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

[MichaelMcDonald]

Makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are hard to ignore for our central banks and governments worldwide

One of the main benefits of using blockchain technology especially in Government entities is that it could drastically reduce the operating costs needed for a particular process to function if compared to using traditional methods

This could absolutely boost a nation's economy but I doubt it will be in massive terms but at least its already a huge advantage for early adopters

[Pietro99]

I’m turning my eyes towards staking alts since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining, 2020- stake ?

[Roland.Ewing]

I’m turning my eyes towards staking alts since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining, 2020- stake ?

Staking is also not that simple as it looks like you need to invest in the coins itself as each and every coin has there bare minimum balance required to start staking

[judithsan]

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?

All things could happen. the problem is, many of people seems like still blind about cryptocurrency. But nowadays its pretty easy to gain new info right?
and i think, cryptocurrency will be a vital thing in the future

[andrewshan3]

Credits will demonstrate why its a good solution to some tasks!
Nowdays this time we could call it finding your target audience, the Credits community has grown strongly in recent months Asians are the base naturally good things will come from here, Alibaba is a fair tribute

[_bobby_]

Credits will demonstrate why its a good solution to some tasks!
Nowdays this time we could call it finding your target audience, the Credits community has grown strongly in recent months Asians are the base naturally good things will come from here, Alibaba is a fair tribute

Maybe later on other companies will also be interested in CS after the partnership announcement with Alibaba

[yaeger1919]

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?

Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast

[alexy1901]

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?

Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast

Yeah, because of those reasons it really hard to be applied in the community Even though I strongly agree with cryptocurrency rather than digital money

[Josh_Emannuel]

Credits will demonstrate why its a good solution to some tasks!
Nowdays this time we could call it finding your target audience, the Credits community has grown strongly in recent months Asians are the base naturally good things will come from here, Alibaba is a fair tribute

Maybe later on other companies will also be interested in CS after the partnership announcement with Alibaba

But for this to happen they need to see the results of this partnership first

[ohara.jessy]

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?

Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast

Yeah, because of those reasons it really hard to be applied in the community Even though I strongly agree with cryptocurrency rather than digital money

sure and also they do make progress. i just heard that The chart of people who are using cryptocurrency shows the leap counted almost 20 million within the period between 2016 and 2019. let them take their times. .

[dianastone]

so i want to open new discussion too about credits (or blockchain platform), what segment of society can it affect primarily?

[matchi2011]

Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.

Partnering with a blockchain company does not mean that Alibaba will launch its own coins or tokens because Alibaba could only want to use Blockchain technology to secure its data. Alibaba is a business entity in China and I don't think they will carelessly issue their own cryptocurrency

We don't know the  real intensyon since alibaba owner might supporting their President, Alibaba's executive are the taking care of this business since
the popularities of blockchain system is emerging, this technology are getting a lots of attentions and if alibaba will adopt the process then it will help
them maximize the benefits of this new technology.

[vicamour]

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?

Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast

same here, i think it would take a very long time and regulation to be applied in society because of those reasons. but someday I believe crypto will be used as daily transaction by society.

[yaeger1919]

Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.

Yeah, cause of the algorithm changed which means the process will be changed too and I think it need more time than 1 year to finish all of its

[ohara.jessy]

so i want to open new discussion too about credits (or blockchain platform), what segment of society can it affect primarily?

retailer and of course customer are two of them maybe, cause Credits platform is one of the first projects to introduce the innovative blockchain solution for loyalty programs. from what i heard the loyalty program market is expected to reach 4.59 billion by 2021 which is enormous

[alexy1901]

Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.

Yeah, cause of the algorithm changed which means the process will be changed too and I think it need more time than 1 year to finish all of its

New algorithm means a change in system development which is a big change for the company and requires long planning to make it happen and the time is quite long

[yaeger1919]

Do you guys think with the collaboration of the Credits and Alibaba it will bring a massive impact to industry?

I think it will has a big impact, the reasons are Alibaba is one of the big companies that has a big influence on the economic sector in China and the other reasons that many people use the services of the Alibaba to buy goods

[ajeef]

Do you guys think with the collaboration of the Credits and Alibaba it will bring a massive impact to industry?

I think it will has a big impact, the reasons are Alibaba is one of the big companies that has a big influence on the economic sector in China and the other reasons that many people use the services of the Alibaba to buy goods

It could be a threat also for the cryptocurrency industry. If china succeed to develop their own blockchain and alibaba use it and force the worldwide buyers to use it if they want to buy some stuff at alibaba, china's blockchain payment will dominate the world payment and i'm sure people will leave cryptocurrency and bitcoin.

[alexy1901]

Do you guys think with the collaboration of the Credits and Alibaba it will bring a massive impact to industry?

I think it will has a big impact, the reasons are Alibaba is one of the big companies that has a big influence on the economic sector in China and the other reasons that many people use the services of the Alibaba to buy goods

It could be a threat also for the cryptocurrency industry. If china succeed to develop their own blockchain and alibaba use it and force the worldwide buyers to use it if they want to buy some stuff at alibaba, china's blockchain payment will dominate the world payment and i'm sure people will leave cryptocurrency and bitcoin.

So, it's like double-edge sword ? it can be both a potential and a threat ? seems it's like can be a serious problem for cryptocurrency world

[bitkanu]

Do you guys think with the collaboration of the Credits and Alibaba it will bring a massive impact to industry?

I think it will has a big impact, the reasons are Alibaba is one of the big companies that has a big influence on the economic sector in China and the other reasons that many people use the services of the Alibaba to buy goods

I hope so but we will see that in the future. What we can do to put a big expectation when that will become a successful partnership and that will bring credits at the top of the CMC. we are credits believers.
But you should remember if that will play a very important role at the logistic service.