Why did Jack Ma restart the secret project 19 years ago?

The project that Jack Ma restarted this time is called AntChain. The reason why it has not started until now is that the time is ripe, and the project was put on hold because of the lack of core technology at that time.

Many people may not be familiar with this project, the so-called AntChain is actually to provide convenience for many small and medium-sized enterprises, they are more convenient in export, only a few simple steps can be done. Nowadays, people's lives are getting better and better, and many people are exporting abroad, but payment has become a problem. The first pilot of this project is a woman from Hubei who has been working with Mexican ** glass products for so many years and also has an office in Yiwu.

In the past, it took a week to receive the other party's payment, and there was a lack of trust between each other, but now using this platform, you can receive the other party's payment on the second day, which is a lot more relieved.

In the early days of Jack Ma's business, he had set up a rough framework for this project, but the problem of international trust has been difficult to solve, and now that Alibaba is getting stronger and stronger and has gone global, this problem is gradually being solved. Seeing this, many people couldn't help but exclaim, they didn't expect Ma Yun to be so smart, and a project 19 years ago has not fallen behind at all. Jack Ma is indeed a prescient businessman, and he dares to work hard for his own ideas and put practical actions, otherwise how could he achieve what Alibaba is today?

After the completion of this project, it has brought convenience to many domestic small and medium-sized enterprises, and everyone only needs a few simple operations to get convenience, and no longer have to worry about the other party not paying. At present, this project has begun to be commercialized and has obtained benefits, I believe that it will not be long before it will enter the world, bringing convenience to more entrepreneurs, and also making the development of the first better and better, and small and medium-sized enterprises to get more benefits.

Jack Ma's "blockchain" project requires strong basic support, which once fell short of this standard, and now it seems that the time is ripe.

Because Ma Yun feels that digital development has made it easier for enterprises, but the complexity of the B2B international process has not been reduced, and the trust problem between buyers and sellers is still the core obstacle that hinders the current cross-border **, Alibaba B2B company tries to solve this kind of problem with a model similar to intermediate guarantees.

His confidential project is AntChain, because the international market was more complex in the past, and it was difficult for him to implement this project, but now the time is ripe, and he has been able to adapt to his project well.

Because now the conditions are ripe to start the project. This project is a financial service platform applied to international e-commerce, and its implementation relies on blockchain technology, which was immature in the past and has now reached the point where it can be applied.

Because AntChain now has the conditions for implementation. AntChain has high technical requirements, and it has not met the conditions for implementation until now.

Because blockchain technology has solved the needs of international trust, Jack Ma's project was suspended 19 years ago due to immature conditions for various reasons. Now Jack Ma's talents are as fierce as a cloud. Technology has solved Jack Ma's original problem.

Because now the time is ripe. Now the market has been perfected and mature, and all aspects of technology can also be achieved, so it has been restarted.

Trusple, a financial services platform for international e-commerce. The reason for the restart now was that the complexity of the international market at the time made its implementation difficult, so it had to be put on hold and only restarted today. It is because the current international market can give Trusple more room for development and better meet today's needs.

Yes. On the afternoon of September 25, Jiang Guofei, vice president of Ant Group and president of the Intelligent Technology Business Group, was at the Bund conferenceLaunch of Trusple, a new international** and financial services platform. It is reported that trusple, like Alipay's predecessor "guaranteed transaction", was born to solve the problem of transaction trust.

19 years ago, Jack Ma tried in the international B2B business, but it was shelved due to the complex cross-border environment, and now it is officially launched with new technologies.

19 years ago, in 2001, in the face of the problem of mutual distrust between buyers and sellers in foreign trade transactions, Alibaba B2B tried to solve the problem with a model similar to intermediate guarantees, but because the transactions between enterprises and enterprises are much more complex than those between individuals, the payment methods and logistics methods are very different, and this method ended up in vain. Until 2003, this model was used in the C2C business**, which was the origin of Alipay's birth and promoted the vigorous development of the entire e-commerce industry.

Nowadays, digital development has made it easier for enterprises**, but the complexity of the B2B international** process has not decreased, and the trust between buyers and sellers is still the core obstacle that hinders cross-border ** today. However, the advent of blockchain provides new technical solutions.

