Alibaba publishes fiscal year 2020 public welfare financial report, over 60% of charitable donations are stored in the chain and cannot be tampered with

Alibaba released the fiscal year 2020 public welfare “financial report”. A total of more than 10 billion charitable donations were generated on the Alibaba economy public welfare platform, and a total of more than 2.2 billion yuan was raised for public welfare organizations. Alibaba stated that since the first blockchain public welfare project was released in 2016, blockchain has been widely used in various public welfare scenarios in the Alibaba economy. Over 60% of the total donations in this fiscal year have been recorded as loving donations A new model of global public welfare supported by digital technology in the chain is taking shape.