Jack Ma Says Blockchain Should Improve Manufacturing By Cryptovest

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Jack Ma Says Blockchain Should Improve Manufacturing

Published Sep 18, 2018 04:57PM ET Updated Sep 18, 2018 06:00PM ET

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Jack Ma Says Blockchain Should Improve Manufacturing

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Blockchain technology and digital transformation should be utilized to the fullest to develop the manufacturing sector and improve the quality of life, said Alibaba (NYSE:BABA) Group Holding Ltd., founder Jack Ma.

In a report, the China Money Network quoted Ma as saying that the failure to transform the manufacturing space would make blockchain meaningless.

Speaking at the World Artificial Intelligence Conference held in China on Monday, Ma said:

"The data age is a major opportunity for manufacturers to reform the industry. But blockchain and IoT will be meaningless unless they can promote the transformation of the manufacturing industry and the evolution of the society towards a greener and more inclusive direction.”

Indeed, data compiled...

This article appeared first on Cryptovest

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Jack Ma Says Blockchain Should Improve Manufacturing

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