• DGPI Global Ltd

E-commerce giant Alibaba announces its business blockchain service for Asia, US, and EU.

Alibaba Cloud has taken its Blockchain as a Service (BAAS) suite of products global.

The service, that uses Alibaba’s own Ant Blockchain platform alongside technology from IBM’s industry-leading Hyperledger Fabric network, was initially launched, for China only, in October 2017. This week Alibaba Cloud, the Chinese e-commerce giant’s cloud computing arm, announced the service is now also available across Asia, the US and Europe.

The service offers “an enterprise-level platform service based on leading blockchain technologies,” that, according to Alibaba, “helps customers build a secure and stable environment for blockchain implementations.”

The overall aim of the platform, said Yi Li, Senior Staff Engineer and lead of Alibaba Cloud Blockchain Service during the launch announcement, is to “become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation.”

The BAAS offer includes what Alibaba describe as an “automatic deployment” service as well as the creation of blockchain management systems and smart contract and user certificates. The platform can, say its developers, also aid the development of “software development kit applications” while delivering a range of “monitoring, operating, and maintenance functions.”

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