Chinese Fintech Firms Using Ethereum!

According to a recent article on The Cointelegraph Keys stopped and spoke with several fintech companies in Shanghai and Hangzhou, including Dianrong, Andui, CrypTape, and ETH Fans, which are all utilizing Ethereum in some way. The biggest name, and probably the one which could have the largest effect on Ether’s value, was Ant Financial. Ant Financial, a subsidiary of Alibaba, is China’s largest fintech company and runs Alipay, a global leader in online payments. According to Keys, Ant Financial is experimenting with Ethereum to improve their global payment platforms.

The fact that so many institutions and organizations in China, especially fintech giant Ant Financial, are currently in the process of implementing Ethereum might be a sign that the value of Ether will soon spike.