Alibaba working on VR payments – Hypergrid Business

China’sÂ Alibaba online retail giantÂ told China Daily thatÂ it is developing virtual-reality-enabled mobile payment technology, which could allow users to pay bills in a 3-D virtual world by nodding their heads or making other gestures to log in payment accounts.Â Read the full story here.

The company. which is known as China’s Amazon, has also unveiled its Buy+ virtual shopping platform last weekend in Shanghai.Â Read the CNBC story here.

And, yesterday, Alibaba followed up with the announcement of a partnership with HTCÂ that will lead to the use of more cloud computing for virtual reality applications. HTC makes the high-end HTC Vive virtual reality headset.

Watch a video preview of the Buy+ platform below (in Chinese):

In May, Alibaba teamed up withÂ P&G China onÂ the â€œVR Boy Friendâ€ and â€œVR Girl Friendâ€Â apps which featureÂ popular young Chinese actorsÂ Yang Yang andÂ DilirebaÂ and virtual shopping forÂ P&G Rejoice products.

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Maria Korolov

Hypergrid Business editor and publisher Maria Korolov is a science fiction novelist. During the day, Maria Korolov is an award-winning freelance technology journalist who covers artificial intelligence, cybersecurity and enterprise virtual reality. See her Amazon author page here and follow her on Twitter, Facebook, or LinkedIn, and check out her latest videos on the Maria Korolov YouTube channel. Email her at maria@hypergridbusiness.com. Her first virtual world novella, Krim Times, made the Amazon best-seller list in its category. Her second novella, The Lost King of Krim, is out now. She is also the publisher of MetaStellar, a new online magazine of speculative fiction.