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Ant Group Technology launches a brand new blockchain platform for efficient global RWA transactions

On April 30, in Dubai, Ant Group Technology announced the launch of the Layer2 blockchain Jovay for overseas markets. This is a high-performance, trusted blockchain platform designed specifically for RWA transactions, featuring a unique three-stage graded confirmation mechanism to ensure the verifiability of transactions, supporting a throughput of 100,000 TPS and an on-chain response time of 100 milliseconds. This will become an important piece of Ant Group Technology's "Two Chains, One Bridge" architecture. This move signifies that RWA will enter the era of "millisecond-level trusted transactions", further enhancing global liquidity. Meanwhile, Ant Group Technology has released its new generation of open-source blockchain virtual machine DTVM.

Green financial asset tokenization is a key direction for RWA development that the country will focus on in the next three years.

Currently, in the market, only our Green Bean Sprout Carbon Hut and Ant Chain are integrating footprint and platform, carbon credit RWA tokenization.

Ant Financial's Ant Chain is being promoted in the Hong Kong and Macau regions, targeting Spain, Europe, and South America.

The Green Bean Sprout Carbon Hut is being promoted internationally, targeting countries along the Belt and Road Initiative and radiating globally.