The Internet - The first Worldwide Tool of Unification ("The End of History")

" ... Now I give you something that few think about: What do you think the Internet is all about, historically? Citizens of all the countries on Earth can talk to one another without electronic borders. The young people of those nations can all see each other, talk to each other, and express opinions. No matter what the country does to suppress it, they're doing it anyway. They are putting together a network of consciousness, of oneness, a multicultural consciousness. It's here to stay. It's part of the new energy. The young people know it and are leading the way.... "

" ... I gave you a prophecy more than 10 years ago. I told you there would come a day when everyone could talk to everyone and, therefore, there could be no conspiracy. For conspiracy depends on separation and secrecy - something hiding in the dark that only a few know about. Seen the news lately? What is happening? Could it be that there is a new paradigm happening that seems to go against history?... " Read More …. "The End of History"- Nov 20, 2010 (Kryon channelled by Lee Carroll)

"Recalibration of Free Choice"– Mar 3, 2012 (Kryon Channelling by Lee Carroll) - (Subjects: (Old) Souls, Midpoint on 21-12-2012, Shift of Human Consciousness, Black & White vs. Color, 1 - Spirituality (Religions) shifting, Loose a Pope “soon”, 2 - Humans will change react to drama, 3 - Civilizations/Population on Earth, 4 - Alternate energy sources (Geothermal, Tidal (Paddle wheels), Wind), 5 – Financials Institutes/concepts will change (Integrity – Ethical) , 6 - News/Media/TV to change, 7 – Big Pharmaceutical company will collapse “soon”, (Keep people sick), (Integrity – Ethical) 8 – Wars will be over on Earth, Global Unity, … etc.) - (Text version)

“…5 - Integrity That May Surprise…

Have you seen innovation and invention in the past decade that required thinking out of the box of an old reality? Indeed, you have. I can't tell you what's coming, because you haven't thought of it yet! But the potentials of it are looming large. Let me give you an example, Let us say that 20 years ago, you predicted that there would be something called the Internet on a device you don't really have yet using technology that you can't imagine. You will have full libraries, buildings filled with books, in your hand - a worldwide encyclopedia of everything knowable, with the ability to look it up instantly! Not only that, but that look-up service isn't going to cost a penny! You can call friends and see them on a video screen, and it won't cost a penny! No matter how long you use this service and to what depth you use it, the service itself will be free.

Now, anyone listening to you back then would perhaps have said, "Even if we can believe the technological part, which we think is impossible, everything costs something. There has to be a charge for it! Otherwise, how would they stay in business?" The answer is this: With new invention comes new paradigms of business. You don't know what you don't know, so don't decide in advance what you think is coming based on an old energy world. ..."
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)


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Logo No Hate Speech Movement

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Honouring computing’s 1843 visionary, Lady Ada Lovelace. (Design of doodle by Kevin Laughlin)

Sunday, June 28, 2015

Alibaba launches commercial internet bank

Want China Times, Lai Chao-nan and Staff Reporter, 2015-06-27

Jack Ma speaks at the opening ceremony of Mybank in Hangzhou,
Zhejiang, June 25. (File photo/CFP)

Chinese e-commerce giant Alibaba has officially forayed into the banking industry with the establishment of an internet bank that was officially opened June 25, our sister paper Taipei's China Times reports.

The Zhejiang Internet Commerce Bank was established by six shareholders led by Alibaba's Zhejiang-based financial unit, Ant Financial. The internet bank will mainly provide loans to micro-enterprises in the initial phase, according to Alibaba founder Jack Ma.

China's banking system is dominated by large state-owned institutions that have traditionally favored lending to big, state-owned corporations. Small, privately owned companies have often struggled to obtain capital.

Alibaba can exploit its big data advantage by looking at its internal transaction data to assess risk. That will give the company an advantage in terms of finding micro-sized clients, said Jing Xiandong, chairman of the online bank.

Ant Financial's new Sesame Credit agency will evaluate customers' creditworthiness, using Alibaba's enormous database that comprises information from 300 million "real-name" users and 37 million registered firms, according to an earlier report.

Governor of the online bank Yu Shengfa said that unlike traditional banks, the internet bank can better safeguard customers' data through improved management of information, using its big data systems and state-of-the-art technology.

The debut of Sesame Credit will not only enable credit providers to make holistic and accurate decisions, but will also allow other companies to provide more credit-related services, a spokesperson for the bank said earlier.

Ma said Alibaba's next step, following the launch of its internet bank, is to establish a new financial system to serve individuals and small companies.

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