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Showing 7 of 7 results by alexy1901
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Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
alexy1901
on 17/12/2019, 14:47:36 UTC
Quote from: ajeef on December 17, 2019, 02:15:32 PM
Quote from: yaeger1919 on December 17, 2019, 02:10:45 PM
Quote from: joshuabrown_ on December 10, 2019, 03:51:07 PM
Do you guys think with the collaboration of the Credits and Alibaba it will bring a massive impact to industry?
I think it will has a big impact, the reasons are Alibaba is one of the big companies that has a big influence on the economic sector in China and the other reasons that many people use the services of the Alibaba to buy goods

It could be a threat also for the cryptocurrency industry. If china succeed to develop their own blockchain and alibaba use it and force the worldwide buyers to use it if they want to buy some stuff at alibaba, china's blockchain payment will dominate the world payment and i'm sure people will leave cryptocurrency and bitcoin.
So, it's like double-edge sword ? it can be both a potential and a threat ? seems it's like can be a serious problem for cryptocurrency world
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Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
alexy1901
on 17/12/2019, 13:38:21 UTC
Quote from: yaeger1919 on December 17, 2019, 12:37:56 PM
Quote from: luppecuppe on December 16, 2019, 11:31:06 PM
Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.
Yeah, cause of the algorithm changed which means the process will be changed too and I think it need more time than 1 year to finish all of its
New algorithm means a change in system development which is a big change for the company and requires long planning to make it happen and the time is quite long
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Topic
Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
alexy1901
on 17/12/2019, 10:43:43 UTC
Quote from: yaeger1919 on December 17, 2019, 09:07:12 AM
Quote from: MichaelMcDonald on December 14, 2019, 02:14:47 PM
Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
Actually, I prefer cryptocurrency rather than digital money based on security and flexibility. But, it can't be applied in society because changes in exchange rates and the timing of changes are very large and very fast
Yeah, because of those reasons it really hard to be applied in the community Even though I strongly agree with cryptocurrency rather than digital money
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Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
alexy1901
on 09/12/2019, 23:26:46 UTC
Quote from: yaeger1919 on December 09, 2019, 06:38:29 PM
Which type of blockchain is more secure to use ? centralized or decentralized ?
I think decentralized blockchain is more secure because on decentralized blockchain you can install software nodes as the guarantor of the data's safety and validity
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Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
alexy1901
on 09/12/2019, 14:28:35 UTC
Quote from: yaeger1919 on December 09, 2019, 08:56:12 AM
I saw at https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585, I just want to asking, how big is the impact of the smart payment service to us as the customers ?


I think it's really helpful for us, smart payment service provide safe transactions between us (as the buyer or seller). So we don't have to worry (again) when we have to do a transaction, that's one of the best innovations I ever seen
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Topic
Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
alexy1901
on 08/12/2019, 23:37:15 UTC
Quote from: yaeger1919 on December 08, 2019, 04:56:59 PM
I read that about the current model of operation of 3PL solutions is entirely centralized, why no use "decentralized" system ? how big is the different centralized with decentralized system ?

I think, centralized system is like all parts/sections connected to a central network and the decentralized one is like they use multiple central network, so they don't have one central owner. And for the different, maybe they are opposition to each other   
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Topic
Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
alexy1901
on 07/12/2019, 23:32:04 UTC
Quote from: yaeger1919 on December 07, 2019, 03:31:29 PM
Tbh what kind of goals between Credits with Alibaba want to reach after they doing collaboration ?
I think they want to solve some issues in the logistics market using blockchain technologies, like payment service maybe or anything else