Oct 25, 2018| JD Technology

JD.com, NJIT and ISCAS Announce New Blockchain Research Lab

Rachel Liu blockchain

JD.com, China’s largest retailer online or offline, has launched a joint research lab for blockchain technologies with the Ying Wu College of Computing at the New Jersey Institute of Technology (NJIT) and the Institute of Software at the Chinese Academy of Sciences (ISCAS).

The joint lab, which was announced at a launch event in Beijing, will focus on solving efficiency and stability challenges that are the most significant bottlenecks restricting the wider application of blockchain, and explore new applications of the technology. This will include multi-year collaborative research efforts into fundamental consensus protocols, privacy protection and security in decentralized applications, among other areas.

The new lab will be led by Dr. Jian Pei, President of JD Big Data and Smart Supply Chain, Dr. Qiang Tang, Assistant Professor in the Ying Wu College of Computing at NJIT, and Dr. Zhenfeng Zhang, Vice Chief Engineer at ISCAS. Both Dr. Tang and Dr. Zhang are leading experts in blockchain and cryptography.

“JD.com is a pioneer in the utilization of blockchain technology, and we are dedicated to exploring its potential by investing in the growth of the blockchain ecosystem through key strategic and research partnerships,” Dr. Pei said. “Our partnership with NJIT and ISCAS will leverage our respective strengths and resources to drive the continued development of this cutting-edge technology and its wider deployment across many industries.”

“With more than 300 million customers, JD.com recognizes the pivotal role being played by blockchain in improving transparency in the supply chain and delivering greater peace of mind to Chinese consumers about product quality and safety,” he said.

Dr. Joel S. Bloom, president of the New Jersey Institute of Technology, said, “NJIT is delighted to partner with one the leading e-commerce companies in the world and one of China’s premier research labs to work on cutting edge-blockchain and cybersecurity technologies.

“Working with strong international partners is a clear recipe for success in this endeavor. We look forward to working with JD and ISCAS to develop many different blockchain applications for a wide range of industries,” he said.

Zhong Hua, deputy director of the Software Institute of the Chinese Academy of Sciences, said “Through this partnership we will bring about blockchain innovation and promote industrial applications of blockchain technology.”

In August, JD launched the JD Blockchain Open Platform to help enterprise customers easily build, host, and use their own blockchain applications for more secure, transparent, and convenient operations management. The new platform enables customers to streamline their operational procedures and provide more visibility to consumers. In addition, JD has partnered with Walmart, IBM, and Tsinghua University to launch the Blockchain Food Safety Alliance which focuses on enhancing food traceability, and safety in China.

Dec 7, 2018| JD Technology

JD Launches Blockchain Based Pharmaceutical Tracking Solution

Yuchuan Wang blockchain | trace and track

JD has launched a blockchain technology-based JD Medicine Open Tracing Solution in an effort to provide more transparency into pharmaceutical supply chains in China.

Announced at JD’s 2018 Big Data Summit in Beijing, the Medicine Open Tracing Solution is available on the JD Blockchain Open Platform and seeks to address concerns in China about the authenticity of medicines by supplying consumers with reliable and transparent tracing information. The tracing solution will cover every step of production, medical application, transportation, storage and sales of drugs. It has a friendly user interface and leverages IoT solutions to improve data collection efficiency.

The move comes after a handful of recent pharmaceutical safety incidents in China concerning substandard products, particularly when it comes to vaccines, which have been found to be expired or below safety standards in the past. As a result, Chinese consumers are increasingly concerned about the safety and origin of the medicine they consume.

In light of this, JD is teaming up with industry partners including medical software providers, industry associations, and smart hardware manufacturers to develop an entire IoT ecosystem of devices to promote medical traceability, raising standards and increasing transparency across the industry.

“This solution will provide necessary transparency and accountability to all those involved in the pharmaceutical industry, including consumers, businesses and governments,” said Jian Pei, head of JD Big Data and Smart Supply Chain.

“JD has a strong track record in supply chain transparency, and is committed to leveraging our technology capabilities to enable the accurate collection of transparent and reliable information about how medicines are sourced.”

JD launched its JD Blockchain Open Platform earlier this year to provide blockchain capabilities to a wide range of industries. Part of its Retail as a Service (RaaS) initiative, JD is leveraging its strengths in supply chain, technology, logistics and other areas to empower its partners. China Pacific Insurance Company (CPIC), the first company to use the platform, used it to deploy a traceable system for e-invoices, or “fapiao”, the official receipts required in China for business.

Aug 17, 2018| JD Technology

JD Launches Blockchain Open Platform

Yuchuan Wang blockchain | supply chain

JD.com, China’s largest retailer, is launching a new blockchain technology platform to help enterprise customers build, host and use their own blockchain applications for more secure, transparent and convenient operations management.

The platform, called JD Blockchain Open Platform, is built on multiple underlying technologies, and enables customers to create and adjust smart contracts on public and private enterprise clouds with ease. The technology can help companies streamline operational procedures such as tracking and tracing the movement of goods and charity donations, authenticity certification, property assessment, transaction settlements, digital copyrights, and enhance productivity.

The new platform is the latest expansion of JD’s Retail as a Service (RaaS) strategy, under which the e-commerce giant is opening its advanced technology and infrastructure to other companies and industries. JD Blockchain Open Platform is designed with “one-click deployment” so it is accessible to enterprises even if they don’t have the capabilities to develop their own blockchain solutions.

JD Blockchain Open Platform, a BaaS platform, houses an application store that provides multiple blockchain bottom layers, tools and software that are developed in-house and by Independent Software Vendors (ISV). JD implements stringent quality control over the offerings on the app store, enabling users to safely and conveniently customize their applications to suit their business needs. The company will continuously enrich its application offerings by introducing more ISV and creating a robust ISV community on the platform.

The first JD partner to use JD Blockchain Open Platform is China Pacific Insurance Company (CPIC), which used the platform to deploy a traceable system for e-invoices, or “fapiao,” the official receipts required in China for business. The system strengthens the security governance of e-invoices by applying unique blockchain IDs to each document, increasing efficiency and streamlining the accounting process.

“JD Blockchain Open Platform is a culmination of the expertise and experience in blockchain technology that we initially developed for our own operations, to provide more visibility to consumers,” said Jian Pei, head of big data and smart supply chain at JD.com. “As we continue to open our technology and infrastructure up to other companies, we are pleased to have CIPC as our first blockchain platform customer.”

“JD is an innovator in its field and we are confident its blockchain e-invoice system will create greater efficiency in our operations,” said Yanhong Pan, vice president and CFO of CPIC. “Blockchain technology is transforming the way companies do business, and we are pleased to have found a great partner in JD to guide and help us along the way.”

JD is a pioneer in the utilization of blockchain technology. Last year, the company introduced its blockchain tracing platform that enables customers to track and trace the source and development process of the products and food they purchase. To date, the company has implemented blockchain tracing for more than 400 brands and 11,000 SKUs on JD.com.

Separately, JD will work with software companies and certificate authorities home and abroad to explore the application of blockchain in their businesses, such as enterprise resource planning.

Read: https://jdcorporateblog.com/salvatore-ferragamo-brings-exclusive-catwalk-fashions-to-jd-com/