Ant Financial has started testing its own blockchain platform designed to support small and medium-sized businesses.
Ant Financia’s director of technology and business innovation, Jili Lee, has announced the start of trials for the Ant Blockchain Open Alliance enterprise platform, set to launch in three months. According to him, the project is designed to help businesses reduce costs, increased cooperation with the client base.
Although the blockchain platform will be open to developers and organizations, the company will be wary of the choice of nodes. Therefore, at consideration by operators, preference will be given to reputable educational and certified institutions.
Asia Enterprise Blockchain Week | Day 1: Blockchain-as-a-Service (BaaS)
Partners will be based on classification criteria regardless of their actual geographic location. The leadership has not yet names the attracting members of the consortium.
Recall that in March, Alibaba Group signed an agreement with the software developer Aerospace Information on strategic cooperation in the development of blockchain and cloud computing.
text: Ivan Malichenko, photo: infoq
EY Singapore / Asia Pacific Blockchain Summit – February 2021