More interesting news about Cryptocurrenices AND Blockchain technology... Ask, vote AND follow @daytoday👇👇👇 
Alibaba's T-Mall Is Moving Cross-Border E-Commerce to Blockchain
Alibaba's T-Mall e-commerce platform is reportedly adopting blockchain technology in its cross-border supply chain through a partnership with logistics company Cainiao.
According to a report by China's news agency Xinhua Wednesday, the partnership aims to move information on goods for import and export onto a blockchain that can then track their country of origin, shipping port and method, arrival port as and customs report details.
The new launch comes as Cainiao, of which Alibaba is an investor, is doubling down on its belief that blockchain has a significant potential to be adopted for cross-border e-commerce.
To that end, 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.
The partnership also marks the latest move by Alibaba to improve consumer confidence in the battle against counterfeit products.
As reported previously, Alibaba has collaborated with PwC earlier last year to develop a system that seeks to reduce food fraud using blockchain tech, dubbed Food Trust Framework.
Source: CoinDesk
Don't miss out next post! For more informations follow @atimk23!
Have a nice day!
Source: https://www.coindesk.com/alibabas-t-mall-moving-cross-border-e-commerce-blockchain/
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.
If you are actually the original author, please do reply to let us know!
Thank You!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://bitcointalk.org/index.php?topic=3042595.0
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is truly fascinating to read about blockchain implications in our grieving society. This technology has the potential to help so many with so much, and it is inspiring to see that it is being used.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Im agree, hope for the better future :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit