial, also predicted that within a year, there will be a batch of blockchain applications with tens of millions of daily activities.
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At the Tiger Sniff F&M Innovation Festival on November 23, Yan Ying, the technical director of Ant Blockchain and a senior blockchain technical expert of DAMO Academy, gave an in-depth interpretation of the core value, application scenarios, and landing challenges of the blockchain.
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The example she gave was the very real problem of buyers' shows and sellers' shows. The important reason is that the store stole the pictures, which caused the wrong version of the goods. how to solve this problem?
This year's Double 11, Ant Blockchain launched the "magpie chisel" system through Tmall.
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"Sellers" can upload to the chain with one click, quickly complete the picture copyright certificate, and provide one-stop self-service for evidence inspection and infringement evidence collection. Under the joint witness of the blockchain nodes of judicial and notary institutions, it has become an ironclad evidence of "cross-platform pirate image rights protection". When it is found that the original has been stolen, you can log in to Alipay, search for the ant blockchain digital forensics applet, enter the evidence and infringement link after logging in, and then submit. A minute later, the case was uploaded to the Internet court, and the lawsuit can be completed on the mobile phone without going to the court.
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epilogue
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This year marks the 20th anniversary of the establishment of Alibaba, the 50th anniversary of the birth of the Internet, and the 25th anniversary of China's full-featured access to the Internet.
Ali can be said to be the beneficiary and pioneer of China's digital economy. In the future, Ali wants to be a leader. Regarding the ultimate vision of Alibaba’s blockchain development, we may be able to find the answer from Jack Ma’s words, “We need to develop our own technology. Unlike Google, this technology is not for profit or control, but for inclusiveness. "
