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chain technologyRead our report on the future of distributed ledger (or block chain) technology https://www.gov.uk/government/publications/distributed-ledger-technology-blackett-review published: 19 Jan 2016 The
Blockchain Technology Explained - The real value of blockchains and crypto currency technologyThe Blockchain of Things uses the power of the underlying cryptocurrency protocol to enables transactions, secure messaging, governance, chain
of custody and disintermediation of trust. Crucial elements for the success of devices on the Internet of Things (IoT) and the industrial internet. published: 11 Nov 2015 Open
Blockchain Tech TalkIBM Open Cloud CTO Chris Ferris and IBM Blockchain Solution Architect Anthony O’Dowd provide an overview of Open Blockchain, IBM’s contribution to the digital ledger technology that’s
changing the way business transactions happen. See charts, transcript, Q/A here: https://developer.ibm.com/open/videos/open-blockchain-tech-talk/ See more videos of developerWorks Open Tech Talks here: https://developer.ibm.com/open/videos/ published: 11 May 2016 The
real value of bitcoin and crypto currency technology - The Blockchain explainedBitcoin in five minutes: Blockchain technology will drastically change our lives. In the coming years, the technology behind crypto currencies such as Bitcoin will inevitably and radically change the role
of traditional trusted parties such as banks, accountants, notaries, and governments. The animated video about Bitcoin that
was released today on http://bitcoinproperly.org is the first to specifically address the technology behind Bitcoin: the Blockchain. Within five minutes, it is explained how the essential functions of the “trusted third party” can be automatized
through the Blockchain as well as what the implications of this are. From Bitcoin hype to Blockchain revolution: an internet
of trust. With the arrival of crypto currencies such as Bitcoin, everyone around the world can tra... published: 14 Oct 2014 Blockchain
- A short introductionWhat is the Blockchain? This 2 minute video explains it in a very easy way. As usual, please leave you questions and ideas in the comments. with
love your MinuteVideos Team VideoScript: Scene 1 Blockchain is a Peer to Peer software technology that protects the integrity of a digital piece of information. It was invented to create the alternative
currency Bitcoinbut may be used for other cryptocurrencies, online signature services, voting systems and many other applications. In this
video we explain how it works and what makes it special. Scene 2 Everyone uses paper money. When you get a 10 dollar bill you trust that it's not fake. If instead someone sent you an email saying "here's 10 dollars" you probably
wouldn’t trust it. But when we "transfer money", use an ATM or pay with... published: 29 Apr 2016 The
Bitcoin and Blockchain Technology ExplainedA block chain is a transaction database
shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency's block chain contains every transaction ever executed in the currency. With this information,
one can find out how much value belonged to each address at any point in history. Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from
the genesis block to the current block. Each block is guaranteed to come after the previous block chronologically because
the previous block's hash would otherwise not be known. Each block is also computationally impractical to modify once it has
been in the chain for a while because every block after it would also have to be regenerated. These properties are what make
d... published: 23 Jun 2015 How
Blockchain Technology Works | Follow My voteNathan Hourt, CTO of Follow My Vote explains how blockchain technology functions in its most basic form. Read more about Blockchain technology on our website: https://followmyvote.com/online-voting-technology/blockchain-technology/ published: 03 Sep 2015 Blockchain
Explained, What is Blockchain?http://www.patrickschwerdtfeger.com/sbi/ Blockchain is a distributed public ledger for transactions of value. It's the underlying technology behind Bitcoin but it will revolutionize the entire financial world, including real estate, stock market, insurance, retail and even
democratic voting. Anything of value can be recorded using blockchain technology, eliminating intermediaries and increasing efficiency. This video
discusses how blockchain technology works and implications for our world. This is video is based, in part, on the following
video by WIRED. https://www.youtube.com/watch?v=jbu6I-8mNUo PatrickSchwerdtfeger is an expert on global business trends including blockchain, big data and the social media revolution. He's
a regular speaker for Bloomberg TV and earns over 90% of his... published: 15 Sep 2015 Beyond
bitcoin: The future of blockchain and disruptive financial technologiesOn January 14, the Hutchins Center on Fiscal and Monetary Policy at Brookings explored the future of distributed ledger technology, paying special attention to the innovation’s
impact on financial services and policymaking.http://www.brookings.edu/events/2016/01/14-beyond-bitcoin-blockchain-disruptive-financial-technologies Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution Follow Brookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst
LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution published:
15 Jan 2016 Bitcoin
Might Fail but the Blockchain is Here to Stay | WIRED Retail | WIREDBrock Pierce: Bitcoin might fail but the blockchain is here to stay - Full WIRED Retail talk Subscribe to WIRED ►► http://po.st/SubscribeWired Bitcoin could end up being the MySpace of cryptocurrency, but the underlying technology powering new
payment methods is here to stay. That's according to Brock Pierce, a tech entrepreneur with his eyes firmly fixed on cryptocurrencies.
