Post
Topic
Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
vicamour
on 12/12/2019, 20:12:27 UTC
So Credits and Alibaba partnered up together to develop a transparent blockchain powered Smart Payment Service. Is the process difficult to use for common people?
I think the process is not that difficult, even common people can do it. The whole process kinda looks like this :
1. Sign up an account on Alibaba Cloud
2. Get an access to virtual computing environment that includes the CPU, memory, OS, bandwidth, disks, and other basic computing components in the Elastic Compute Service
3. Install git on Alibaba Cloud instance
4. Install Credits node software
5. Set up environment variables
6. Connect your application to Credits network

Yeah simple as that
that's really simple and common people can understand it easily. but the question is that feature can be used to do another transaction other than logistic transaction? the real expansion by credits to the chinese market looks a very big step and i glad to see the implementation has already started.
based on my opinion the smart payment service is still focused on logistics transaction for now but by seeing the benefit they provide, perhaps they will implement the technology to other industries in the future