JD.com, also known as Jingdong Mall, is now one of the e-commerce superpowers right now in China and they are in no way going to be shaken and brought down from their level. They have been walking, running and sprinting with another e-commerce giant, Alibaba.
JD.com has defined what a great and successful retailer is, online or offline – and with the programming background of their Chief Executive Officer, Richard Liu Qiangdong – JD.com or Jingdong is now in collaborative works with one of the most prestigious and well-profiled technological institutes: The Institute of Software at the Chinese Academy of Sciences and The Ying Wu College of Computing at the New Jersey Institute of Technology. They will launch the “Urban Smart Logistics Institute” in Xiongan, China. The institute focuses on planning, developing, and designing smart logistics systems in urban areas.
This joint technological venture will be focused and more definitive of improving efficiency and strengthening stability and increasing the strategizing on conquering challenges that are thrown at Jingdong’s way. But at a more technological aspect – the joint laboratory venture will propel Jingdong to focus on new technology and how to apply it. These technologies will focus on efforts in security, decentralization applications, consensus protocols and privacy protection.
We are at the age of modern technology and physical transactions are now a thing of the past. Cashless payments and transactions are the new big thing, and JD.com is in on this trend and they are running with the times and owning the game. Find Related Information Here.
Blockchain technology is a new power player on the vast map of the world wide web, it is another brain baby by the person who coined Bitcoins, Satoshi Nakamoto. Like digital currencies (like bitcoins or “digital gold”), blockchains are able to create other types of virtual money – and this is important for Jingdong specifically because of the modern changing times.
Jingdong is a world leader on the use, manipulation and utilization of blockchain technology – and Jingdong is laser focused on exploring their business potential by investing more technology and effort into the growth of the ecosystem of the blockchain. Focused on strategy and research partnerships.
And this will be key in Jingdong Mall in staying at the top of the retail game and this will serve as examples and inspiration for companies who are also aiming for the top.