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Alibaba Launches Blockchain-powered Initiative Amid Coronavirus Fears

Alibaba Launches Blockchain-powered Initiative Amid Coronavirus Fears

A number of Alibaba subsidiaries have begun offering solutions that operators hope will help companies trying to do business while the nation battles the coronavirus – including blockchain-powered online “contactless bidding” features. Per media outlet Crypto Watch, Chinese financial media outlets are reporting that several Alibaba companies are involved in the new drive, including the e-commerce giant’s electronic pay platform Alipay.







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