According to an announcement from Coin World, on July 15, Jovay's test network officially launched. As a blockchain platform developed by Ant Group specifically for institutional-level application scenarios, it aims to serve various applications, including Real World Assets (RWA). Jovay addresses the core pain points of traditional Layer 2 solutions in terms of performance, security, compliance, and scalability through three key technologies: parallel execution architecture, progressive hybrid verification mechanisms, and modular architecture, enabling large-scale high-frequency trading on-chain. It is reported that Jovay plans to complete its mainnet launch in the fourth quarter of 2025.
According to Coin World, Jovay uses a three-layer parallel architecture at the transaction, block, and batch levels, significantly increasing throughput while reducing user response times to under 1 second, ensuring real-time performance for scenarios like transfers and RWA contract calls.
To address the issues of long verification times and delayed dispute periods associated with traditional Rollup solutions, Jovay employs a dual-proof architecture system that integrates Trusted Execution Environment (TEE) and Zero-Knowledge Proofs (ZKP). This approach not only ensures performance but also reduces reliance on centralized hardware trust. Additionally, Jovay utilizes a modular architecture that allows for independent upgrades of core modules as technology evolves.