A subsidiary of Alibaba, Ant Financial (formerly AliPay), has successfully carried out a trial money transfer through the blockchain. The company plans to expand the coverage of the service on a global scale. It is reported Bloomberg.

The company managed to translate a certain amount, the size of which does not specify between accounts AliPayHK (Hong Kong) and developed in collaboration with Globe Telecom’s GCash (Philippines).

Alibaba CEO Jack MA (Jack Ma) announced that in the future, Ant Financial plans to provide the presence service in the world market.

“The use of the blockchain for cross-border money transfers — one of the projects that I gave most of my attention over the last six months. Starting with Hong Kong, the service (AlipayHK) in the future will be available the rest of the world,” said MA.

He continued:

“The blockchain should not be just a technology to get rich over night… In the world still live in 1.7 billion people who do not have Bank accounts, but most of them have mobile phones. The impact that the blockchain will have on our future, it may be unimaginable”.

Active development of blockchain technologies by Ant Financial hard to call amazing: last month it became known that the company has secured $14 billion of its own reserves for the project to create the blockchain. Himself Jack MA retains his positive attitude to DLT; however, as it became known in may, the entrepreneur still considers the bitcoin bubble.

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