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- The FinTech Company affiliated to Chinese Alibaba Group, Ant Financial introduces a blockchain platform to support small businesses and developers to expand their services.
- The Ant Financial’s General Manager of blockchain platforms Jin Ge stated that with the launch of the OpenChain platform, the company aims to support over a million SMEs and developers to transform more use cases for the coming three years.
- The CEO and Founder of WhireMatrix notified that the platform is cost-effective, provides significant blockchain development services and reduces the barriers for developers to penetrate the market.
The FinTech Company affiliated to Chinese Alibaba Group, Ant Financial introduces a blockchain platform to support small businesses and developers to expand their services.
OpenChain a venture for small businesses and developers
This blockchain named OpenChain offers small businesses and developers smart contracts and willingly available modules that help them to build trust while cooperating with other parties. This includes dApps for supply chain finance, decentralized games, copyright protection, charitable donations and many more.
The Ant Financial’s General Manager of blockchain platforms Jin Ge stated that with the launch of the OpenChain platform, the company aims to support over a million SMEs and developers to transform more use cases for the coming three years.
Jin claimed that in the country, the largest productivity via blockchain platform runs through the banks with the capability to support over one billion users’ accounts and transactions every day.
OpenChain to build smart contracts
WhiteMatrix, an entity that works for enterprise blockchain services and individual services is using the OpenChain platform to build smart contracts. The CEO and Founder of WhireMatrix notified that the platform is cost-effective, provides significant blockchain development services and reduces the barriers for developers to penetrate the market.
The FinTech giant has moved on Twitter to introduce the exclusive platform that says the small business and developers partners can easily develop blockchain-powered applications that are cost-effective with the use of the exclusive OpenChain platform.
At only $14 a month, our small business and developer partners can easily and cost-effectively build #blockchain powered applications with our #OpenChain platform — making #blockchain inclusive for everyone https://t.co/tc7P01Q8zb
— Ant Group (@AntGroup) April 16, 2020
Ant Financial is known as the highest valued Fintech Company in the world with a valuation of $150 billion. This leading fintech’s 33% stake is acquired by Alibaba in banking behemoth.
