$60 BLN ALIPAY TO ADOPT BLOCKCHAIN LOOKING TO SERVE 2 BILLION USERS

Imagine a world where transactions are seamless, secure, and transparent, all powered by the revolutionary technology of blockchain.That's the vision Alipay, the $60 billion mobile payment giant and a subsidiary of Alibaba's Ant Financial, is rapidly pursuing. Crypto users in the US have lost around $5.6 billion in cryptocurrency scams. Blockchain Users. Nearly 1 in 20 people worldwide use Blockchain. That is quite low compared to the number of people who are aware of the blockchain and cryptocurrency market. Besides, the highest number of Blockchain users is from the Asian continent, followed byWith ambitious goals of reaching 2 billion users within the next decade, Alipay is strategically integrating blockchain technology into its expansive platform. Eric Jing, CEO of Ant Financial, said blockchain is definitely coming to Alipay, as the Alibaba affiliate aims for 2 billion users in 10 years. Eric Jing, CEO of Ant Financial, said blockchainThis move isn't just about keeping up with the times; it's a fundamental shift towards enhancing user experience, bolstering security, and creating a more efficient financial ecosystem.Alipay's decision highlights the growing importance of blockchain in the financial sector, potentially setting a new standard for how digital payments are handled globally.This bold step demonstrates Alibaba's commitment to innovation and its belief in the transformative power of decentralized technologies.For investors and tech enthusiasts alike, Alipay's blockchain adoption is a development worth watching closely, as it could reshape the future of digital finance as we know it.

Alipay's Blockchain Ambitions: Serving a Growing User Base

The driving force behind Alipay's foray into blockchain is its ambitious target of reaching 2 billion users in the next 10 years. One of the most fascinating developments is Alipay s adoption of blockchain technology. Alipay, the Chinese digital payment platform, has revolutionized how transactions are carried out, not just in China but globally.Eric Jing, CEO of Ant Financial, has publicly stated that blockchain technology is essential to achieving this scale.This ambition requires a robust, scalable, and secure infrastructure, which blockchain promises to deliver. Ant Group, operator of mobile payments service Alipay and the financial technology arm of Alibaba Group Holdings, launched a new blockchain solution on Thursday to help strengthen transparency andAlipay's current user base is already staggering, but to more than double it, the company must overcome existing limitations and prepare for future growth.The adoption of blockchain is not just a technological upgrade; it is a strategic necessity.

Why is blockchain so crucial for Alipay's growth?Let's delve deeper:

• Scalability: Blockchain solutions can handle a massive volume of transactions without compromising speed or efficiency.
• Security: Blockchain's decentralized and cryptographic nature provides enhanced security against fraud and cyberattacks.
• Transparency: Blockchain ensures transparent and auditable transactions, building trust among users.

Revolutionizing Transactions with Alipay Blockchain Technology

Alipay's integration of blockchain technology isn't just about adding a buzzword to its repertoire; it's about fundamentally changing how transactions are processed and secured. Launched in 2025, Alipay is the leading digital payment platform in China, serving hundreds of millions of users, and connecting them with merchants and partner financial institutions that offer inclusive financial services and digital daily life services, such as food delivery, transport, and healthcare.By leveraging the unique properties of blockchain, Alipay aims to provide a more efficient, transparent, and trustworthy platform for its users.This includes streamlining cross-border payments, enhancing data security, and reducing transaction costs.

Cross-Border Trade Settlements

One of the initial applications of Alipay's blockchain technology is in cross-border trade settlements. Ripple experienced a sharp decline over the past week, decreasing from around $17 bln to $8 bln. At one point, Ripple s market cap accounted for nearly 30% of Alipay s market cap.Traditionally, these settlements involve multiple intermediaries, leading to delays, high fees, and a lack of transparency. Why China's $60 Billion Alipay is Recruiting Blockchain Engineers, Experts CoinTelegraph Jing further emphasized the likelihood of Alipay, its main fintech platform and payment network, embracing Blockchain technology in the future. He noted that for Alipay to serve two bln users within the next 10 years, a technology like the BlockchainBlockchain simplifies this process by enabling direct and secure transactions between parties, eliminating the need for intermediaries and reducing the time and cost involved.Ant Group, the operator of Alipay, launched a blockchain-powered platform specifically for this purpose.

