Alibaba cooperates with new blockchain platform, Is this project worth following

[Sexaphiliac]

Alibaba is a global brand and such a collaboration will help further the cause of the blockchain space; decentralization.

With them partering with Credits for logistics, definitely blockchain technology will be employed in data storage while providing real-time information on goods and their state as they are being transported.

[JeffBrad12]

Alibaba is a global brand and such a collaboration will help further the cause of the blockchain space; decentralization.

With them partering with Credits for logistics, definitely blockchain technology will be employed in data storage while providing real-time information on goods and their state as they are being transported.

What decentralization have something to do with a big company partnering with another big company it just doesn't make sense. Their blockchain is also centralized and probably not for creating crypto but instead to help their system work efficiently and have nothing to do with decentralization.

[alexy1901]

I read that about the current model of operation of 3PL solutions is entirely centralized, why no use "decentralized" system ? how big is the different centralized with decentralized system ?

I think, centralized system is like all parts/sections connected to a central network and the decentralized one is like they use multiple central network, so they don't have one central owner. And for the different, maybe they are opposition to each other   

[Roland.Ewing]

Just a quick one. I’ve just created a web wallet to store my native cs in once the swap is done. I’m currently storing my cs on mew with my nano ledger. Is the web wallet secure or would it be safer using the desktop wallet?

[efxtrader]

From what I know, Alibaba already has its own payment method, Alipay. But if Alibaba decides to jump into the cryptocurrency or blockchain market, I think it will be very good because Alibaba is a pretty influential company in China and this will influence other companies to jump into the cryptocurrency market

[Nivia1st]

this will be big news ...
Alibaba is a large company from China and has a large business unit. I'm sure the project will have a big impact. what's more now that China has supported the blockchain project, this could become a new force in the cryptocurrency market later. I can't wait for the project to be truly released.

[cryptonewbie]

I fail to see what project you mean. If it is Alibaba, then it is no news as they are already utilizing blockchain technology. It won't matter much to the crypto space though as its not placing a use case for cryptocurrency

[yaeger1919]

I saw at https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585, I just want to asking, how big is the impact of the smart payment service to us as the customers ?

[Bonenx14]

I fail to see what project you mean. If it is Alibaba, then it is no news as they are already utilizing blockchain technology. It won't matter much to the crypto space though as its not placing a use case for cryptocurrency

this means that the use of crypto technology can be done without payment by the crypto method. so it is more knowledge for people who do not have this information. it never hurts to provide this information, who knows this information is useful for some people in this forum

[TheClownSong]

this will be big news ...
Alibaba is a large company from China and has a large business unit. I'm sure the project will have a big impact. what's more now that China has supported the blockchain project, this could become a new force in the cryptocurrency market later. I can't wait for the project to be truly released.

Maybe Alibaba will use the technology blockchain but that doesn't mean they will jump into the cryptocurrency market because they already have their own payment method, Alipay. Blockchain has become a technology that will be used by large companies and I think it is not surprising if Alibaba uses blockchain to secure their data, it will be a surprise if Alibaba releases its own cryptons

[Roland.Ewing]

I saw at https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585, I just want to asking, how big is the impact of the smart payment service to us as the customers ?

It gives us customers a big impact, let me give you an example. Lets just say that I want to order a product from you who lives on the other end of the world. This transactions need intermediaries capable of carrying out the delivery and ensuring its safety and integrity, yeah? So the problem is theres a lack of trust between the parties involved. Thats why Alibaba and Credits partnered up to develop this Smart Payment Service. It can reliably provide safe transactions between the seller and the buyer as part of the express delivery service provided by logistics providers

[Josh_Emannuel]

I saw at https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585, I just want to asking, how big is the impact of the smart payment service to us as the customers ?

