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Alibaba Executive Highlights Tokenization for Global Trade Settlements
11/26/2025, 11:06
11/26/2025, 11:36
AI SUMMARY
●• Alibaba executive Kuo Zhang discusses optimizing trade via tokenization technology
●• Focuses on improving cross-border payment efficiency and transparency
●• Highlights enterprise adoption of blockchain for practical utility
Kuo Zhang, President of Alibaba's International Station, has publicly discussed the company's initiatives to optimize global trade settlements using blockchain tokenization technology. Speaking at a recent industry event, Zhang highlighted the tech giant's continued exploration of Web3 utility to enhance the efficiency of cross-border payments.
By leveraging tokenization, Alibaba aims to address common friction points in international trade finance, such as transaction speed and lack of transparency. This development underscores the practical application of blockchain technology by major e-commerce platforms, moving beyond speculative use cases to solve real-world logistical and financial challenges in global commerce.
[Update 1] Additional reports confirm the focus is specifically on reducing friction in international trade finance, emphasizing improvements in speed and transparency for the e-commerce giant's operations.