Blockchain-Based Supply Chain Model Is On Trial In Alibaba

Blockchain Technology Market

A pilot test has been launched by Alibaba’s Food Trust Network by using a blockchain-based model. The aim of the pilot test is to enhance the company’s supply chain traceability and transparency. The CEO of Alibaba Group, Daniel Zhang explained, the pilot test is also an effort to protect its product authenticity in the market and to provide a highly reliable marketplace for its customers.

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