During the TOKEN2049 conference in Dubai, Ant Digital Technologies – the digital technology subsidiary of Ant Group – officially announced the Jovay layer-2 platform, a new blockchain solution focused on the Real World Asset (RWA) sector, meaning real assets.
Jovay – High-speed Layer-2, serving the future of digital finance
Jovay is designed to handle up to 100,000 transactions per second, with near-instantaneous response times, directly targeting the trading needs of traditional assets such as real estate, bonds, securities,... on the blockchain. This is a strategic move to ride the wave of real asset tokenization – a trend expected to revolutionize the finance industry in the coming decade.