Alibaba Expands Its B2B Platform With AI Tools and Tokenized Money to Speed Global Trade Operations

CryptoNewsLand

Alibaba expands its B2B platform with new AI tools to support faster supplier searches and global sourcing.

The company prepares tokenized payments to speed cross border transfers and reduce settlement delays.

Agentic Pay will automate contract creation to simplify buyer and supplier workflows across the marketplace.

Alibaba is moving its B2B platform into a new phase with a wider push into AI and digital payments. The company will increase the utilization of automated systems, which rank the suppliers based on their price, logistics, and production capacity. These tools will help to simplify the sourcing decisions of the B2B arm that made over $3 billion during the past fiscal year in its global marketplace

Further searches through the platform are now based on AI, and the division wants to hasten this transition to make it more efficient for both buyers and suppliers. The new subscription tool, called AI Mode, is positioned to create an additional revenue stream as interest in automated supplier matching rises.

Subscription Plans and Supplier Growth

Alibaba will also provide AI Mode either as monthly or annual subscriptions, with the ultimate pricing to be reviewed. The group is looking at charges of up to $20 per month or $99 annually. The company claims that its supplier network is on the rise and active suppliers across the globe are rising by half in March to October than in the same months last year

The growth indicates increased interest among the manufacturers who desire to have access to the cross-border demand. Alibaba is investing further in this supplier pool to strengthen global supply chain links and improve product variety for international buyers.

Launch of Agentic Pay for Contract Automation

The B2B team will introduce a payment-related tool called Agentic Pay in December. The system will auto-generate contracts between buyers and suppliers by using information exchanged through the platform’s messaging channels. Most of the contracts are drafted manually and uploaded subsequently, and therefore, the new tool will minimize time loss and record document discrepancies

Purchasers and suppliers will validate such AI-generated agreements online on Alibaba.com and progress to the payment phase. The company expects this process to support faster decision-making and reduce administrative steps across markets.

Tokenized Money to Speed Cross-Border Transfers

Alibaba is also preparing a tokenized payment layer to improve settlement times across several regions. Cross-border transfers currently move through multiple banks and currencies, which causes delays and raises transaction costs

The company will use tokenized euros and dollars backed by traditional bank deposits. The approach differs from common stablecoins because the tokens remain tied to regulated bank balances rather than external assets

Alibaba plans to build this network with technology from JPMorgan, which launched its own deposit token earlier this year. JPMorgan recently launched JPM Coin (JPMD) on the Base blockchain for institutional 24/7 settlement. In June, JPMorgan launched the JPMD token pilot to move real dollar deposits on Coinbase’s Base blockchain network for institutions

The company views tokenization as a way to make payments reach destinations such as Hong Kong, Singapore, and China at the same time without relying on slower routes. The system aims to support faster settlement for importers, exporters, and manufacturers across its $35 billion e-commerce ecosystem.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments