Bitcoin Forum
February 21, 2019, 11:09:31 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-05-17] Alibaba’s Jack Ma: Blockchain Is Not a Bubble, Bitcoin Is.  (Read 22 times)
lylian
Newbie
*
Offline Offline

Activity: 62
Merit: 0


View Profile
May 17, 2018, 09:28:58 AM
 #1

Jack Ma, founder of Alibaba – the Chinese e-commerce giant, said blockchain is not a bubble, bitcoin is. When it comes to blockchain, he asked people to think of the role of blockchain in creating values for the society, government, enterprises and consumers in the era of big data.

Conservative and cautious with bitcoin, this magnate has few words on it, but spared the time for blockchain. He said people with superficial understanding of blockchain think it is a huge gold mine. We should seek solutions for data and privacy security from blockchain, in a bid to create values for the society. While for the moment, many see it as a money-maker, it’s screwed. Blockchain could provide a lot for governments, enterprises and average people, which shall be its true value.

Jack said he has had his eye on blockchain for years. He realized its importance when he heard it could offer solutions for issues of privacy and security, for security is the top priority of Alibaba with a considerable trading volume reaching trillions. Since then, Alibaba has undertaken the research on blockchain, and it has been the enterprise holding the world’s most blockchain patents.

http://news.8btc.com/alibabas-jack-ma-blockchain-is-not-a-bubble-bitcoin-is
1550747371
Hero Member
*
Offline Offline

Posts: 1550747371

View Profile Personal Message (Offline)

Ignore
1550747371
Reply with quote  #2

1550747371
Report to moderator
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
lylian
Newbie
*
Offline Offline

Activity: 62
Merit: 0


View Profile
May 17, 2018, 09:30:49 AM
 #2

Potshots on bitcoin again after Buffet, Munger and Bill Gates
Still hodling
Pages: [1]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!