Lucinda Shen — Alibaba’s Ant Financial Just Launched a Blockchain-based Remittance Service

Summary:
Though Alibaba co-founder Jack Ma may think Bitcoin is in a bubble, the firm still believes in blockchain, the technology underlying cryptocurrencies. Ant Financial, Alibaba’s 0 billion financial affiliate, launched a blockchain-based service that lets Hong Kong’s large Filipino working population send funds to family back home quickly and securely. For now, the program is in a three-month trial period during which transaction fees will be waived.... FortuneAlibaba's Ant Financial Just Launched a Blockchain-based Remittance Service Lucinda Shen

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Mike Norman considers the following as important: Alibaba, blockchain, Jack Ma, remittance system

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