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Author Topic: Alibaba cooperates with new blockchain platform, Is this project worth following  (Read 1915 times)
larrywhite
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December 13, 2019, 06:21:04 AM
 #101

Alibaba's cooperation with the new blockchain platform is extremely important. This project is worth watching and paying attention to. Business model being used under 3PL method is a good new model and very special.  Wink
How does the 3PL method works on it?
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December 13, 2019, 07:29:48 AM
Last edit: December 13, 2019, 11:49:50 AM by Roland.Ewing
 #102

Alibaba's cooperation with the new blockchain platform is extremely important. This project is worth watching and paying attention to. Business model being used under 3PL method is a good new model and very special.  Wink
How does the 3PL method works on it?
The cycle of 3PL operations is quite simple to be fair. A company places a product for sale, the client selects the goods, orders the delivery of said goods, and the company turns to a logistics companies that undertakes the delivery of the product
nicolas1979
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December 13, 2019, 07:42:54 AM
 #103

Alibaba is creative and innovative company, they will take any opportunity as leader for on line business. I'm not surprise with their move even I hear sometimes they also gambling with high fund to get place as the main purposes ( not income ). If you're interesting with their project just follow their news from official web to know the progress. You also need to manage risk that could happen if you decide to join, famous company can fail also.

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ohara.jessy
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December 13, 2019, 07:48:12 AM
 #104

Alibaba claimed the number one spot in WPP and Kantar’s annual ranking of China’s most valuable brands. The annual report awards ratings based on financial value, as well as the opinions of people who use and buy from brands. so shout out for credits that can do project together with this caliber of company!
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December 13, 2019, 08:21:14 AM
 #105

Considering Alibaba as a huge name while trusting Credits for collaboration then it could be something. All I know about Credits is they aim to achieve the 1 million transactions per second speed, though I don't know if they had achieve this but tbh this made Credits became successful in their ICO. And with that, we can anticipate the demand in CS token as so the value.

This may not have big impact on crypto community but definitely it will be on Chinese government. Let's see what will happen next.

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MichaelMcDonald
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December 13, 2019, 11:58:44 AM
 #106

I just saw their official announcement here https://www.alibabacloud.com/blog/new-solution-for-third-party-logistics_595584 and https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585

The important point that I got is the business model being employed under the 3PL approach includes the use of low-cost and versatile frequency sensors that would be installed inside Shipping Containers to monitor their movements and status via the immutable Credits blockchain database.

And the use of the Smart Payment Service based on the combined Alibaba Cloud and Credits blockchain platforms is a solution that is currently being implemented by the companies in the Chinese market. The Credits blockchain provides secure transactions between the parties to the delivery process and logistics providers, such as DHL.

What do you think about this guys? Will it have a positive effect on the Chinese government regarding cryptocurrencies and blockchain technology? Or even have a big impact on other crypto communities?
That's great tho for the Chinese government especially in the Logistics Industry. But I dont think that is gonna have a big impact on the crypto community because even with this partnership, CS is still low on price
kanayaTabitha
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December 13, 2019, 12:00:44 PM
 #107

Considering Alibaba as a huge name while trusting Credits for collaboration then it could be something. All I know about Credits is they aim to achieve the 1 million transactions per second speed, though I don't know if they had achieve this but tbh this made Credits became successful in their ICO. And with that, we can anticipate the demand in CS token as so the value.

This may not have big impact on crypto community but definitely it will be on Chinese government. Let's see what will happen next.

But i'm afraid it won't make a good impact on crypto, right now china is so much incessant developing their own blockchain, and if they found something better than bitcoin and other cryptocurrency people will leave cryptocurrency and move to their self made blockchain which is bad for crypto market
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December 13, 2019, 01:05:26 PM
 #108

We all know that crypto is hype right now. Even if its hype it still need something new for it isn't it?
So what do you guys think that the crypto world or crypto community needs at the moment?
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December 13, 2019, 01:21:45 PM
 #109

We all know that crypto is hype right now. Even if its hype it still need something new for it isn't it?
So what do you guys think that the crypto world or crypto community needs at the moment?

