Alibaba began to cooperate with a large IT company to jointly develop blockchain

The Chinese alibaba e-commerce giant and the major software developer Aerospace information signed an agreement on strategic cooperation in the development of blockchain, cloud computing and other technologies.

Companies agreed to jointly use the available resources and technology of both parties to close cooperation in order to improve not only information services, but also services in the field of finance, taxation, public affairs. Partnership provides for research, development and integration of new products.

Representatives of Aerospace Information say they plan to form new blockchain-solutions, combining DLT with cloud services and as a whole promote the development of decentralized technologies.

This is no longer the first case when Alibaba is interested in the potential of a distributed registry. Recently, the company reported plans to integrate the blockchain into a chain of international supplies associated with local authorities, and in October last year she filed