Shulou(Shulou.com)06/02 Report--

The little ant said:

How much did you contribute to Tmall's "double 11"? According to statistics, as of 24:00 on November 11th, the turnover of Tmall double 11 Global Carnival in 2018 exceeded 213.5 billion yuan! Every record breakthrough is inseparable from the comprehensive opening of double 11 core technology.

Crazy Tmall double 11 has ended with a record turnover of 213.5 billion yuan, and the Alipay system has once again withstood the test in this "commercial Olympic Games". Hu Xi, deputy CTO, vice president and chief architect of Ant Financial Services Group Group, revealed that the overall system stably and smoothly through the past 24 hours is inseparable from the comprehensive opening of the core technology.

"Alipay has always hoped that through the opening up of science and technology, more ordinary people can enjoy the beauty and convenience of technology." Hu Xi said that since 2015, Ant Financial Services Group has opened up independent research and development core technologies, including distributed middleware, distributed database, blockchain, and biometrics.

According to Ant Technology's official website, there are more than 50 products and digital financial solutions that are currently open to the public. Through more than 200 partners, Ant Financial Services Group has helped more than 200 financial institutions carry out digital transformation, including more than 100 banks, 60 insurance companies and 40 fund securities companies.

100% of the core technologies open to the outside world have been verified by double 11. It is reported that the OceanBase2.0 version of the distributed relational database that Ant Financial Services Group is about to release supports this year's double 11 Alipay core link. The performance of this version is 50% higher than that of last year, so that the transaction does not need to be temporarily expanded, and the "zero cost" support is greatly promoted.

Alipay's financial security solution using face recognition technology to verify users' real identity in double 11 this year is one of the few KYC (Know Your Customer) solutions that take into account both security and user experience at this stage.

Hu Xi believes that by opening up the strongest, most mature and safest technologies to the industry and ecological partners, Hu Xi is fulfilling Ant Financial Services Group's mission to bring more equal opportunities to the world. "Today, all financial institutions and small and micro enterprises can rapidly upgrade by using ant technology to provide services to their customers in a more efficient, transparent and real-time manner."

Instead of "reinventing the wheel", financial institutions and small and micro enterprises can focus more on their own business innovation and create their own "double 11". With the help of Ant Financial Technology, PICC Health has built a new generation of Internet insurance core system, the policy processing capacity has increased by thousands of times, the daily settlement period has been reduced from 4 hours to 6 minutes, and the launch cycle of new products has been greatly shortened. The service availability rate is now 4 9.

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