Hello steemian@cryptoracer with a positive news: Alibaba founder and e-commerce guru, Jack Ma, said “bitcoin is the bubble and not blockchain." at the World Intelligence Congress in Tianjin.
During his address at the conference, Ma revealed that Alibaba focuses solely on blockchain implementation. The Alibaba official additionally went to state that blockchain was the genuine innovative leap forward that would drive the coming advanced upset.
He recognized the innovation behind cryptos as having the monstrous potential for a wide range of business forms. Mama additionally uncovered that his organization was investigating a few blockchain applications. Alibaba is putting resources into information security and protection arrangements based on the blockchain. Such is the degree of the organization's exercises in the field that it by and by holds the most number of blockchain-related licenses on the planet.
On the other hand, he expresses that"BITCOIN IS A BUBBLE"Regarding the matter of bitcoin, Ma incidentally called the world's most famous and secure blockchain, i.e. Bitcoin, an air pocket. Previously, the Alibaba author had demonstrated an absence of enthusiasm for Bitcoin. Has even already said that he knows little in regards to the crypto inclining toward just to center around the blockchain.