According to China’s news agency Xinhua report published on Wednesday 28th of February 2018, Alibaba’s T-Mall e-commerce platform is adopting blockchain technology in its cross-border supply chain through a partnership with logistics company Cainiao.<\/p>\n
The partnership aims to move information on goods for import and export onto a blockchain that can track their country of origin, shipping port and method, arrival port as and customs report details.<\/p>\n
Alibaba is an investor in Cainiao, which is doubling down on its belief that blockchain has a significant potential to be adopted for cross-border e-commerce, resulting in this launch.<\/p>\n
The partnership claims Chinese consumers from various cities covered by Cainiao, including Shanghai, Guangzhou and Shenzhen, will be able to track the blockchain-based logistic information for some 30,000 goods from 50 countries through the e-commerce’s mobile application.<\/p>\n
Alibaba aims, through this partnership, to enhance consumer confidence when it comes to battling counterfeit products.<\/p>\n
Ref:\u00a0https:\/\/www.unlock-bc.com\/news\/2018-03-05\/alibabas-t-mall-adopts-blockchain-tech-in-its-cross-border-e-commerce<\/p>\n","protected":false},"excerpt":{"rendered":"
According to China’s news agency Xinhua report published on Wednesday 28th of February 2018, Alibaba’s T-Mall e-commerce platform is adopting blockchain technology in its cross-border supply chain through a partnership with logistics company Cainiao. The partnership aims to move information on goods for import and export onto a blockchain that can track their country of […]<\/p>\n","protected":false},"author":1,"featured_media":12590,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=\/wp\/v2\/posts\/12439"}],"collection":[{"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12439"}],"version-history":[{"count":0,"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=\/wp\/v2\/posts\/12439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bclub.rafedgroup.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}