Alibaba Looks To Implement Blockchain For Its Complex Supply Chains

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Alibaba subsidiary Tmall Global announced that it would be launching a pilot project on Blockchain that will help in tracking imported goods and verify its authenticity. With the intervention of Blockchain technology, all the essential information about products will be stored in the ledger. The customer using those products can scan the QR code present on it and can easily trace the entire history of the product of their choice.

An excerpt from Blockchain Council