It gives us customers a big impact, let me give you an example. Lets just say that I want to order a product from you who lives on the other end of the world. This transactions need intermediaries capable of carrying out the delivery and ensuring its safety and integrity, yeah? So the problem is theres a lack of trust between the parties involved. Thats why Alibaba and Credits partnered up to develop this Smart Payment Service. It can reliably provide safe transactions between the seller and the buyer as part of the express delivery service provided by logistics providers

Yup I get what you are trying to say and that's not wrong too. Because of that, any service based on smart contracts allows its users, such as you and him to automate the transfer of funds from one owner to another when certain conditions are met. The payment is made automatically when the buyer receives the goods delivered by logistics providers, as the smart contract’s terms are immutable and stipulate instant execution.

[jordanball]

I fail to see what project you mean. If it is Alibaba, then it is no news as they are already utilizing blockchain technology. It won't matter much to the crypto space though as its not placing a use case for cryptocurrency

the point is, they collaborate with Credits who have solutions to problems regarding transparent delivery processes and conditions. On this website https://www.alibabacloud.com/blog/new-solution-for-third-party-logistics_595584 there is information about what they are working on together, you can also read it under the subtitles "The Credits Blockchain and Alibaba Cloud Based Solution ".

[xanabonana]

this will be big news ...
Alibaba is a large company from China and has a large business unit. I'm sure the project will have a big impact. what's more now that China has supported the blockchain project, this could become a new force in the cryptocurrency market later. I can't wait for the project to be truly released.

Maybe Alibaba will use the technology blockchain but that doesn't mean they will jump into the cryptocurrency market because they already have their own payment method, Alipay. Blockchain has become a technology that will be used by large companies and I think it is not surprising if Alibaba uses blockchain to secure their data, it will be a surprise if Alibaba releases its own cryptons

Yeah I think so, nowadays it's such a normal thing to see the big company such as Alibaba using blockchain technology, even Samsung now released
Samsung Blockchain Keystore which is a blockchain-based system that implemented to their phones. It's just about the time to see the whole big company using blockchain technology. But I think, with this collab with Alibaba, it's a big improvement for credits to prove them they can make a relationship with a big company and maybe with this, the credits price will go higher.

[chaoscoinz]

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?

Any majorly big corporations that have made the decision to support blockchain and cryptocurrency technology is an good move for the crypto space. This means cryptocurrency is finally getting its long overdue respect and adoption as being an innovative and beneficial technology.

[Golftech]

this will be big news ...
Alibaba is a large company from China and has a large business unit. I'm sure the project will have a big impact. what's more now that China has supported the blockchain project, this could become a new force in the cryptocurrency market later. I can't wait for the project to be truly released.

Maybe Alibaba will use the technology blockchain but that doesn't mean they will jump into the cryptocurrency market because they already have their own payment method, Alipay. Blockchain has become a technology that will be used by large companies and I think it is not surprising if Alibaba uses blockchain to secure their data, it will be a surprise if Alibaba releases its own cryptons

True, same with their President mentioning blockchain and maximizing the use of this technology but did not talk directly about cryptocurrency.
It will bring impacts if more news regarding to this information will spread out and keeps on attaching crypto and not only blockchain. Adoptions
might also take place when people around this business will see the actual helps of crypto since it was made inside blockchain.

[alexy1901]

I saw at https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585, I just want to asking, how big is the impact of the smart payment service to us as the customers ?

I think it's really helpful for us, smart payment service provide safe transactions between us (as the buyer or seller). So we don't have to worry (again) when we have to do a transaction, that's one of the best innovations I ever seen

[yaeger1919]

Which type of blockchain is more secure to use ? centralized or decentralized ?

[aamirsuh]

Why does Alibaba partner? Jack Ma himself can develop new blockhain. Computer engineers can work on this issue. A partnership can be made. However, I interpret this situation differently. I think that only Alibaba.com's name is being advertised.

[alexy1901]

Which type of blockchain is more secure to use ? centralized or decentralized ?

I think decentralized blockchain is more secure because on decentralized blockchain you can install software nodes as the guarantor of the data's safety and validity