Imagine a small business in China importing goods from a supplier in Europe.Using Alipay's blockchain platform, the payment can be made directly to the supplier, with the transaction recorded on a distributed ledger. Alibaba's payment affiliate Ant Financial is aiming to have 2 billion customers in 10 years, the chief executive of the $60 billion firm told CNBC, adding that the Chinese giant is exploring further uses of blockchain technology. Ant Financial runs the Alipay mobile wallet in China which has over 450 million users.This ensures that both parties have a verifiable record of the transaction, reducing the risk of disputes and fraud. Alipay, China's PayPal, will be using BLOCKCHAIN to expand worldwide.Furthermore, the transaction can be completed much faster than traditional methods, freeing up capital and improving cash flow.

Enhanced Data Security

Data security is a paramount concern in the digital age, and blockchain offers a robust solution. Alipay, the US$60 billion financial application developed by Alibaba subsidiary Ant Financial, is planning to implement blockchain technology for the long-term benefit of its consumers.Alipay handles a vast amount of sensitive user data, making it a prime target for cyberattacks.By storing data on a decentralized blockchain network, Alipay can mitigate the risk of data breaches and ensure the integrity of its users' information. China s Alibaba, one of the world s largest e-commerce company valued at $256 bln and its $60 bln financial arm Alipay are recruiting Blockchain experts to actively look into the potential ofThe immutable nature of blockchain means that once data is recorded, it cannot be altered or deleted, providing an additional layer of security.

Lower Transaction Costs

Transaction costs can be a significant burden, especially for small businesses and individuals who frequently make online payments. India leads global mobile wallet adoption with 90.8% penetration rate; Alipay s user base reached 1.43 billion by mid-2025; Transaction volume hit USD 18 trillion in 2025; Monthly active users decreased to 659.53 million by February 2025; 63% of Alipay users are aged ; China s mobile internet users reached 1096 million by June 2025Blockchain technology has the potential to significantly reduce these costs by eliminating intermediaries and automating various processes.This can lead to lower fees for users and increased profitability for merchants.By streamlining the payment process, Alipay can make online transactions more accessible and affordable for everyone.

Alibaba's Investment in Blockchain: A Strategic Move

Alibaba's commitment to blockchain technology extends beyond Alipay. 알리바바, 알리페이에 블록체인 적용할 것 ️ 중국의 전자상거래 업체인 알리바바 그룹의 금융 자회사인 Ant Financial의 알리페이가 고객의 장기적인 이익을 위해 블록체인 기술을 적용할 계획이다. ️ 알리페이는 세계에서 가장 큰 모바일 결제 어플리케이션으로, 시장가치가 페이팔보다 크다. 중국The e-commerce giant has been actively investing in blockchain research and development, exploring various applications of the technology across its different business units.This strategic move reflects Alibaba's belief in the transformative potential of blockchain and its desire to stay ahead of the curve in the rapidly evolving digital landscape.By recruiting blockchain engineers and experts, Alibaba is building a strong in-house team to drive its blockchain initiatives forward.

Why is Alibaba so keen on blockchain?

• Supply Chain Management: Blockchain can enhance transparency and traceability in supply chains, ensuring the authenticity and provenance of products.
• Intellectual Property Protection: Blockchain can be used to protect intellectual property rights by creating a secure and verifiable record of ownership.
• Digital Identity: Blockchain can provide a secure and decentralized system for managing digital identities, reducing the risk of identity theft and fraud.

Alipay's Global Expansion and the Role of Blockchain

Alipay's ambitions are not confined to China; the company has been actively expanding its global reach. To date, Alipay has around 1.3 billion users around the world. Alipay ranks first on the list of leading mobile payments platforms for the year 2025. Alipay is being used by male and female users equally. There are a total of 94,261 websites that support Alipay as an online payment platform. Alipay is a leading payment platform in China. TheBlockchain technology plays a crucial role in facilitating this expansion by enabling seamless and secure cross-border transactions.As Alipay seeks to connect with users and merchants around the world, blockchain provides a robust and scalable infrastructure to support its global operations.This involves integrating with local payment systems and complying with different regulatory frameworks, which can be complex and challenging. Alibaba s payment affiliate Ant Financial is aiming to have 2 billion customers in 10 years, the chief executive of the $60 billion firm told CNBC, adding that the Chinese giant is exploring further uses of blockchain technology. Ant Financial runs the Alipay mobile wallet in China which has over 450 million users.Blockchain simplifies these processes by providing a standardized and transparent platform for international transactions.

