Hangzhou puts company seals on Ant Group blockchain

By Eliza Gkritsi

China’s first blockchain application platform for electronic company seals went live in Hangzhou on Friday, built using Ant Group’s Blockchain as a Service, the Alibaba-affiliated fintech giant said in a press release.

Why it matters: Official comp…

Alibaba and COSCO team up on blockchain and shipping

By Eliza Gkritsi

Alibaba has teamed up with Chinese shipping giant COSCO to bring blockchain technology to the shipping industry, the company said on Monday.

Why it matters: Blockchain could streamline the complicated logistics involved in maritime transport, inclu…