News – CCN
Alibaba Subsidiary Reports Successful Use of Blockchain Technology for Logistics Data
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Lynx International, a subsidiary of the Chinese e-commerce monolith Alibaba, recently announced that it has successfully integrated blockchain technology into the company’s cross-border logistics business. According to the company, its blockchain-based system keeps track of all relevant information regarding an imported shipment, including details about production, transport method, customs, inspection and third party verification. The …
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