Ant Financial Is Launching a Blockchain App to Tackle Food Fraud
Alibaba payments affiliate Ant Financial is poised to launch a blockchain platform next month, alongside an application that tracks rice shipments.
The fintech arm of Chinese tech giant Alibaba Group said it expects the blockchain to go live in around three months.
Lolli will offer Alibaba customers bitcoin back on their purchases with a new partnership.
What really constitutes a "partnership" at the intersection of e-commerce and crypto?
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.
WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.