According to Ali Baba's founder Jack Ma, Bitcoin is not a balloon, blockchain technology

Chinese e-commerce giant alibaba 's founder, Jack Ma, held in China's Tianjin city on May 16, 2. World Intelligence (artificial) Congress ' in the speech, blockcha of that, but not a balloon technology of Bitcoin said it was a balloon.

Stating that he has been working on Blockchain technology for many years, Ma believes that in the large data period we are in, all aspects of data privacy and security can be bypassed by blockchain technology at all levels of society, including management, institutions and individuals. Emphasizing that safety is the most important issue within the ecommerce ecosystem, Ma noted that blockchain technology is driven by speculative investors who see it as a "gold mine" mostly at the moment and that this is alarming.