"By having a baseline protocol that allows you to innovate around finance, a lot of interesting things can happen,"
he says. The protocol Pierce is talking about is the blockchain -- a public, transparent ledger that gives a chain of transactions
that is secure and reliable. CONNECT WITH WIRED Web: http://po.st/VideoWired Twitter: http://po.st/TwitterWired Facebook: http://po.st/FacebookWired Google+: http://po.st/... published: 09 Dec 2014 PreviousNext
Block
chain technology- Order:
- Duration: 5:15
- Updated: 19 Jan 2016
- views: 62383
videos Read our report on the future of distributed ledger (or block chain) technology https://www.gov.uk/government/publications/distributed-ledger-technology-blackett-review wn.com/Block Chain TechnologyOpen
Blockchain Tech Talk- Order:
- Duration: 65:56
- Updated: 11 May 2016
- views: 1311
videos IBM Open Cloud CTO Chris Ferris and IBM Blockchain Solution Architect Anthony O’Dowd provide an overview of Open Blockchain, IBM’s contribution to the digital ledger technology that’s
changing the way business transactions happen. See charts, transcript, Q/A here: https://developer .ibm.com/open/videos/open-blockchain-tech-talk/ See more videos of developerWorks Open Tech Talks here: https://developer.ibm.com/open/videos/ wn.com/Open Blockchain Tech TalkThe
real value of bitcoin and crypto currency technology - The Blockchain explained- Order:
- Duration: 6:16
- Updated: 14 Oct 2014
- views: 375941
videos Bitcoin in five minutes: Blockchain technology will drastically change our lives . In the coming years, the technology behind crypto currencies such as Bitcoin will inevitably and radically change the role
of traditional trusted parties such as banks, accountants, notaries, and governments. The animated video about Bitcoin that
was released today on http://bitcoinproperly.org is the first to specifically address the technology behind Bitcoin: the Blockchain. Within five minutes, it is explained how the essential functions of the “trusted third party” can be automatized
through the Blockchain as well as what the implications of this are. From Bitcoin hype to Blockchain revolution: an internet
of trust. With the arrival of crypto currencies such as Bitcoin, everyone around the world can trade with each other without
any involvement from traditional third parties such as banks, notaries, accountants, and governments. Trade is a fundamental pillar of our economy and society, and traditional trusted parties play a crucial role in this. The
technology behind Bitcoin making all this possible – the Blockchain – ensures that the essential functions of
the “trusted third party’, are fully automatized through the internet. This way, these functions are as freely
available, accessible, and programmable as the internet itself. The animated video, available in both Dutch and English, explains how this works, also mentioning practical applications. The implications are clear: in the coming years, the role
of the traditional trusted parties will inevitably and drastically change, strongly impacting our daily lives. The creators
of this animated video invite its viewers to think about and discuss the fundamental and radical innovations made possible
by crypto currencies. Rutger van Zuidam ecommerce entrepreneur and founder of IntoBitcoin.com: “ The Netherlands have all the assets to become Europe’s Silicon Valley of financial technology. It is possible for the Netherlands to position itself favourably in comparison to the US and UK, who are currently still ahead. The technology behind crypto currencies like Bitcoin plays an essential role in leveraging
these opportunities. We hope that the animated video about the technology behind crypto currencies will positively affect
this development.” Lykle de Vries: ”Bitcoin is not the new money for internet,but it is the new internet for money, value and ownership in all forms. Crypto currencies like Bitcoin are the next step in the emancipation of all world citizens, and can help create a new dynamic
