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Alibaba’s new blockchain auction platform is selling Star Wars art on a ledger run by Sichuan’s government

August 17, 2021
Source: scmp.com scmp.com
News Snapshot:
Chinese e-commerce giant Alibaba Group Holding has opened a new online market for digital assets traded over a blockchain backed by the Sichuan provincial government, marking another foray into blockchain technology by China’s Big Tech companies. The market launched this week as a new section on Alibaba Auction, an online auctioning platform from the Hangzhou-based tech giant, which owns the South China Morning Post . The non-fungible tokens (NFTs) will be issued through the New Copyright Blockchain, a platform run by the Sichuan Blockchain Association Copyright Committee. The service, called “Blockchain Digital Copyright and Asset Trade”, allows writers, musicians, game...
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