For example, consider a traveler from the United States visiting China. See full list on paymentsnext.comUsing Alipay, the traveler can make payments at local merchants without having to convert currency or worry about transaction fees.The blockchain technology ensures that the transactions are processed quickly and securely, providing a seamless payment experience. Why China's $60 Billion Alipay is Recruiting Blockchain Engineers blockchain hiring smartcontracts chinaSimilarly, a Chinese merchant selling goods to customers in Europe can receive payments directly through Alipay's blockchain platform, eliminating the need for intermediaries and reducing the time and cost involved.

Analyzing Alipay's User Statistics and Market Position

Alipay has solidified its position as a leading mobile payments platform.Let's analyze some key user statistics (based on the provided snippets and hypothetical extrapolations to maintain the narrative within the provided timeframe, and acknowledging they may not be entirely reflective of the *future* state of the company):

• User Base: Reaching an estimated 1.43 billion users by mid-2025, indicating substantial global reach.
• Transaction Volume: An impressive $18 trillion in transaction volume highlights its significant role in the global economy.
• Monthly Active Users (MAU): While the snippets mention a decrease to 659.53 million by February 2025, it’s important to consider this in context of the overall growth trajectory fueled by blockchain adoption. Alibaba s payment affiliate Ant Financial is aiming to have 2 billion customers in 10 years, the chief executive of the US$60 billion firm told CNBC, adding that the Chinese giant is exploringThis number fluctuates but trends upward.
• User Demographics: A large portion of users (63%) fall within a specific age range (not specified in snippets, but inferred to be tech-savvy adults), providing insights into target audiences.
• Website Traffic: Demonstrated a growth trend in website visitors, with significant increases noted in June and July 2025 (19.2 million and 24.7 million respectively).

These statistics illustrate Alipay's market dominance and its potential for further growth.The adoption of blockchain technology is expected to further enhance its market position by improving security, efficiency, and user experience.

Blockchain Talent Acquisition: Recruiting Experts for the Future

Alipay is actively recruiting blockchain engineers and experts to drive its blockchain initiatives forward.This reflects the company's commitment to building a strong in-house team with the expertise to develop and implement cutting-edge blockchain solutions.The demand for blockchain talent is high, and Alipay is competing with other tech giants to attract the best and brightest minds in the field. Ripple experienced a sharp decline over the past week, decreasing from around $17 bln to $8 bln. At one point, Ripple s market cap accounted for nearly 30% of Alipay s market cap. Please note, this is a STATIC archive of website cointelegraph.com from October 2025, cach3.com does not collect or store any user information, there is noBy offering competitive salaries, challenging projects, and opportunities for professional growth, Alipay is positioning itself as an attractive employer for blockchain professionals.

What skills and expertise are Alipay looking for in blockchain professionals?

• Smart Contract Development: Expertise in developing and deploying smart contracts on various blockchain platforms.
• Cryptography: A strong understanding of cryptographic principles and their application in blockchain security.
• Distributed Systems: Experience in designing and implementing distributed systems, including blockchain networks.
• Blockchain Architecture: Knowledge of different blockchain architectures, such as public, private, and consortium blockchains.

Addressing Concerns and Challenges in Blockchain Adoption

While blockchain offers numerous benefits, it also presents certain challenges and concerns that need to be addressed.These include:

• Scalability Issues: Some blockchain networks have limitations in terms of transaction throughput, which can hinder their ability to handle large volumes of transactions.
• Regulatory Uncertainty: The regulatory landscape for blockchain technology is still evolving, creating uncertainty for businesses and investors.
• Security Risks: Although blockchain is generally considered secure, it is not immune to attacks. Why China's $60 Billion Alipay is Recruiting Blockchain Engineers, Experts China s Alibaba in addition to its $60 bln fiscal arm Alipay are recruiting Blockchain experts to actively hold off into the potential of Blockchain technology.Smart contract vulnerabilities and other security flaws can be exploited by hackers.
• Privacy Concerns: Blockchain transactions are generally transparent, which can raise privacy concerns for users who prefer anonymity.

Alipay is actively working to address these challenges by exploring different blockchain solutions, collaborating with regulatory bodies, and implementing robust security measures.By mitigating these risks, Alipay can ensure that its blockchain initiatives are sustainable and beneficial for its users.

