An employee works at a reception counter in the lobby of the Ant Financial headquarters in Hangzhou, China, Oct. 17, 2019. Photo: Bloomberg

Alibaba payments arm Ant launches new technology brand to help speed up digital transformation of traditional industries

  • The AntChain workstation, similar in size to a laptop, speeds up blockchain applications via built-in software and a dedicated hardware accelerator
  • As of mid-May, China held 19 per cent of the world’s total of 3,924 blockchain patents, ranking No. 3 after the US and South Korea
Topic |   Fintech
An employee works at a reception counter in the lobby of the Ant Financial headquarters in Hangzhou, China, Oct. 17, 2019. Photo: Bloomberg
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