precisely because they are new and brave to work with large companies like alibaba they will slowly be well known. moreover, alibaba is one of the biggest companies in china (even asia) it will attract more new people that interest to this blockchain thing.
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December 13, 2019, 02:12:38 PM
 #110

We all know that crypto is hype right now. Even if its hype it still need something new for it isn't it?
So what do you guys think that the crypto world or crypto community needs at the moment?
I think that crypto needs more awareness and adoption but it is kinda hard for those who are not open to embracing this kind of technology
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December 13, 2019, 02:14:10 PM
 #111

Considering Alibaba as a huge name while trusting Credits for collaboration then it could be something. All I know about Credits is they aim to achieve the 1 million transactions per second speed, though I don't know if they had achieve this but tbh this made Credits became successful in their ICO. And with that, we can anticipate the demand in CS token as so the value.

This may not have big impact on crypto community but definitely it will be on Chinese government. Let's see what will happen next.

But i'm afraid it won't make a good impact on crypto, right now china is so much incessant developing their own blockchain, and if they found something better than bitcoin and other cryptocurrency people will leave cryptocurrency and move to their self made blockchain which is bad for crypto market
It will not directly give a big impact to the crypto. At least, that will be proven if crypto must be considered as a good thing that can give benefit to be used by the centralized entity. that gives an example to the china about how good the crypto when it used by the right hand. credits must become an anticipated project that will grow a lot next year.

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Roland.Ewing
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December 13, 2019, 03:47:58 PM
 #112

We all know that crypto is hype right now. Even if its hype it still need something new for it isn't it?
So what do you guys think that the crypto world or crypto community needs at the moment?
Crypto needs a legit sector or access that will check the project throughly
Not related in government sectors but merely in crypto community which are not under money or not into money
Its rather impossible, but if there's someone who will join force to study and determine it will help newbies
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December 14, 2019, 10:06:18 AM
 #113

We all know that crypto is hype right now. Even if its hype it still need something new for it isn't it?
So what do you guys think that the crypto world or crypto community needs at the moment?
Honestly, there's no hype at this moment like everything is on the normal yet ready mode for the bull run anytime however seems the bear don't want to leave us. lol!

Anyway, this project wouldn't succeed over night and it surely takes time to say it will be a success.
Regards with the collab.

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December 14, 2019, 01:02:39 PM
 #114

What made credits make a partnership with Alibaba? I mean there must be an excuse behind that right? And what do you think about that?
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December 14, 2019, 01:10:08 PM
 #115

We all know that crypto is hype right now. Even if its hype it still need something new for it isn't it?
So what do you guys think that the crypto world or crypto community needs at the moment?
I think that if there will be a private sector that will be built to filter every crypto project and everything that needs to check in the crypto space then there will be a proper and standard way of maintaining the needs to make crypto a better use not only to old users but including newbies...
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December 14, 2019, 02:14:47 PM
 #116

Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
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December 14, 2019, 02:57:27 PM
 #117

What made credits make a partnership with Alibaba? I mean there must be an excuse behind that right? And what do you think about that?
Credits and Alibaba made a partnership in logistics industry that increase efficiency by building trust between suppliers and consumers.
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December 14, 2019, 03:22:04 PM
 #118

Well any form of partnerships with blockchain and businesses can't be a bad thing that's for sure. How it will affect the price and more people investing into Credits as a blockchain business itself/ That has to be seen. Chinese and the Chinese Government behave differently around Crypto that other people and countries, there is a different mindset per Se as to how they view the technology and how they associate themselves with risk. They are risk takers, but also they want to dominate now this space. The last Speech the Chinese Premier gave was  a big hint and a command to the Chinese people, basically telling the Chinese, we want to dominate the Blockchain, be the best but we also are highly regulating the risk associated with it by promoting our DIGITAL RENMINBI/YUAN. So the impact on Credits price will be quite interesting to watch, if there is a positive one, that is. 


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December 14, 2019, 03:56:53 PM
 #119

Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
I personally think that it gives an advantages because I use to pay virtually and it prevents petty theft
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December 14, 2019, 05:33:05 PM
 #120

The adoption of blockchain technology is continously growing each passing years but still big companies like Alibaba are still hesitant to integrate cryptocurrencies with their payment system and I bet that they will just create their own coin/token instead of accepting crypto that is available in the market.

 
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