for democracy, society and economy.” About the creators The animated video is a non-profit initiative by designers Patrick Loonstra (www.patrickloonstra.nl) and Sebas van den Brink (sebasvandenbrink.nl) and entrepreneurs Lykle de Vries (ThesisOne.com) and Rutger van Zuidam ( Senanga.net, IntoBitcoin.com). wn.com/The Real Value Of Bitcoin And Crypto Currency Technology The Blockchain ExplainedBlockchain
- A short introduction- Order:
- Duration: 2:08
- Updated: 29 Apr 2016
- views: 29455
videos What is the Blockchain? This 2 minute video explains it in a very easy way. As usual, please leave you questions and ideas in the comments. with
love your MinuteVideos Team Video Script: Scene 1 Blockchain is a Peer to Peer software technology that protects the integrity of a digital piece of information. It was invented to create the alternative
currency Bitcoin but may be used for other cryptocurrencies, online signature services, voting systems and many other applications. In
this video we explain how it works and what makes it special. Scene 2 Everyone uses paper money. When you get a 10 dollar bill you trust that it's not fake. If instead someone sent you an email saying "here's 10 dollars" you probably
wouldn’t trust it. But when we "transfer money", use an ATM or pay with a deposit card that's pretty much exactly what we do. We're sending money in a digital message. Scene 3
To make sure no one's cheating or sending money they don't have, these “messages” go through a few trusted banks
that keep a record of everything. They know how much money everyone has and deduct it properly for every transaction. Scene
4 But this becomes expensive when there’s a million transactions around the world every minute. The Economist estimates that banks charged us more than 1.7 trillion dollars to process these payments in 2014. That’s about
2% of the entire world economy! With blockchain we can save a lot of this cost because it lets us send money just like sending
an email. Scene 5 Instead of sending a lot of payment information through a few servers, blockchain uses thousands of personal computers on the
internet. All transactions are copied and cross checked between every computer in a system wide accounting book called the
ledger, which becomes very safe at scale. Scene 6 Blockchain doesn’t just allow us to create safe money online, it lets
us protect any piece of digital information. This could be online Identity cards, voter ballots, contracts and many other “legal instruments”, bringing bureaucracy into the 21st century. wn.com/Blockchain A Short IntroductionThe
Bitcoin and Blockchain Technology Explained- Order:
- Duration: 6:16
- Updated: 23 Jun 2015
- views: 103477
videos A block chain is a transaction database shared by all nodes participating
in a system based on the Bitcoin protocol. A full copy of a currency's block chain contains every transaction ever executed in the currency. With this information,
one can find out how much value belonged to each address at any point in history. Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from
the genesis block to the current block. Each block is guaranteed to come after the previous block chronologically because
the previous block's hash would otherwise not be known. Each block is also computationally impractical to modify once it has
been in the chain for a while because every block after it would also have to be regenerated. These properties are what make
double-spending of bitcoins very difficult. The block chain is the main innovation of Bitcoin. Honest generators only build onto a block (by referencing it in blocks they create) if it is the latest block in the longest
valid chain. " Length" is calculated as total combined difficulty of that chain, not number of blocks, though this distinction is only important
in the context of a few potential attacks. A chain is valid if all of the blocks and transactions within it are valid, and
only if it starts with the genesis block. For any block on the chain, there is only one path to the genesis block. Coming from the genesis block, however, there can be
forks. One-block forks are created from time to time when two blocks are created just a few seconds apart. When that happens,
generating nodes build onto whichever one of the blocks they received first. Whichever block ends up being included in the
next block becomes part of the main chain because that chain is longer. More serious forks have occurred after fixing bugs
that required backward-incompatible changes. Blocks in shorter chains (or invalid chains) are not used for anything. When the bitcoin client switches to another, longer
chain, all valid transactions of the blocks inside the shorter chain are re-added to the pool of queued transactions and will
be included in another block. The reward for the blocks on the shorter chain will not be present in the longest chain, so
they will be practically lost, which is why a network-enforced 100-block maturation time for generations exists. These blocks
on the shorter chains are often called "orphan" blocks. This is because the generation transactions do not have
a parent block in the longest chain, so these generation transactions show up as orphan in the listtransactions RPC call. Several pools have misinterpreted these messages and started calling their blocks "orphans". In reality,
these blocks have a parent block, and might even have children. Because a block can only reference one previous block, it
is impossible for two forked chains to merge. How do Bitcoin Transactions Work? http://www.coindesk.com/information/how-do-bitcoin-transactions-work/ -------------------------------------------------------------------
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http://www.bitcoinproperly.org/ wn.com/The Bitcoin And Blockchain Technology ExplainedBlockchain
Explained, What is Blockchain?- Order:
- Duration: 15:40
- Updated: 15 Sep 2015
- views: 57233
videos http://www.patrickschwerdtfeger.com/sbi/ Blockchain is a distributed public ledger for transactions of value. It's the underlying technology behind Bitcoin but it will revolutionize the entire financial world, including real estate, stock market, insurance, retail and even
democratic voting. Anything of value can be recorded using blockchain technology, eliminating intermediaries and increasing efficiency. This video
discusses how blockchain technology works and implications for our world. This is video is based, in part, on the following
video by WIRED. https://www.youtube.com/watch?v=jbu6I-8mNUo Patrick Schwerdtfeger is an expert on global business trends including blockchain, big data and the social media revolution.
He's a regular speaker for Bloomberg TV and earns over 90% of his income in speaking fees. He has lectured at various educational institutions including Purdue University and Stanford University. Contact us to check availability for your upcoming event. Phone: 415-881-7530 Other prominent keynote speakers in the blockchain space include Blythe Masters, Roger Ver and Peter Smith. wn.com/Blockchain Explained, What Is BlockchainBeyond
bitcoin: The future of blockchain and disruptive financial technologies- Order:
- Duration: 113:41
- Updated: 15 Jan 2016
- views: 28451
videos On January 14, the Hutchins Center on Fiscal and Monetary Policy at Brookings explored the future of distributed ledger technology, paying special attention to the innovation’s
impact on financial services and policymaking. http://www.brookings.edu/events/2016/01/14-beyond-bitcoin-blockchain-disruptive-financial-technologies Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution FollowBrookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst
LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution wn.com/Beyond Bitcoin The Future Of Blockchain And Disruptive Financial TechnologiesBitcoin
Might Fail but the Blockchain is Here to Stay | WIRED Retail | WIRED- Order:
- Duration: 19:22
- Updated: 09 Dec 2014
- views: 57929
videos Brock Pierce: Bitcoin might fail but the blockchain is here to stay - Full WIRED Retail talk Subscribe to WIRED ►► http://po.st/SubscribeWired Bitcoin could end up being the MySpace of cryptocurrency, but the underlying technology powering new
payment methods is here to stay. That's according to Brock Pierce, a tech entrepreneur with his eyes firmly fixed on cryptocurrencies.
