Archive | Jack Ma

The United Nations’ Secretary-General Has Blockchain Firmly on the Agenda

The United Nations has put together a panel of 20 experts in order to investigate how blockchain can impact global economics. The panel was initiated by The United Nations’ (UN) Secretary-General António Guterres. The group which comprises of 20 figures from major sectors including industry and academia will examine digital technologies in general with a […]

Jack Ma Challenges Banks with New Blockchain Cross-Border Payments

The South China Morning Post reports that Alibaba Group’s Ant Financial will use blockchain technology to lower the cost of overseas payments after failing a bid to buy over MoneyGram. Alibaba Group Holding Limited, the Chinese multinational e-commerce, retail, internet, AI, and technology conglomerate, says the move will benefit the Filipino expatriate population of Hong […]

Chinese E-Commerce Giant Says Blockchain Not A Bubble

Founder of Chinese e-commerce giant Alibaba, Jack Ma, has commented recently that he doesn’t see blockchain as a bubble, unlike sees bitcoin, which is something he has no plans to pursue. The e-commerce boss made the comments at the 2nd World Intelligence Conference, which was held in Tainjin in Northern China on May 26th. At […]

Alibaba’s ‘Selfie’ Payments Vulnerable, May Work With Decentralized Security

E-commerce giant Alibaba Group and its affiliated online payment service AliPay, presented their prototype of using facial recognition instead of passwords for authentication.