Alibaba has been actively investing and developing blockchain technologies. This week, it has four patent applications published that focus on blockchain-based data processing for improving data security, storage reliability, and transaction processing capabilities. Besides inventing and patenting activities, Alibaba has been implementing blockchain technologies related to its business. For instance, Alibaba’s Alipay is going to launch cross-border remittances between Malaysia and Pakistan, which allows Pakistanis living in Malaysia to send money home using the Karachi-based Telenor Microfinance Bank’s Easypaisa digital payment solution as well as via Malaysia’s Telenor FinTech remittance company, Valyou. Alipay acquired a 45% stake in Microfinance Bank for $184.5 million in 2018, and this week the company announced the successful integration of its blockchain remittance platform into this Pakistan-based network.