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Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report

News Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film "Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22. The company has purportedly signed an agreement with New York-based decentralized..

China’s Zhejiang Processes $6B via DLT Medical Billing Platform

News China’s Zhejiang province has processed nearly $6 billion via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese publication QNSB reports on Nov. 18. Successfully piloted in 2018, the blockchain-enabled platform allows citizens to make doctor’s appointm..

Alibaba Subsidiary Ant Financial Tests Its Enterprise Blockchain

News The financial technology subsidiary of Chinese e-commerce giant Alibaba, Ant Financial, started testing its enterprise blockchain platform. According to local news outlet Sina Finance on Nov. 12th, the senior director of technology and business innovation at Ant Financial, Jieli Li, announced..

Alibaba Partners with Lolli to Allow US Shoppers Earn ‘Free Bitcoin’

News Chinese e-commerce giant Alibaba has partnered with Bitcoin (BTC) rewards shopping app Lolli, enabling its shoppers to earn 5% back in Bitcoin. Alibaba customers can now get Satoshis (sats), the smallest unit of Bitcoin currency, worth 0.00000001 BTC, when shopping “thousands of items online,..

Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China

Follow up Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese yuan. The public..

Official: Alipay to Ban All Bitcoin-Related Transactions

News Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declared that it will be banning any transactions related to Bitcoin (BTC) or other cryptocurrencies. Combating illicit playersOn Oct. 10, Alipay has reiterated its anti-crypto stance in a Twitter thread, elaborating that the ..

Chinese Homecoming — Crypto Companies Make Their Way Back to Asia

Analysis In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since leaving the Asian powerhouse back in 2017. At the time, the government had enforced a local crypto ..

Samsung’s Blockchain SSD Patent Could Disrupt Crypto Mining

Analysis Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by large corporations on blockchain is clearly visible. Related:..

Alibaba Files US Patent for Blockchain Domain Name Management System

News Chinese online retail giant Alibaba has applied for a United States patent entitled “Domain Name Management Scheme for Cross-Chain Interactions in Blockchain Systems.” Alibaba filed its latest application on Aug. 15 in a continuation of an application filed in November 2018. According to the..

IBM Triples Number of Blockchain Patents in US Since Last Year

News Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of last year, according to a report by BeinCrypto on July 16. According to data gathe..

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