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Alibaba Cloud Launches A Global Blockchain Service

October 29, 2018 / Dennis Sahlstrom

The cloud computing part of China’s largest online retailer Alibaba has announced that they have expanded their blockchain as a service (BaaS) beyond their domestic borders.Alibaba’s statement disclosed that BaaS would be offered to major global markets including South East Asia, The U.S. and Europe. Alibaba Cloud’s blockchain service provides an enterprise-level platform service based on blockchain technologies and helps customers build a secure and stable environment for blockchain implementations. Alibaba Cloud provides a comprehensive suite of cloud computing services to businesses worldwide, including merchants doing business on Alibaba Group marketplaces, start-ups, corporations and government organisations. Alibaba Cloud is the official Cloud Services Partner of the International Olympic Committee. Officially launched last year in October, some of the applications that the Blockchain as a Service offering of Alibaba supports include smart contracts, consortium ...