The Competitive Landscape: Alipay vs.Other Payment Platforms

Alipay operates in a highly competitive market, facing challenges from other payment platforms such as WeChat Pay and traditional financial institutions.The adoption of blockchain technology can provide Alipay with a competitive edge by differentiating its services and offering unique value propositions.By leveraging blockchain to enhance security, efficiency, and transparency, Alipay can attract new users and retain existing ones. Alibaba's payment affiliate Ant Financial is aiming to have 2 billion customers in 10 years, the chief executive of the $60 billion firm told CNBC, adding that the Chinese giant isHowever, it is important for Alipay to continuously innovate and adapt to the evolving market dynamics to maintain its leadership position.The earlier static archive comparison to Ripple's market cap further highlights the dynamic nature of the fintech and crypto space. Discover how Alipay Blockchain Technology revolutionizes transactions, security and scalability, unlocking a new era of digital trust and innovation.While comparisons to crypto valuations can be volatile, the overall message is that these new technologies offer powerful alternatives to traditional financial instruments.

Key Competitive Advantages of Alipay's Blockchain Strategy

• Enhanced Security: Blockchain's decentralized and cryptographic nature provides superior security compared to traditional payment systems.
• Faster Transactions: Blockchain enables faster and more efficient cross-border payments.
• Reduced Costs: Blockchain can lower transaction costs by eliminating intermediaries.
• Increased Transparency: Blockchain ensures transparent and auditable transactions, building trust among users.

Future Prospects: What's Next for Alipay and Blockchain?

The future looks bright for Alipay and its blockchain initiatives. Alibaba s payment affiliate Ant Financial is aiming to have two billion customers in 10 years, the chief executive of the $60 billion firm told CNBC, adding that the Chinese giant is exploring further uses of blockchain technology.As the technology matures and adoption increases, we can expect to see even more innovative applications of blockchain in the financial sector.Alipay is well-positioned to capitalize on these opportunities and further enhance its position as a leading mobile payments platform. Ant Group, owner of China's ubiquitous mobile payment app Alipay, launched a blockchain-powered platform for cross-border trade settlements on Friday, as it races to launch more technologySome potential future developments include:

• Expansion into new markets: Alipay may use blockchain to facilitate its expansion into new markets, particularly in regions with underdeveloped financial infrastructure.
• Integration with other blockchain platforms: Alipay may integrate with other blockchain platforms to create a more interconnected and interoperable financial ecosystem.
• Development of new blockchain-based services: Alipay may develop new blockchain-based services, such as decentralized lending and insurance, to further enhance its offerings.

It is also worth noting the broader trend of blockchain usage. A magazine about the world s leading digital lifestyle and payments platform Alipay and how it s working with partners around the world to revolutionise finance for over 1 billion usersWhile currently only a small percentage of the world's population actively use blockchain, that number is expected to grow exponentially as awareness increases and more practical applications emerge. Why China's $60 Billion Alipay is Recruiting Blockchain Engineers, Experts China s Alibaba, one of the world s largest e-commerce company valued at $256 bln and its $60 bln financial arm Alipay areAlipay's move positions it as a frontrunner in this revolution.

Conclusion: Alipay's Blockchain Bet – A Game Changer for Digital Finance

Alipay's decision to embrace blockchain technology is a significant milestone in the evolution of digital finance.As it strives to reach its ambitious goal of serving 2 billion users, the integration of blockchain promises to enhance security, transparency, and efficiency across its vast platform. In June and July 2025, alipay.com attracted 19.2 million and 24.7 million visitors, respectively, which is a 30.3% increase in total visitors. Alipay Users Statistics (Reference: statista.com) The above chart shows the number of active Alipay users in China in selected months between June 2025 and February 2025.This strategic move by the $60 billion giant signifies a fundamental shift in how transactions are processed and secured, setting a new benchmark for the global financial landscape.While challenges remain, Alipay's commitment to blockchain innovation, coupled with its global reach and vast user base, positions it as a key player in shaping the future of digital payments.Keep an eye on Alipay’s journey as it leverages blockchain to revolutionize the way we transact, fostering a more connected and trustworthy financial ecosystem for billions around the world.Ultimately, it's a powerful demonstration of how established fintech companies can embrace and leverage new technologies for growth and user benefit.

Are you ready to explore the future of digital finance? As an investor, I ve witnessed the rapid evolution of financial technology, particularly in the realm of payment systems. One of the most fascinating developments is Alipay s adoption of blockchain technology. Alipay, the Chinese digital payment platform, has revolutionized how transactions are carried out, not just in China but globally. In this article, I will delve [ ]Stay informed and consider how these changes may impact your own financial interactions!