"By having a baseline protocol that allows you to innovate around finance, a lot of interesting things can happen,"
he says. The protocol Pierce is talking about is the blockchain -- a public, transparent ledger that gives a chain of transactions
that is secure and reliable. CONNECT WITH WIRED Web: http://po.st/VideoWired Twitter: http://po.st/TwitterWired Facebook: http://po.st/FacebookWired Google+: http://po.st/GoogleWired Instagram: http://po.st/InstagramWired Magazine: http://po.st/MagazineWired Newsletter: http://po.st/NewslettersWired ABOUT WIRED WIRED brings you the future as it happens
- the people, the trends, the big ideas that will change our lives. An award-winning printed monthly and online publication.
WIRED is an agenda-setting magazine offering brain food on a wide range of topics, from science, technology and business to
pop-culture and politics. Bitcoin might fail but the blockchain is here to stay | WIRED Retail | WIRED https://www.youtube.com/wireduk wn.com/Bitcoin Might Fail But The Blockchain Is Here To Stay | Wired Retail | WiredSend this Playlist by SMS Email this
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Blockchain Tech Ltd.- Order:
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- BITCOIN AND BLOCKCHAIN TECHBASIC DESCRIPTION OF BITCOIN AND BLOCKCHAIN TECHNOLOGY. OVERVIEW OF UTILITY AS A DECENTRALISED PAYMENT SYSTEM. HOW THE PAYMENT SYSTEM WAS BUILT.
THE OFF-SHOOTS OF BITCOIN published: 16 Aug 2016 Blockchain
Meetup at MicrosoftTalking Blockchain Tech With Microsoft If you've been keeping up with the latest blockchain news you'll know that Microsoft is jumping in deep with its Blockchain
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Blockchain Tech TalkIBM Open Cloud CTO Chris Ferris and IBM Blockchain Solution Architect Anthony O’Dowd provide an overview of Open Blockchain, IBM’s contribution to the digital ledger technology that’s
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the Next Lehman BrothersThe transparency blockchain tech offers means that all participants
– from banks to regulators – could one day have a full record of financial market activity. But would this be
enough to avert another financial crisis? Thought leaders debate. Learn more at www.coindesk.com published: 30 Sep 2016 Proof
of Good? Blockchain Tech, Civic Tech and Social ImpactHear from individuals and groups working on leveraging blockchain tech's unique properties for social impact and civic technology. How can identity be
recorded on an immutable ledger? How could a distributed database be used for education certification and verification? Can
a bitcoin mining firm pivot to be as much a cryptocurrency infrastructure provider as a force with social impact? These are
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Alibaba founder Jack Ma unveils ambitious planMission: 100 million new jobs By
Dana McCauley
He
already runs the world's biggest online shopping company, but Alibaba founder Jack Ma is not satisfied. The Chinese billionaire has unveiled an
even more ambitious plan to expand the company's reach across the globe, creating 100 million new jobs and transforming the
global economy to create a more equitable world. It may sound pie-in-the-sky, but the goal forms part of mission statement
of the US$261 billion company's visionary executive chairman. In a letter to shareholders, Ma outlined Alibaba's achievements of the
past financial year - including a gross merchandise turnover of more than $195 billion (1 trillion RMB), an "unprecedented"
figure - before looking to the future. "We have more than 430 million annual active buyers, which means
one out of every three individuals in China has made a purchase on our retail marketplaces," Ma wrote. But, he said, while proud of Alibaba's
online shopping achievements, "we want to do far more", saying that the benefits of globalisation had not been spread
evenly, but that "digital disruption will bring us closer to a level playing field for young people and small businesses". "We
are not merely trying to shift buy/sell transactions from offline to online, nor are we changing conventional digital marketing
