Alipay News

Alipay is one of the largest global payment systems that belongs to the Alibaba Group. Alipay was founded in 2004. The payment system is used not only for processing payment for Alibaba Group goods, but over 460,000 other companies use Alipay as well. In 2015, the company announced the initial public offering of Alipay stocks, which will be available only for Chinese citizens. In 2017, the company announced the launching of Alipay in the U.S. In 2018, Alipay started to conduct experiments using blockchain technologies to provide payment processing. The first experimental blockchain-based payment was processed between Hong Kong and the Philippines. The transaction took just three seconds, so the company is currently planning to use the technology on a global scale.
News
A representative for the Jack Ma Foundation confirmed to reporters that the businessman had “participated in the online ceremony of the annual Rural Teacher ini...
Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’
Marie Huillet
2021-01-20T09:53:08+00:00
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News
The platform is just the latest product in the fintech’s long-evolving blockchain solutions.
China’s Ant Group releases digital copyright platform on AntChain
Marie Huillet
2020-10-22T10:38:58+01:00
4543
News
Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs.
China's Ant Group launches cross-border trade platform to support SMEs
Jack Martin
2020-09-25T13:52:00+01:00
5390
News
China’s Ant Group is prepping for the largest IPO in history.
Jack Ma’s Ant Group files $30B IPO in Hong Kong and Shanghai
Helen Partz
2020-08-26T15:29:00+01:00
7772
News
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector.
China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent
Mohammad Musharraf
2020-08-04T11:13:00+01:00
10649
News
Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.
Chinese Tech Group Behind TikTok Looks to Enter Finance
Ting Peng
2020-06-16T22:16:00+01:00
21838
Analysis
Crypto pundits believe that central bank digital currencies based on public-private partnerships could see the light of day much sooner, as many solutions under...
CBDCs With a Twist: The Public-Private Solutions Needed for Adoption
Shiraz Jagati
2020-06-02T18:44:00+01:00
7422
News
Ant Financial launched a new consortium blockchain platform for SMEs and developers.
Alibaba Subsidiary Ant Financial Launches New Consortium Blockchain Platform for SMEs
Mohammad Musharraf
2020-04-16T20:50:00+01:00
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