The cryptocurrencies increasingly occupy a fundamental place in the economy of our countries. Something that has been driven by the integration of the chains of blocks in the processes of several of the major companies in the world. However, sometimes optimism can cloud a clear vision of the panorama on the part of the crypto community. That is what seems to have happened with Alibaba and Lolli.
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The technology Blockchain business
The technology Blockchain is revolutionizing the world in which we live. Changing the way that we perform the processes of business and government in all countries. Making them faster, more efficient and transparent. Transforming as well, therefore, the global economy. With its many uses in the financial sector, industrial, agricultural, educational, etc., The Blockchain is being incorporated by several of the organizations most powerful in the world. Which is aware of the possibilities that would open up this technology. Thus, we see virtual currency as XRP from Ripple by establishing alliances with the Banco Santander, MoneyGram and other major financial institutions. At the same time, Corda, the rival group of Ripple, and wider each time more their own Blockchain business called Marco Polo. These possibilities are also observed by governments all over the planet, which would be to strengthen its capabilities in technology Blockchain. Getting ready to launch their own virtual currencies, or simply be in a better position. Looking ahead in the new world that is shaping the crypto revolution.
Alibaba does not accept Bitcoins
However, the incorporation of technology Blockchain should not be confused with the use of cryptocurrencies. Therefore, the criptoactivos are not yet universally accepted by private companies or governments. As evidenced by the conflict of Alibaba with the purchase application, Lolli. Apparently, Lolli was offering rewards in Bitcoin for u.s. users to buy items on Alibaba, the “Day of Bachelors”. To what Alibaba has responded by declaring that Lolli had no right to use your name in their advertising. “One of the contractors of Alibaba.com hired a subcontractor who negotiated a marketing program with Lolli. This was done without the knowledge of Alibaba.com. The contractor Alibaba.com is ending the relationship with the subcontractor that I worked with Lolli. As a result, Lolli, should no longer promote or bring traffic to Alibaba.com“ explained a spokesman Alibaba.com to CoinDesk. However, during the time that Lolli kept its offer on the application. Several means of cryptocurrencies reviewed the story so wrong. Indicating that Alibaba would be accepting Bitcoins as payment on their platform. This would have been a bad interpretation of the situation motivated by optimism. That reminds us of the care that we have with information we obtain. What makes this news to our Fact of the Day here in CriptoTendencia. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.