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Alibaba Founder and China's Richest Man Jack Ma: Digital Currency Could Redefine Money

Alibaba Founder and China's Richest Man Jack Ma: Digital Currency Could Redefine Money

Alibaba founder and China's richest Jack Ma says digital currency could redefine money and digital currency is the core of future finance.

Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs

Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs

Ant Blockchain Open Alliance, an enterprise blockchain platform by Chinese financial giant Ant Financial, is purported to aid SMEs in generating their own blockchain applications at minimal costs.

Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project

Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project

Ant Financial, an affiliate of Alibaba the e-commerce giant is making efforts to increase the scope and accelerate its charity project which happens to be a blockchain initiative.

McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

Mcdonalds has been named along with coffee giant Starbucks as one of the 19 restaurants that will be first to try out China’s Digital Yuan in the new district of Xiong’An.

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

Ant Group priced its dual listing on the Hong Kong Stock Exchange and Shanghai's Star Market at 80 Hong Kong dollars ($10.32) and 68.8 yuan ($10.26) per share respectively,

Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain

Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain

Alibaba subsidiary Ant Group CEO Simon Hu is accelerating Alipay’s progression into an online mall for commerce, food, travel services to rival Tencent Holdings Ltd.

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Xi Jinping will publish an article entitled "Several Major Issues in the National Medium and Long-term Economic and Social Development Strategy“ on November 1 on Qiushi Journal. In the article, he mentions the digital economy and digital currency

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Following the suspension of its IPO, whether Ant Group will manage to restructure itself, to meet China's new tightened regulatory requirements still remains anyone’s guess.

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

The US State Department recently submitted a proposal to add Ant Group to a trade blacklist, inhibiting the fintech giant’s business operations within the US.

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