ChainDD Exclusive | Alipay "Open Alliance Chain" Opens All Capabilities to SMEs

Abstract : Alipay Ant Blockchain formally launched the "Open Alliance Chain" for SMEs on April 16th. SME developers can develop related blockchain applications based on the Ant Open Alliance Chain and jointly build the future of the digital economy with the Ant Blockchain.

ChainDD
ChainDD

Apr 22

After nearly 4 months of public testing, on April 16, 2020, the Alipay Ant Blockchain team made a big decision: formally launched the "Open Alliance Chain" for SMEs. Started from April 16th, SME developers can develop related blockchain applications based on the Ant Open Alliance Chain and jointly build the future of the digital economy with the Ant Blockchain. This means the "Open Alliance Chain" has officially moved from public beta to commercialization.

According to Jin Ge, general manager of Ant Blockchain Platform Product Department, Ant Blockchain "Open Alliance Chain" can reduce the threshold of enterprise blockchain development from one million to one thousand yuan, shortening the time of building a chain to the fastest one minute. At present, dozens of solutions are deposited on the Open Alliance Chain, covering supply chain finance, logistics, charity and other scenarios. Developers only need to select the corresponding module according to business characteristics before deploying quickly.

"The Open Alliance Chain will provide small and medium-sized customers with access to the ant industry alliance chain and open up the ant blockchain business network." This means that as a secondary product of the ant blockchain, customers of the open alliance chain will share the ecological resources of the ant blockchain and the ecological resources of the entire Ali economy. 

From what ChainDD has learned, the ant blockchain Open Alliance Chain plans to create a prosperous ecosystem of rich contract templates and multi-scenario DApps on the content level. "We will gradually open up the past applications in finance, retail, copyright, justice, life, etc. to serve the majority of SMEs and developers." Jin Ge said at the press conference that the first step in Open Alliance Chain will be “opening life on the chain”, which means to promote those small and beautiful applications to bring more value to thousands of SMEs and developers on the chain.

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