This cooperation is a positive news to blockchain and crypto, a big company like Alibaba will make blockchain become more popular and more useful in real life. This project is really worth to follow, but not to invest in. Right now, this project still under control of China goverment and they can shut this project down anytime they want. I suggest to follow this project technology and do not invest this moment.
Project like this will also exposed the potentials of regulating crypto if in case they are planning to have a integrations after adopting blockchain system to
their business. We know how keen Chinese government in terms of controlling businesses. It's a good sign for more exposures since crypto is being noticed
all around the world, Blockchain will be the deliverer of many businesses to embrace cryptocurrencies.