Jack Ma's Ant Chain is also working on L2 now. The $Ant Digital Technology is launching the Layer 2 blockchain Jovay for overseas markets, specifically designed for RWA transactions. It features an innovative three-stage hierarchical confirmation mechanism, a throughput of 100,000 TPS, and an on-chain response time of 100 milliseconds. Coupled with strong security guarantees provided by the TEE and zk dual proof system, it seamlessly connects with Layer 1 blockchains like Ethereum. Additionally, it has launched the DTVM, which integrates a large language model development framework. The future is here; let's look forward to a new transformation in global asset trading!