China’s Alibaba Partners With Chinese Software Giant to Promote Blockchain Development
Cointelegraph
Published Mar 21, 2019 01:24PM ET
Updated Mar 21, 2019 01:43PM ET
China’s Alibaba Partners With Chinese Software Giant to Promote Blockchain Development
Chinese e-commerce conglomerate Alibaba (NYSE:BABA) and Aerospace Information Co., a major software developer and provider, have signed a strategic cooperation agreement for cloud computing, blockchain and other technological services development. Chinese finance publication Securities Daily reported on the deal on March 21.
The two parties have agreed to take advantage of their respective brand technologies “to actively integrate resources and carry out in-depth cooperation” in in the fields of cloud computing services, finance and taxation, government affairs and blockchain technology, among others.
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