The report shows that blockchain technology will benefit 10 million SMEs, brands and entrepreneurs on the Alibaba platform.

According to People's Daily News, on June 15th, at the "2019 E-commerce IP Summit", People's Daily Public Opinion and Public Policy Research Center and Copyright Channel Department jointly released the "China E-Commerce Intellectual Property Protection Innovation Practice Research Report (2019)" . The report pointed out that the non-tamperable and transaction traceability of blockchain technology provides a new means for e-commerce anti-counterfeiting. Electronic deposits from global brands can be linked directly to Internet courts through the blockchain through the Ali intellectual property protection platform, providing a basis for litigation rights protection. On the Ali platform, more than 30 million new products and 1.5 billion stocks of goods are served by Ali's intellectual property protection system every day. The application of blockchain technology will benefit 10 million SMEs, brands and entrepreneurs on the Alibaba platform.