models to squeeze out a little additional profit," he wrote. "We are working to create the fundamental digital and physical
infrastructure for the future of commerce, which includes marketplaces, payments, logistics, cloud computing, big data and
a host of other fields." The Alibaba group of companies, founded in 1999, accounts for 60 per cent of all
Chinese online sales, and this year overtook Walmart as the world's largest retailer. It has made Ma the second richest man in Asia, with a net worth of US$28.5 billion. THE NEW 'NATURAL RESOURCE' It's through cloud computing that Alibaba aims to expand its reach, and the company has been investing in
the technology as part of a strategy that sees shoppers' data as the contemporary equivalent of mineral riches. "Over the next 30 years, with computing
power as the new 'technology breakthrough' and data as the new 'natural resource,' the landscape of retail, financial services,
manufacturing and entertainment will be transformed," Ma wrote, forecasting a decades-long period of transformation. "The internet revolution is a historical
inflection point, much like when electricity was introduced, and it may have an even greater impact," he predicted. Alibaba's
mission, he said, was to "empower merchants with the ability to transform and upgrade their businesses for the future"
and "help companies all over the world to grow". "We believe, the commerce infrastructure we have created in China
- marketplaces, payments, logistics, cloud computing and big data, all working in concert - can be applied on a global scale
to lift up small and medium businesses and ordinary consumers around the world." Eight years after launching, Alibaba Cloud
hosts 35 per cent of Chinese websites, while delivering cloud computing and big data services. '100 MILLION NEW JOBS' Ma said Alibaba was constantly adapting to the changing e-commerce environment,
as staying at the forefront of innovation was key to its continued success. "In the coming years, we anticipate
the birth of a re-imagined retail industry driven by the integration of online, offline, logistics and data across a single
value chain," he said. "With e-commerce itself rapidly becoming a "traditional business,"
pure e-commerce players will soon face tremendous challenges." A shift to mobile revenue was one such
change, he said, with mobile climbing from a single-digit percentage to three-years of total revenue from Alibaba's Chinese
retail marketplaces, in the space of two years. "This is why we are adapting, and it's why we strive to play a
major role in the advancement of this new economic environment," Ma said. Innovations like Alibaba's Qianniu app,
which helps online businesses to improve sales and marketing while enhancing efficiency, were an example of the type of projects
the company aimed to focus on. "In 20 years, we hope to serve two billion consumers around the world, empower
10 million profitable businesses and create 100 million jobs," Ma said, adding: "This will be an even more difficult
journey than the one behind us." - news.com.au LISTEN : Newstalk ZB Political Editor Barry Soper speaks to Andrew Dickens on KPMG Early Edition Mr Ma
- who's worth around $50 billion - met with John Key in Beijing late yesterday. He made his money through founding the
online commerce platform Ali Baba. Standing alongside the Prime Minister, he heaped praise on the country,
which he says is loved by many Chinese. "At least 20 of my colleagues retired from Ali Baba. They're
all very young, in their 40s, they all go to New Zealand." "I asked what they do
apart from the golf and green things and they say it's the people there." It wasn't all
social, with the Chinese billionaire also talking business. Jack Ma told the entrepreneurs luncheon Kiwi businesspeople
find it difficult to access the Chinese market. Mr Ma said he wants to make that easier with his
multi-platform organisation. "We have Ali Baba University. We would either have courses in
New Zealand or invite the entrepreneurs in New Zealand to stay in China for two weeks for training." "The
second is that we're going to open an Ali Baba business embassy next year in New Zealand." John Key
is in China meeting business and political leaders.
