One of the largest e-commerce platforms in China, JD.com, announced the launch of a program for the development of promising blockchain-startups. This is reported in the company’s blog.
In addition to developments based on distributed registry technology, the new accelerator of startups called AI Catapult will promote the development of solutions based on artificial intelligence.
According to company representatives, JD.com will help young blockchain companies, helping to scale the solutions they develop. The latter will be used in various business processes of the Chinese giant, including logistics and e-commerce.
Representatives of the company said that at least four blockchain-startups from China, Australia, Singapore and the United Kingdom have already expressed their desire to join the new initiative.
Last year, JD.com, in partnership with the retail giant Walmart, used a blockchain solution to manage supply chains and monitor food safety.
Also this month, the JD Logistic division joined the transport blockchain-alliance BiTA (Blockchain in Transport Alliance), which includes companies such as UPS, FedEx, Penske, etc.
In addition, JD Cloud, which specializes in cloud solutions JD.com, has launched an online platform that offers users various products based on the blockchain. According to company representatives, new developments will compete with similar products of Internet giants Tencent and Baidu.