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Alibaba Files for a Blockchain Transaction System in Brazil

Published 03/11/2020, 06:06 PM
Updated 03/11/2020, 07:40 PM
Alibaba Files for a Blockchain Transaction System in Brazil
BABA
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Chinese e-commerce giant Alibaba (NYSE:BABA) has registered a blockchain-based system patent in Brazil under the category of "insurance," "financial business" and "monetary business,” according to the March 10th edition of the Industrial Property Magazine (NPI).

As reported by the NPI, the name of the mechanism is “Ant Unicorn.”

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