Innovation is a key driver for economic development and social progress and small business is one of the best ways
for people to express their willingness and capability to innovate. Pervasive business ownership has, therefore, been
the foundation in many societies for the continued improvement of people’s economic wellbeing. In the People’
Republic of China, however, private business ownership was prohibited between 1957 and 1978. Productive innovations were extremely
restricted and as a consequence, China’s economy was on the verge of collapse by the end of 1978. The Chinese people
had suffered a historic setback. Alibaba’s growth, driven by unleashing grassroots entrepreneurship, has become an exemplar of China’s
innovation in the 21st century. Started by 18 young people in 1999, Alibaba has grown into a giant global internet platform
and has made many invaluable contributions to China’s progress. Highlighting the importance of pervasive small
business ownership in unleashing grassroots innovation and improving economic wellbeing, Professor Lowrey will discuss Alibaba’s
innovative strategies and explain the economic theory behind its inspiring success. Dr. Ying Lowrey is Professor of Economics at Tsinghua University
and Deputy Director of the Tsinghua Research Center for Chinese Entrepreneurs, and a member of the Academic Committee
for Alibaba Group Research Institute. Her teaching and research interests include economics of innovation and entrepreneurship
in the internet and platform economy, the modern microfinance market, business demographics, characteristics of business
owners, and the role of free enterprise and competition in the macroeconomy. She received her economics Ph.D. from Duke University, economics
MA from Yale University and mathematics BS from Wuhan University. Before joining Tsinghua University in 2012, she served
as senior economist at the Office of Advocacy, U.S. Small Business Administration and has taught economics at George
Washington University and San Diego State University. Selected publications
 Founder of Ali Baba commits his work for Chinese on internet to generate 100 million microentrepren…chris macraeNov 23, 200950 views Founder of Ali Baba commits his work for Chinese on internet to generate 100 million microentrepreneur
jobs in 2010s - who else would you vote at the centre of 100 million job creation leagues? =====================update
sumer 2016: unlike oiher years spent with bangaldeshi inspired youth, i spent 2015-2016 mainly with a class of chinese
female students - what brilliant minds and tirelss sources of human energy - i hope this summary of why the whole world can
celebrate what jack ma is doing is near to the mark - but as always look forward to editing any errors which are mine alone chris.macrae@yahoo.co.uk washington dc text 240 316 8157 ====================== was english language tutoring
In 1995 he was sent to the usa on an exchange mission and encountered the worldwideweb - then unknown in China. He
determined the www would be the biggest job creating innovation of his (or his generations) life and hopefully of every Chinese
entrepreneur he could valuably link into.
Over the next 15 years his wizard coding teams went from something that
was little more than an electronic yellow pages for small businesses to conceiving sustainability generation's 2 greatest
retailing platforms china or the world may ever have seen..
the taobao platform is the most valuable job creating
concept retailers have ever mediated because it reverses the western trend of globalisiation of retailers, bankers and big
corporations squeezing out local and small enterprises from having a market; how taobao did that is an extraordinarily detailed
story but note how Ma was concerned to ensure even the most cut-off of Chinese villagers could start up on tao bao (rural
ecommerce is one of the innovations that Ma has led the www purpose to linkin)
His other mall was pitched at the
more usual high cost fashions of big global merchandisers. Because of complex property laws in chinese cities, most expensive
retailers are not much of a joy to shop in. So ali baba created a lifestyle -eg celebrate singles day 11/11 shopping virtually
rather than the physically exhausting interaction in The West's biggest shopping days of the year)
SO 365/24/7
consumers of ali baba can choose who they value developing most with their purchasing power as well as searching merchandise
with global image or local cultural joy
Alibaba has become china's and probably the word's largest retailing channel.
It does this with next to no merchandise but brilliant coding so that every store front on its platforms delivers with equal
reliability. Hunting out exactly how Ma forms partnerships so that big data analysis benefits the smallest enterprises and
most local consumers ought to be a job of whomever is sustainability goals greatest economist.
Intriguingly to
ensure he could compete with the chinese internet companies that raced to co-create the www that Ma had opened space for in
china, Ma IPO'd Alibaba through a process 2010-2015 while developing his secret sustainability weapon under private ownership.
AlIpay is china's number 1 financial inclusion delivery system and maybe global youth most humanly productive coding achievement
to date.
Comparing china's top 10 internet properties with the west's is very interesting. Are the consuming behaviours
on ali baba more sustainable than those on amazon or ebay or paypal? Are the learnng behaviours on baidu more sustaining of
youth than on google or coursera or microsoft's linkedin. Time will tell but note how speaking english, chinese and coding
(as well as mother tongue) are probably what educators anywhere on planet earth should NOW be most valuing their global youth's
future freedom to thrive entrepreneurially around.
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