Alibaba e-Commerce giant t-Mall platform uses blockchain technology in its cross-border supply chain, with the assistance of Cainiao logistics company.
According to a report by Chinese news Agency Xinhua on Wednesday, the partners aim to transfer information about the goods for import and export on the blockchain, to trace their https://in35.com/ origin, method of delivery, ports of departure and arrival and details of the customs statements.
Alibaba, an investor of Cainiao, has repeatedly expressed the belief that the blockchain has a significant potential, which should be adopted by the field of cross-border e-Commerce.
According to the organizers, the project will allow Chinese consumers from various cities within the scope of Cainiao, including Shanghai, Guangzhou and Shenzhen, to trac...
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