Jack Ma's secret project was restarted 19 years ago, and it was shelved beforeBecause transactions between businesses and businesses are much more complex than between individuals, payment methods and logistics methods vary greatly

In 2001, faced with the problem of mutual distrust between buyers and sellers in foreign trade transactions, when Ma Yun founded Alibaba B2B, he tried to solve it with a model similar to intermediate guarantees, but because the transactions between enterprises and enterprises are much more complex than those between individuals, the payment methods and logistics methods are very different, and this method ended up in vain. Today, the advent of blockchain offers new technical solutions.

On the afternoon of September 25, Jiang Guofei, vice president of Ant Group and president of the intelligent technology business group, revealed when he released the trusple platform at the Bund conference, "The trusple platform uses blockchain technology to restart a confidential project within us 19 years ago, and solves the trust problem between international buyers and sellers." ”

This project is the AntChain trusple platform.

Many people saw such a piece of news when they turned on their mobile phones, but they didn't expect a project of Jack Ma 19 years ago to easily appear on the hot search. Ma Yun has now become a well-known and well-known figure in China, and the reason why he can achieve today's success is because he can persevere, have foresight, dare to take action, and can see business opportunities that many people can't see. This time he started a project 19 years ago, but he didn't expect it to suddenly start now, and this time the project is called AntChain.

Many people may feel familiar when they first hear this name, but they can probably guess one or two, after all, many people have used Ant Huabei. So what exactly does this antchain do? Why didn't it start back then?

This has to start from 2001, when people's lives were getting better and better, and they began to think about how to make money. China and foreign countries are gradually developing, but they are facing the problem of mutual distrust. Jack Ma's project is to guarantee each other, which is equivalent to building a bridge.

Because the docking of enterprises and enterprises is inherently troublesome, the project was put on hold. This time, the project was launched again, and a woman from Hubei became the first pilot of the project. This lady's main task is to send ** glass products to Mexico, which used to take a week to receive the payment from the other party, but now it can be received on the second day.

The operation steps are very simple, and it is more convenient and fast, and it also avoids the situation that the other party does not pay.

In fact, this project can well solve the docking between enterprises and enterprises, better develop each other's business, and improve the development of domestic business level, which is simply beneficial and harmless. One of Jack Ma's projects has easily solved the problems that many entrepreneurs have solved for many years, and more and more small and medium-sized enterprises have joined this platform, hoping to bring more convenience to everyone.

A financial service platform for international e-commerce. This project is deeply dependent on the blockchain, so it was launched today when the blockchain technology is becoming more mature.

This project is Trusple, a new platform for AntChain technology, that is, a financial service platform used in international e-commerce.

This project is a new platform for AntChain technology: trusple, a financial service platform for international e-commerce.

The result of this project is a new platform for AntChain technology: trusple, a financial service platform for international e-commerce.

A blockchain application for cross-border**.

This application, according to the press conference, is to solve the cross-border **, high payment cost and long time. There is a possibility that the parties will be in arrears of payment.

It is understood that it is a real estate project, and there may be a lot of new demand for this project, and Jack Ma can really alleviate everyone's needs at this time.

At the same time, this project has also brought more possibilities and development potential for small and medium-sized enterprises in cross-border development, and some small enterprises said that after the launch of this project, their average profits will rise by at least 30% every year, and then it will be higher. Each of Ali's projects does not disappoint and is often a blockbuster.

It's a bit of a gimmick. Regardless of whether this idea was already 19 years ago, but the emergence of blockchain technology has only been more than 10 years, it can only be said that one of Ma Yun's ideas back then was similar to the current blockchain, and the layout was a bit big 19 years ago.

Now that the time is ripe, this restarted project can make it easier for many companies to sell abroad and increase the sales of domestic and foreign exports.

I think Jack Ma is too thoughtful. Ma Yun restarted the projects that he was not able to do before, and he has been working hard to do research, and I think Ma Yun is too thoughtful.

I think that as a company leader, the decision-maker has this vision, and it is more advantageous to start the project when it will be, so there is no need to doubt it.

Ma Yun saw that this era had developed to the present, and when the time was ripe, he restarted his confidential project.