Blockchain As A Service By Alibaba Goes Global

The blockchain service by Alibaba uses Ant Blockchain platform in conjecture with technology from IBM’s industry-leading Hyperledger Fabric network.

This service was only available to China since its launch in October 2017. It is now available to use in Europe, US and Asia counterparts.

Blockchain As A Service

According to Alibaba, their service offers “an enterprise-level platform service based on leading blockchain technologies. This help customers build a secure and stable environment for blockchain implementations.”

Yi Li, Senior Staff Engineer and lead of Alibaba Cloud Blockchain Service says, They aim to, “become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation.”

Agreeing with Li, Executive Director of Hyperledger Brian Behlendorf says that “2018 is set to be another blockbuster year for the industry”. As the rollout of the platform will bring more innovation to the global blockchain community.

The Blockchain service offer includes “automatic deployment, software development kit applications”. While delivering a range of “monitoring, operating, and maintenance functions.”

The platform, since its launch, has found various applications, especially in Chinese logistics and medical industries. However, now it’s available globally in 19 regions around the world via a network of 52 Alibaba data centers.

Alibaba cloud came into existence in 2009. Currently, has become a potential top-tier supplier of cloud services in China and the third largest cloud service in the world.

The e-commerce giant has been investing in blockchain technology since 2017 and it reportedly held 10 percent of all the blockchain patent in the world. In 2017, a staggering 406 blockchain patents reportedly came from China including the patents from Alibaba.

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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